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STATE OF MINNESOTA <br /> COUNTY OF RAMSEY <br /> CITY OF NEW BRIGHTON <br /> ORDINANCE NO. <br /> AN ORDINANCE RELATING TO REQUESTS FOR MUNICIPAL DEVELOPMENT <br /> ASSISTANCE;ADDING ARTICLE 8 TO CHAPTER 2 OF THE CITY CODE <br /> THE CITY COUNCIL OF THE CITY OF NEW BRIGHTON DOES ORDAIN AS <br /> FOLLOWS: <br /> The City Code is hereby amended by adding Article 8 to Chapter 2 as follows: <br /> Article 8.Requests for Municipal Development Financial Assistance - t Formatted:Centered <br /> Sec.2-180.General Conditions <br /> The City is authorized to conduct certain economic development activities under Minnesota <br /> Statutes,Chapter 469. The purpose of this Article is to regulate how the City processes requests <br /> for economic development assistance by privates parties,including private for-profit and non- <br /> profit entities,. -- Formatted:Font:12 pt,Not Bold, <br /> Underline,Font color:Black <br /> Sec.2-181. Regulation and Process. <br /> (I)All requests for assistance shall be made in writing on forms approved by the City Manager <br /> or their designee. <br /> (2)The City Council shall establish by resolution the amount of all application fees and related <br /> charges to be paid at the time of application. These fees and charges are non-refundable, unless <br /> waived by the City Council. <br /> (3)All requests for assistance shall be handled in a two step process.as described below: <br /> Step I: <br /> (A)Interested parties shall complete an exploratory application and pay a fee to the City. •- {Formatted:Bullets and Numbering <br /> (B)The exploratory application shall provide a written narrative of the proposed project <br /> And an explanation of the financial assistance that is needed. Formatted:Indent:Left: 0.5, <br /> f C)The City shall refer the exploratory application to the City Council for discussion a Tabs:Not at 1^ <br /> the next available work session. If the City Council shows interest in the project.the . Formatted:Bullets and Numbering <br /> applicant shall be directed to complete the process described in Step 2. The City Formatted:Indent:Left: 0.73^, <br /> Council reserves any and all rights with respect to providing financial assistance to Tabs:Not at 1" <br /> the project. <br /> C:\Documents and Settings\gfeme\Local Settings\Temporary Internet Files\OLK9C\CC Chapter 2 Revisions(GF) <br /> (2).doc <br />