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a. Business plan describing the scope of the project, including site plans, <br /> building plans, renderings, or blueprints; <br /> b. Project budget; <br /> c. Private financing commitment; <br /> d. Equity investment commitment; <br /> e. Proposed security; <br /> f. Company financial statements (3 years); <br /> g. Personal financial statements (2 years); <br /> h. Credit check release; <br /> i. Mortgage or lease of property to be improved; <br /> j. Proof of insurance of property to be improved; <br /> k. Number of jobs to be created or retained; <br /> L Wage information; <br /> m. Amount of loan request; and <br /> n. Other documentation as requested. <br /> 2. Incomplete applications. Community development staff, in its sole discretion, <br /> will determine if the application is complete and actionable. Incomplete <br /> applications will be assigned pending status and the applicant will be <br /> informed in writing of the missing documentation. <br /> 3. Transmittal. Applications transmitted by oral, telegraphic, facsimile, or e-mail <br /> will not be accepted. <br /> 4. Determination of eligibility. Applicant eligibility will be determined by <br /> community development staff using criteria enumerated in subsection D (1) of <br /> this section. <br /> 5. Site inspection. As part of the eligibility determination process,the city will <br /> inspect the property or building designated for improvements for compliance <br /> with the city administrative ordinances and zoning codes. <br /> 6. Credit check. A credit check for the company and each of its principal owners <br /> shall be conducted by community development staff. <br /> F. Loan approval process. Community development staff will prepare loan <br /> applications and make recommendations to the EDA. <br /> 1. EDA agenda. Upon determining the eligibility of the completed application <br />