Laserfiche WebLink
- 2- <br />a) A significant number of new jobs :for the City. <br />b) Generation of limited amounts of traffic.. Both <br />in relation to type of vehicle and number of trips. <br />c) The direct benefit to the City's citizens.. <br />d) Retention of employment which might otherwise <br />leave the community. <br />e} Competition with existing retail establishments <br />will be discouraged except for purposes of <br />redevelopment. <br />~~ f) Special construction and built-ins which will <br />preclude-alternate uses will not be included in the <br />~ financing. <br />f <br />+~ g) No tax exempt enterprise shall be considered for <br />~~ Industrial Development Bond financing. <br />`~ 5. All projects shall exceed five hundred thousand dollars <br />~~ (SS00,000.00) in cost unless waived by resolution of <br />±i the Council. <br />;i • <br />~! BE IT FURTHER RESOLVED, That: <br />c~~ <br />~i 1. A company seeking Industrial Development Financin <br />. shall. petition the Cit for the g <br />~i y project on City <br />~, forms, paying a neposit of S2,S00. <br />i <br />'~ RE I i FURTHER R~;:OL`JED, <br />That upon acceptance of the petition <br />the City` shall agree tc~ c~~r.sider this- method of .financing with <br />'fthe right to appro~~e or re jcct a~,Y pro posed <br />- I project depending <br />,on the information provided in resFonse to the items listed. below: <br />1. A complete set of audits by a certified CPA or approved <br />` qualified public accounting firm for three (3) previous. <br />i! years shall be provided if availablefor review by the <br />City's consultants and/or certified personal net worth <br />ij statements of t;~e principals. <br />i <br />,~ 2. A copy of Dun anc. Eradstreet's .most recent Ratin <br />~ Report shall be provided for review by the City's <br />~' consultants. <br />~, <br />.~ <br />!' j <br />,~ <br />i; <br />