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Agenda - Economic Development Authority - 02/13/2014
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Agenda - Economic Development Authority - 02/13/2014
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3/18/2025 1:17:19 PM
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3/6/2014 2:24:48 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
02/13/2014
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Federal /Local or Philanthropic Partnerships: <br />Applicant <br />Point <br />Allocation <br />City Point <br />Allocation <br />Land use and zoning approvals have been obtained = 2 points <br />Project funds from the federal government, a local unit of <br />government, area employer and /or a private philanthropic, religious <br />or charitable organization. If applicable, provide percentage: <br />20.1% and above of the development cost= 10 points <br />Circle: <br />Yes /No <br />Circle: <br />Yes /No <br />15.1 % -20 %= 8 points <br />Cash equity commitment of at least 5% down payment is secured: 5 <br />points. <br />10.1 % -10 %= 6 points <br />Indoor theatre= 1 point <br />5.1% -10 %= 4 points <br />2.1% -5 %= 2 points <br />Non - Financial Readiness to Proceed: <br />Applicant <br />Point <br />Allocation <br />City Point <br />Allocation <br />Land use and zoning approvals have been obtained = 2 points <br />Circle: <br />Yes /No <br />Site Control: <br />Circle: <br />Yes /No <br />Circle: <br />Yes /No <br />Fee Title Ownership has been obtained= 5 points <br />Private Equity Percentage <br />Cash equity commitment of at least 5% down payment is secured: 5 <br />points. <br />Project Amenities - Check all that apply. <br />Applicant <br />Point <br />Allocation <br />City Point <br />Allocation <br />Community room /gathering area= 1 point <br />On -site fitness center= 1 point <br />Terrace /Courtyard or Roof top gathering area= 1 point <br />Indoor theatre= 1 point <br />Housing Assistance Policy Final Draft — Affordable (01/03/2014) <br />10 <br />
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