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Resolution - #09-01-009 - 01/13/2009
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Resolution - #09-01-009 - 01/13/2009
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Last modified
4/4/2025 10:04:33 AM
Creation date
1/26/2009 11:35:01 AM
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Resolutions & Ordinances
Resolutions or Ordinances
Resolutions
Resolution or Ordinance Number
#09-01-009
Document Date
01/13/2009
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<br />Table of Contents <br /> <br />[ . <br /> <br />1. CITY AND EDA OF RAMSEY BUSINESS SUBSIDY POLICY......................... 1 <br />A. Mandatory Criteria... .. . .. . . . .. . : . .. .. ,,, . . ~ . .. . . . .. . . .. . .. . . .. .. .... . .. .... . .. . ." 1 <br /> <br />B. Policy........... ...... ........... ........ ............. ................. ..... ........... 1 <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 /> <br />B. Public Purpose Objectives.... .................................................: 7 <br /> <br />C. Policy Positions.......... ......... ....... ..;.............,... ..... .........,. .....8 <br /> <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 /> <br />APPENDIX II: SAMPLE BUSINESS SUBSIDY AGREEMENT.............................. <br />APPENDIX III: BUSINESS SUBSIDY REPORTING FORM................:................. <br />
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