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! <br /> I A E D 1 C I R <br /> · conomic eve opment ( ommercial/ndustrial/ esidential) <br /> <br /> i .1. Financing <br /> ,, '!~','X, [X,f~ a. Grants k ~ <br /> <br />~ (,,.' ':¢~)' N c' n strial devel°pment b°nds//,~,,'-''''~'> <br /> ~ ~d~-City__p~ticipation in costs / <br /> <br />I "/Z. Utiliti dtran p rtati ~.. ............... <br /> ~a. Sanitary sewer-water maximizing ~e of l~d for valuation <br />~ (b. Provide for better class of commercial/industrial development <br />I 5 - <br /> ~d. City water will reduce ins~ce rate for commercial/ind~trial/ <br /> _ ~ residential development - <br /> <br /> 3. City policy reg~ding economic ~owth <br /> a. City zoning ordinance'which has established proposed ~owth ~ea <br />~ b. Comprehensive pl~ which reaffirms that document <br /> <br />  c. Utility studies completed in accord~ce with previo~ documents <br /> d. Since township days, City has p~sued s~ita~ facilities <br /> 4. Legal responsibility <br /> <br />./ ......... ') a. City Attorney should e~lain the City's responsibility to its zoning <br />~ ~ ~ ordinance <br /> <br /> / :~ ~ ~/~/-/., // b. City Atto~ey should explain Citys responsibility to its comprehensive <br /> <br />~ _E ?' c, City Attorney should e~lain th~ City s responsibility to its citizens who <br /> '~ ....... / .... have invested in the above stated City plans <br />~ 5. Economic development benefits <br /> <br />a. Increase in tax base <br /> <br />b. Additional local employment <br /> <br />c. Initial economic development will fund sanitary sewer and water and <br /> will provide availability to residential areas that will develop a need <br /> <br />Page 1 <br /> <br /> <br />