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Agenda - Economic Development Authority - 01/13/2011
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Agenda - Economic Development Authority - 01/13/2011
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3/19/2025 2:42:58 PM
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1/10/2011 3:04:42 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
01/13/2011
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DRAFT <br />Application Process <br />The applicant must submit a completed Business Assistance Application and all required <br />attachments to the City's Community Development Department. City staff will make every <br />effort to review completed applications within a three -week period of time. The Ramsey <br />Economic Development Authority will make a recommendation on the full - service restaurant <br />subsidy to the Ramsey City Council. Applicants will be notified of EDA and City Council <br />meetings and may be asked to attend to present their request for assistance. <br />Implementation Procedures <br />The program does require the applicant pay upfront permit fees and all applicable Sewer Access <br />Charge (SAC fees) that the City of Ramsey is required to pay on behalf of the project to the <br />Metropolitan Council. To be in good standing with the City, applicant and /or landlords must be <br />current on all municipal taxes, special assessments, utility bills, or EDA loans. Principal <br />forgiveness will cease if the applicant and /or landlords fail to be current on these obligations. <br />Principal forgiveness will cease if the applicant discontinues the business, moves the business, or <br />fails to comply with any and all building, fire, health, or zoning codes or regulations. <br />
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