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EDA Fund, ACHRA Fund, or TIF # 1. If this project moves forward, staff will need to sort out the details on this <br />item. <br />Recommendation: <br />STAFF <br />Staff is comfortable accepting the PSD LLC business subsidy request application. Staff believes this request needs <br />to be underwritten and checked against our policies. Staff believes the request made by PSD, from a preliminary/ <br />high-level perspective, appears to be reasonable for the City to further consider. <br />EDA <br />The EDA reviewed this case on June 8. Little discussion occurred. The EDA was generally supportive of staffs <br />recommendation. The EDA felt this case was generally consistent with previous discussion/ action by the EDA and <br />City Council (April). By consensus, the EDA passed a motion to accept a business subsidy application from PSD <br />LLC. Attached to this case are draft EDA minutes. <br />Action: <br />Motion to: <br />Accept a business subsidy application from PSD LLC and call for a public hearing on July, 25. <br />Attachments <br />Background Maps and Renderings <br />Assistance Requests <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 06/22/2017 11:21 AM <br />Form Started By: Patrick Brama Started On: 06/06/2017 11:10 AM <br />Final Approval Date: 06/22/2017 <br />