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Agenda - Council - 12/12/2023
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Agenda - Council - 12/12/2023
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Last modified
3/13/2025 11:32:24 AM
Creation date
12/18/2023 11:38:57 AM
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Template:
Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
12/12/2023
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Table of Contents <br /> 1. CITY AND EDA OF RAMSEY BUSINESS SUBSIDY POLICY........................ 1 <br /> A. Mandatory Criteria .............................................................. 1 <br /> B. Policy................................................................................. 1 <br /> C. Project Evaluation Criteria.................................................... 2 <br /> D. Additional Considerations .................................................... 4 <br /> E. Financial Assistance Not Considered A Business Subsidy ........ 5 <br /> 2. CITY AND EDA OF RAMSEY TAX ABATEMENT AND TAX INCREMENT <br /> FINANCING POLICY.......................................................................... 7 <br /> A. Purpose .............................................................................. 7 <br /> B. Public Purpose Objectives..................................................... 7 <br /> C. Policy Positions................................................................... 8 <br /> D. Project Requirements........................................................... 8 <br /> E. Application Process.............................................................. 9 <br /> Exhibit A: Business Assistance Application............................... 10 <br /> Exhibit B: Business Assistance Review Worksheet for <br /> Commercial/Industrial Projects................................................ 25 <br /> APPENDIX I: BUSINESS SUBSIDY STATUTE 2008......................................... <br /> APPENDIX II: SAMPLE BUSINESS SUBSIDY AGREEMENT............................. <br /> APPENDIX III: BUSINESS SUBSIDY REPORTING FORM................................. <br />
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