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<br />Description of Project Property <br /> <br />11. Legal description of project real property <br /> <br />Part ofNE 1/4 Sec 32 Normanna ofCass County. <br />Parcell ID #55-0000-09799-010 ~~--- <br /> <br />~ <br /> <br />12. Will the project property be owned or leased by the project operator? <br /> <br />III Owned <br /> <br />o Leased <br /> <br />If the answer to 12 is leased, will the benefit of any incentive granted accrue to the project operator? <br />DYes 0 No <br /> <br />If the property will be leased, attach a copy of the lease or other agreement establishing the project operator's <br />benefits. <br /> <br />13. Will the project be located in a new structure or an existing facility? III New construction 0 Existing facility <br /> <br />If existing facility, when was it constructed? <br /> <br />If new construction, complete the following: <br /> <br />a. Estimated date of commencement of construction of the project covered by this application 10-1-2005 <br /> <br />b. Description of project to be constructed including size, type and quality of construction <br /> <br />13' x 70' Platform scale & receiving conveyor, one 78' diameter steel bin, one 90' diameter steel bin, fill conveyor, <br />screen type cleaner and automatic probe system. <br /> <br />c. Projected number of construction employees during the project construction Five to Ten <br /> <br />14. Approximate date of commencement of operations for this project 03-15-2006 <br /> <br />15. Estimated market value of the property used for <br />this project: <br /> <br />16. Estimate taxable valuation of the property eligible <br />for exemption by multiplying the market values by <br />5 percent: <br /> <br />a. Land ........................................ $ 5.000 lacre <br /> <br />a. Land (not eligible) ..................... <br /> <br />~ <br /> <br />b. Existing buildings and <br />structures for which an exemp- <br />tion is claimed ......................... $ ZERO <br /> <br />b. Eligible existing buildings and <br />structures ................................... $ 0 <br /> <br />c. Newly constructed buildings <br />and structures when <br />completed ................................ $ 1.245.500 <br /> <br />c. Newly constructed buildings <br />and structures when <br />completed .................................. $ 62.275.00 <br /> <br />d. Total........................................ $ 1.250.500 <br /> <br />d. Total taxable valuation of <br />property eligible for exemption <br />(Add lines b and c) .................... $ 62.275.00 <br /> <br />e. Machinery and equipment ....... $ <br /> <br />e. Enter the consolidated mill rate <br />for the appropriate taxing <br />district ........................................ 300.17 <br /> <br />f. Annual amount of the tax <br />exemption (Line d multiplied <br />by line e) .................................... $ 18.693.09 <br />