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Agenda - Economic Development Authority - 02/16/2005
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Agenda - Economic Development Authority - 02/16/2005
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4/14/2025 1:32:05 PM
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2/9/2005 1:13:26 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
02/16/2005
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VIII. <br /> <br />Co <br /> <br />preceding application are adequately and appropriately addressed. <br /> <br />Administration. <br /> <br />Loan review committee. The Ramsey EDA' will serve as the loan review <br />committee. The final determination on all revolving loan applications rests with <br />the City Council. <br /> <br />Conflict of Interest. All city officials and employees shall comply with the <br />applicable conflict of interest regulations set forth in the City Code. <br /> <br />Staff responsibility. Community development staff shall have the general <br />responsibility for coordinating the application process, reviewing loan <br />application, preparing applications and recommendations for review by the EDA, <br />and coordinating the loan aPproval and ~ervice process as set forth in Subsections <br />D -~ G of this section. <br /> <br />Pre-application process. All parties seeking revolving loan funds must file a pre- <br />application. Pre-application forms may be obtained from the Community <br />Development Department. <br /> <br />There will be a pre-application form that must be completed and submitted to <br />the Community Development Department for review and approval. <br /> <br />The pre-application form will request information regarding the applicant, <br />project scope, and project costs. <br /> <br />Upon Community DeveloPment Department approval, the applicant will be <br />forwarded a revolving loan fund application. <br /> <br />4. Pre-application forms may be submitted on an open basis throughout the year. <br /> <br />Application process. All parties seeking revolving loan funds must file an <br />application. Application forms may be obtained from the Community <br />Development Department. <br /> <br />Components of application. Only completed applications will be reviewed for <br />consideration by community development staff. A completed application is <br />one that satisfies the checklist provided below: <br /> <br /> <br />
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