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Agenda - Council - 04/14/2011 - Joint with EDA
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Agenda - Council - 04/14/2011 - Joint with EDA
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Last modified
3/18/2025 2:01:44 PM
Creation date
4/11/2011 12:44:52 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Title
Joint with EDA
Document Date
04/14/2011
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Table of Contents <br />1. CITY AND EDA OF RAMSEY BUSINESS SUBSIDY POLICY .........................1 <br />A. Mandatory Criteria .................................. ..............................1 <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 />2. CITY AND EDA OF RAMSEY TAX ABATEMENT AND TAX INCREMENT <br />FINANCING POLICY .............................................. ..............................7 <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 />Commercial/Industrial Projects ..................... .............................25 <br />APPENDIX I: BUSINESS SUBSIDY STATUTE 2008 ........... ............................... <br />APPENDIX II: SAMPLE BUSINESS SUBSIDY AGREEMENT .............................. <br />APPENDIX III: BUSINESS SUBSIDY REPORTING FORM ... ............................... <br />
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