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