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IncentivePolicyExample <br />MixedUseProject <br />NewUrbanBuildersplanstobringamixeduseprojecttothedowntownLaPorte/Sylvan <br />Beachcorridor.Theplanistobuild105,000squarefeetofretail/entertainment,a100room <br />hotel,45,000squarefeetofofficeusesand175housingunits,ofwhich75willbeowner <br />occupiedpricedbetween$155,000and$275,000/unit,withthebalancemultifamilyrental. <br />TheCitywillspend$375,000ininfrastructureextensions. <br />OverallEconomicandFiscalImpact <br />MinimalAcceptableGoodExcellent <br />010 20 30 <br />CharacterofJobs <br />Poor/MinimalAcceptableGoodExcellent <br />010 15 20 <br />ConnectiontoEconomicDevelopmentFocusAreas <br />UnconnectedAcceptableGoodExcellent <br />01020 30 <br />AdditionalContributiontoCommunityVitality <br />MinimalAcceptableGoodExcellent <br />0 10 1520 <br />TotalPossiblePoints100 <br />BonusPointsforDesiredDevelopmentLocationin <br />15 <br />Downtown/SylvanBeachCorridor <br />ProjectScore:85(qualifiesforupto50percenttaxincentive) <br />36 <br />Forward La Porte Economic Development Strategic Plan I 2009-2013 <br /> <br />