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<br />- z- <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 />l' d) Retention of employment which might otherwise <br />`~ leave the community. <br />;t <br />e) Competition with existing retail establishments <br />~j will be discouraged except for pur oses of <br />" redevelopment. p <br />f) Special construction and built-ins which will <br />preclude alternate uses will not be included in the ~ <br />financing. <br />I! <br />~f g) No tax exempt enterprise shall be considered for <br />;? Industrial Development Bond financing.I <br />'; 5. All projects shall exceed five hundred thousand dollars <br />ij (SS00,000.00) in cost unless waived by resolution of <br />;, the Council. <br />I <br />~, <br />~i <br />!! BE IT FURTHER RESOLVED, That;. ~ <br />~ ~r.~~ <br />'! 1. A company seeking Industrial Development Financin <br />g <br />i shall petition the City for the project on City <br />~; forms, paying a deposit of 52,500. <br />I <br />~~ RE Ii FURTHER RESOLVED, That upon acceptance of the petition <br />~~the City shall agree to c~~rsider this: method of financing with <br />~tthe right to approve or reject a>>y proi~osed project depending <br />}on the information provided in response to the items listed below: <br />!~ 1. A complete set of audits by a certified CPA or ap roved <br />qualified public accounting firm for three (3) previous <br />i~ years shall be provided if available for review by the <br />~; City's consultants and/or certified personal net worth <br />l statements of the principals. <br />~' <br />~; 2. A copy of Dun anc~ Eradstreet's most recent Rating <br />i Report shall be provided for review by the City's <br />~ consultants. <br />;~ <br />:i <br />_ ;I j <br />f t <br />,; <br />;; <br />~' <br />,- <br />'` ~ <br />.c <br />~; <br />