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Background: <br /> <br />By: <br /> <br /> FINANCING POLICY <br />Cindy Sherman, Community Development Director <br /> <br />Staff has updated the attached draft from a 1995 draft that was found in the records. It does not <br />appear the policy was ever adopted so we will be proceeding to Council with this as a new policy <br />and it will supersede anything that was previously adopted. <br /> <br />Observation: <br /> <br />The draft policy has been structured so that it covers public financing in general. It outlines the <br />criteria for evaluation, process for review, and guidelines for the use of public assistance. <br /> <br />Recommendation: <br /> <br />To review and recommend any changes to the policy and forward it to the City Council for <br />review. <br /> <br />EDA Action: <br /> <br />Based on discussion <br /> <br />Review checklist: <br /> <br />City Administrator <br />Community Development Assistant <br /> <br />EDA: 3/9/99 <br />g:\users\cindy\tifpolicy <br /> <br /> <br />