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technically beyond the scope of these guidelines. The guidelines may be modified unilaterally by <br />the EDA at any time. <br /> <br />Section 4. Process. The following process shall be utilized by the EDA in processing <br />requests for development assistance: <br /> <br />A. City Staff reviews the request with respect to the following information: <br /> <br />Public Infrastructure <br /> <br />Private Development <br /> <br />- location of development <br />- type of development <br />- total project cost <br />- size of development <br />- type and amount of request <br />- timetable for project <br />- financial feasibility <br />- legal feasibility <br />- overall benefit to City <br /> <br />- owners equity <br />- leveraged dollars <br />- developer proforma <br />- job creation <br />- location of development <br />- type of development <br />- total project cost <br />- size of development <br />- type and amount of request <br />- timetable for project <br />- legal & financial feasibility <br />- overall benefit to City <br /> <br />Bo <br /> <br />The EDA will receive the comments and recommendations of Staff and, when <br />appropriate, the EDA will also consult the Planning Commission and the Economic <br />Development Commission. In addition, the EDA will review the request with respect <br />to the following issues: <br /> <br />- benefit to the City as a whole <br /> impact on other private development in the area <br />- without EDA assistance, project will not occur <br />- legal and financial feasibility <br /> <br />C. The Planning Commission reviews the request with respect to the following issues: <br /> <br />- consistency with the City's Comprehensive Plan <br />- appropriateness under the Zoning Ordinance <br /> <br />D. The Economic Development Commission reviews the request with respect to the <br /> following issues: <br /> <br />increase in employment opportunities in the City <br />expansion or retention of existing local business <br />development of public improvements positively impacting development areas <br />increase in the tax base of the City <br />long term benefit to City <br /> <br />If the EDA approves a request, all approvals of development assistance are subject to <br />the execution of a development agreement with the City. The agreement may include, <br />but is not limited to, the following: <br /> <br />amount of the City's financial commitment <br />specification of the City's commitment <br />terms of the City's participation (i.e. liens, deficiency agreements, etc.) <br /> <br /> <br />