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STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF NEW BRIGHTON ORDINANCE NO.774 ORDINANCE RELATING TO REQUESTS FOR MUNICIPAL DEVELOPMENT ASSISTANCE; ADDING ARTICLE S TO CHAPTER 2 OF THE CITY CODE CITY COUNCIL OF THE CITY OF NEW BRIGHTON DOES ORDAIN AS Code is hereby amended by adding Article 8 to Chapter 2 as follows: Article 8. Requests for Municipal Development Financial Assistance 180. General Conditions The ity is authorized to conduct certain economic development activities under Minnesota StatAes, Chapter 469. The purpose of this Article is to regulate how the City processes requests for ekonomic development assistance by privates parties, including private for-profit and non - pro entities, 181. Regulation and Process. (1) [1 requests for assistance shall be made in writing on forms approved by the City Manager or Manager's designee. (2) e City Council shall establish by resolution the amount of all application fees and related ch es to be paid at the time of application. These fees and charges are non-refundable, unless wai d by the City Council. (3) x(11 requests for assistance shall be handled in a two step process, as described below: Step l: (A)Interested parties shall complete an exploratory application and pay a fee to the City. (13) The exploratory application shall provide a written narrative of the proposed project and an explanation of the financial assistance that is needed. (C)The City shall refer the exploratory application to the City Council for discussion at a available work session. If the City Council shows interest in the project, the Applicant shall be directed to complete the process described in Step 2. The City Council reserves any and all rights with respect to providing or declining to provide financial assistance to the project.