Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />e <br /> <br />e <br /> <br />PROPOSED CONDITIONS AND STANDARDS <br />FOR APPROVING COMMERCIAL PROJECTS <br />FOR IRB FINANCING <br /> <br />To be eligible for bond financing, each commercial project <br /> <br />must meet all of the following conditions for the duration of <br /> <br />the bond financing: <br /> <br />(1) The project must be supported by an <br />economic feasibility analysis which <br />shows its economic viability. <br /> <br />(2) The project must increase the City's <br />tax base. <br /> <br />(3) The project must remove a blighted <br />condition or create employment. <br /> <br />(4) The project must not contribute to <br />economic decline or blight in another <br />area. <br />