7.7. EDSR 01-22-2019 - Laserfiche WebLink

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5. Procedural Guidelines for Application and Approval 1. The applicant shall obtain information about the Energy Incentive Program and application from the City. 2. The applicant shall complete and submit an application along with a $2,000 processing fee. The fee covers processing expenses. Any remaining funds will be returned to the applicant. The applicant must provide a letter of commitment for constructing the project. 3. The EDA and the City are a governmental entities and must provide access to public data received in accordance with the Minnesota Government Data Practices Act, (Minnesota Statutes, Chapter 13) (the “Minnesota Data Practices Act”). The information provided in an application to the EDA and the City will be used to assess eligibility for financial assistance. The EDA and the City will not be able to process an application without this information. The Minnesota Government Data Practices Act governs whether the information that you are providing to the EDA is public or private. If financial assistance is provided for the project, the information submitted in connection with your application will become public, except for those items protected under Minnesota Statutes, Section 13.59, Subdivision 3(b) or Section 13.591, Subdivision 2. Data deemed by the applicant to be nonpublic data under state law should be so designated or marked by the applicant. See Minn. Stat. Sections 13.59, Subd. 1, respectively. 4. The application will be reviewed to determine conformity to all City policies and ordinances and to consider the following: a. The availability and applicability of other governmental grants and/or microloan programs. b. Whether the proposed project will result in conformance with building and zoning codes. c. Whether it is desirous and in the best interests of the public to provide incentives and/or funding for the project. 5. The Joint Finance Committee of the EDA and EDA Commissioners will review each application for compliance with the City’s Comprehensive Plan, Economic Development Strategic Plan and the goals, requirements and intent of this policy. The EDA Finance Committee will also evaluate the project application in terms of the following: a. Project Design - Evaluation of project design will include review of proposed activities, time lines and a capacity to implement the project. b. Letter of Commitment from applicant pledging to complete the project during proposed project duration, if the application is approved. c. Project compliance with all City codes, ordinances and policies. d. Quality job and wage creation requirements of at least 50 new jobs at a minimum hourly wage of $18.00. e. Peak electric demand greater than 50kW per month. 3