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Step 2: (D)The Applicant shall pay a separate fee for the Step 2 review process. (E) The Applicant shall provide additional background information on the project, which at a minimum must include a project sources and uses statement, a cash flow statement and other information deemed appropriate by the City. (F) The Applicant shall provide a description of the project goals, such as the scope of Development; number of jobs created and/or housing units to be built; and the proposed development schedule. (G)The Applicant shall provide a list of the project team members including the principal developer, partners, architects, engineers, attorneys and other professionals. This should also include a summary of their experiences on development projects. (H)The Applicant shall provide a description of at least three (3) previous projects that have been completed by the Applicant or are in process at the time of application. (I) Other information, as deemed appropriate by the City. (J) All Step 2 applications shall be referred to the Economic Development Commission for review and recommendation, prior to consideration by the City Council. ;4) If the City Council approves the Step 2 application, City Council may authorize the preparation of a term sheet and/or contract for private redevelopment. The Applicant shall make a cash deposit to the City for payment of professional services required by the City, including preparation of legal agreements; public notices; tax increment financing plans; document recordings and other costs incurred by the City. In the event an Applicant does not proceed with a project, the City shall refund any monies held in the escrow account, but only after deducting sufficient funds to pay outstanding bills for professional services. All Step 1 and 2 application fees are non- refundable, unless waived by the City Council. 2-183. Types of Assistance may provide municipal development financial assistance as authorized under a law. The City Council may adopt a separate policy with regard to the criteria for projects and determining the level of financial assistance. 184--2-189. Reserved. ordinance is effective the date following its publication. this 10th day of March 2009.