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BUSINESS. B E HAY. <br /> d. Applications receiving approval by the EGEC shall commence construction described <br /> in the application within ninety (90) days from the date the grant is approved. All <br /> Applicants must complete the construction described in the Application within one (1) <br /> year from the date the grant is approved. If the Applicant cannot meet these <br /> timelines, the Applicant may submit a written request for an extension for the <br /> commencement date or completion date provided the extension request is made <br /> prior to the ninety (90) day or one (1) year time limit. The EGEC shall not be obligated <br /> to grant an extension but may do so for good cause determined solely by the <br /> members of the Committee. The extensions, if granted, shall be for the term and for <br /> the conditions determined exclusively by the EGEC. An extension denial cannot be <br /> appealed and shall be final. <br /> e. As a condition of this grant Application, the Applicant consents and shall allow the <br /> EGEC to request city inspections to determine that the grant, if awarded, will not be <br /> used for construction on any building that is not in compliance with the City Municipal <br /> Codes and Ordinances that are applicable to the construction contemplated in the <br /> application. <br /> f. The EGEC and EDC shall have sole discretion in awarding grants. They shall award <br /> grants considering the amount requested, grant funds available, the guidelines of the <br /> grant program, condition of the building in which the grant funds will be used, <br /> economic impact, other grant requests, the type and nature of the construction, and <br /> the proposed construction results considering the grant program. <br /> g. No Applicant has a proprietary right to receive grant funds. The EGEC shall consider <br /> any application within its discretionary authority to determine what grant amount <br /> would be in the best interest of the grant program. <br /> h. The Applicant shall be required to furnish photographs of the building's exterior, and <br /> any other site locations that are included as part of the application request and shall <br /> provide photographs after the construction is completed as a condition of final grant <br /> disbursement. <br /> i. The EGEC has the final discretion with regard to funding and reserves the right to <br /> recommend modifications or reject any project or elements of any project. <br /> 5. Reimbursement. When the entire grant project has been satisfactorily completed, the <br /> Applicant shall present the Economic Development Office with the following: <br /> a. Copies of all paid invoices, including copies of cancelled checks and /or credit card <br /> receipts for a single payment reimbursement of the approved funding <br /> b. Photographs of all completed work <br /> 6. When the project has been reviewed and signed off by the EGEC and their recommendations <br /> have been presented and approved by the EDC, a reimbursement check will be issued. <br /> ENHANCEMENT GRANT <br /> PROGRAM DESCRIPTION, PAGE 3 <br />