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8.0. EDSR 03-10-2003
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8.0. EDSR 03-10-2003
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City Government
type
EDSR
date
3/10/2003
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INCENTIVES/SUPPORT <br /> • For <br /> BIG LAKE INDUSTRIAL PARK ROSPECTS <br /> > Land: The Big Lake EDA will make land available at a negotiated price. <br /> > Infrastructure: Infrastructure is already available. Assessments are to be paid <br /> by the property owner and reimbursed by the EDA. <br /> > TIF: The EDA may consider assistance for site prep and other eligible expenses.* <br /> • <br /> > Low Interest Loans: The Big Lake EDA offers economic development loans <br /> (below market rate financing) for fixed assets. <br /> > Training: The EDA will cooperate in exploring employee training needs and <br /> programs with appropriate agencies and institutions. <br /> * Such assistance is subject to availability of increment as well as building value, size of <br /> building and size of lot for the project and the number of jobs created. <br /> • <br />
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