Date: 6/9/14

Superior Silica Sands Project Fact Sheet

Project Description Phase I
Trans Load Facility-Truck to Rail Car with covered conveyor/transfer
On-Site Air Monitoring as Required
Finished Product No On-site Manufacturing or Outdoor Storage
Hours of Operation
Primary or Normal Hours: 6 am to 6 pm
Extended Hours for Operational Flexibility: 6 am to 10pm (allows for weather, special events)
Direct On-site Employment -7 Employees
Indirect Employment
Local Trucking Positions 27
St Croix Valley Rail 3 to 5
Truck Trips to Site per Day
Expect 108 Trips per Day to the Site
Average per Hour 10 to 12
Company to Pay for City to Build Truck Bypass Construction 2015
Company will Pay for City Road Maintenance Expense due to Excess Wear
Annual Contribution to Road Maintenance Reserve Fund
Financial Impact
2015 Levy Net Impact 5.93%
On-going Levies 2016 2022 Net Impact each Year 7.48% (Interest, Principal, & Assessments on ESSBY)
Contributes to Sewer Fund in 2014 - $81,562
Contributes to Water Fund in 2014 - $188,260
Reduces Principal Debt on Bond - $ 1,180,000
Increases Tax Base for the City est. $1,650,000
Eliminates a major portion of the 2022 Bond Balloon Payment Requirement

Note: An additional Phase II may be possible & projected 3 to 5 years out if business warrants expansion