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Agenda - Economic Development Authority - 11/13/2008
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Agenda - Economic Development Authority - 11/13/2008
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Last modified
3/25/2025 3:10:22 PM
Creation date
11/7/2008 10:26:23 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
11/13/2008
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<br />_ ,~~':,~.~'~'--~':~.;.:~Y:::::;~~::::,~':':.:..;~;"2:~:l'~~~~,- ~-:.:.L::.~~:::~',,-.,::::,:..::..;:~==:.-'"~ ~--,:..;",':~--'.. - ~,~._~---- ---.' ----- <br /> <br />Table of Contents <br /> <br />1. CITY AND EDAoF RAMSEY BUSINESS SUBSIDY POLICY......................... 1 <br />A. Mandatory Criteria..;.......................................................;..... 1 <br /> <br />B. Policy.:..................,...................... .............................;...,..... 1 <br /> <br />C. Project Evaluation Criteria .................................................... 2 <br />D. Additional Considerations.................................................... ~. 4 <br />E. Financial Assistance Not Considered A Business Subsidy......... 5 <br /> <br />2~CITY AND EDA OF RAMSEY TAX ABATEMENT AND TAX INCREMENT <br /> <br />FINANCING POLiCy....... ...... ............. ...,............... .......... .......... .........7 <br /> <br />A. Purpose............................................................................... 7 <br />B. Public Purpose Objectives .:................................................... 7 <br />C. Policy Positions............................. ...... .... .......... ,.................8 <br />D. Project Requirements.................... .......... ................... ........... 8 <br />E. Application Process.............................................................. 9 <br />Exhibit A: Business Assistance Application............................... 10 <br />Exhibit B: Business Assistance Review Worksheet for <br />CommerciallIndustrial Projects.........:...................:.................... 25 <br /> <br />APPENDIX I: BUSINESS SUBSIDY STATUTE 2008 ......................................... <br />APPENDIX II: SAMPLE BUSINESS SUBSIDY AGREEMENT.............................. <br /> <br />APPENDIX III: BUSINESS SUBSIDY REPORTING FORM................................... <br /> <br />13 <br />
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