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Tax Exempt Filing Process <br />City of New Brighton <br />December 26, 1979 <br />Appliuunt meats with the City Manager <br />to rc~vi~w the prloject. <br />W <br />l~ppli<:ant completes City's tax <br />~x~mpt applicatilon <br />W <br />AE~p1i<:ant is scheduled for the City <br />~uuncil agenda. Council makes a <br />fin<liny as to the probable acceptability <br />of the project floc tax exempt financing. <br />W <br />hpplicant proceeds through the City's <br />p1.~rininy processl, if required. <br />W <br />1' 1 anniny reconuncnaation comes to <br />Council from the Board of keview. <br />Council reconsiders probable <br />,~<:~~-ptsbility of the project for <br />tax ex`nil~t financing. <br />W <br />c'uunc: i 1 schedules hearing tc~ <br />fucmally hoar conune.nts on the <br />hro )c.~~t t.y the public. 'T'his may <br /><.un<•ur s imu 1 t.an~ous ly with any <br />L'~~~, r ~l ~~ t Ilc:vi ew reconunc'ndat ion and <br />l~ul~l i,: h~.:aring sat to meet the <br />Ci t_y's .~unin~j or SuUdivision Code, <br />~t al. (10 clays published noticel <br />1'UI~I1~' }lcr.ai•Lrl~(5) nIl t~1C pru]E'.Ct <br />is h~~l~i. <br />W <br />Nruliu,inary resc.~lution a~proviny <br />t..,x c_x~•,n1~t tin~rnciny fur the project <br />i~ .,,+.,.1~c.~.:,1. i~t.t~er project approvals <br />ni_, y ,., i ~.~ Uc y i vu n. <br />Terminates Interest <br />Project is rejected <br />as not probable to <br />pursue for tax <br />exempt financing. <br />Project is rejecter! <br />as not probabl e <br />to pursue for <br />tax exempt fit~ancin~l. <br />Project is reject~~~l <br />for tax exempt <br />financing. <br />F:ppl ic.~„t r~:turr~.5 for [final tax exempt Council tpay reject <br />in~~,~<:iny approvals by the City Council. --~ project at any tune <br />.until final approvals <br />are granted. <br />