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deposit to the City for payment of professional services required by the City, including <br />preparation of legal agreements; public notices; tax increment financing plans; document <br />recordings and other costs incurred by the City. <br />(5) In the event an Applicant does not proceed with a project, the City shall refund any monies held <br />in the escrow account, but only after deducting sufficient funds to pay outstanding bills for <br />professional services. All Step 1 and 2 application fees are non-refundable, unless waived by the <br />City Council. <br />Sec. 2-183. Types of Assistance <br />The City may provide municipal development financial assistance as authorized under Minnesota law. <br />The City Council may adopt a separate policy with regard to the criteria for selecting projects and <br />determining the level of financial assistance. (Ord No 774, 3-10-2009.) <br />Sec. 2-184-2-189. Reserved. <br />• <br />• <br />2-25 <br />