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Comment \[OA2\]: EDA Should Discuss <br /> Shall have a Calculated Economic Output of $10 million through Implan <br />Economic Output <br />software (information provided by Sherburne County). <br /> Completed project Project mmust generate a least $80,000 in total annual <br />Comment \[OA3\]: EDA Should discuss amount <br />property taxes. <br />of total annual property taxes <br /> Religious, political, and pornographic enterprises are not eligible. <br /> <br />3. Regulation for New Construction <br /> All buildings which public funds will be used for construction are toshall conform to <br />Ccity codes and ordinances and the state building codes. <br /> <br />4. Timing of Project Expenses <br /> No project shall commence without Ccity cCouncil approval of the application. Any <br />costs incurred prior to the approval of the application are not eligible expenditures. <br /> <br /> No building construction should shall commence until the all required permits are <br />secured. <br /> <br /> The applicant will shall be responsible for all legal, recording, and other fees payable <br />by a $2,000 processing fee, which is paid at the time of application. In addition to the <br />Comment \[OA4\]: Does the EDA Commission <br />processing fee, all legal and filing fees shall be paid by the applicant. <br />want to eliminate the application fee? Instead have <br /> <br />EDA Attorneys provide staff with blanket <br />5. Procedural Guidelines for Application and Approval <br />documents? <br />1. The applicant shall obtain information about the Energy Incentive Program and <br />application from the City. <br /> <br />2. The applicant shall complete and submit an application along with a $2,000 <br />processing fee. The fee covers processing expenses. Any remaining funds will be <br />Comment \[OA5\]: Does the Commission want to <br />returned to the applicant. The applicant must provide a letter of commitment for <br />eliminate the application fee? <br />constructing the project. <br /> <br />3. The EDA and the City are a governmental entities and must provide access to <br />public data received in accordance with the Minnesota Government Data <br />Practices Act, (Minnesota Statutes, Chapter 13 - ) (the “Minnesota Government <br />Data Practices Act (MGDPA”). <br /> <br />3. The information provided in an application to the EDA and the City will be <br />used to assess eligibility for financial assistance. The EDA and the City will not <br />be able to process an application without this information. The Minnesota <br />Government Data Practices ActMGDPA governs whether the information that <br />you are provideding to the EDA is public or private. If financial assistance is <br />provided for the project, the information submitted in connection with your <br />application will become public, except for those items protected under <br />Minnesota Statutes, Section 13.59, Subdivision 3(b) or Section 13.591, <br />Subdivision 2. Data deemed by the applicant to be nonpublic data under state <br /> <br /> <br /> <br />3 <br />Formatted: List Paragraph, No bullets or <br />numbering, Allow hanging punctuation, Adjust <br />space between Latin and Asian text, Adjust <br />space between Asian text and numbers, Font <br />Alignment: Auto <br />Formatted: Indent: Left: 0.75", No bullets or <br />numbering <br />