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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 />returned to the applicant. The applicantand must provide a letter of commitment <br />for 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 />law should be so designated or marked by the applicant. See Minn. Stat. Sections <br />13.59, Subd. 1, respectively. <br /> <br />4. The application will be reviewed to determine conformity to all City policies and <br />Formatted: List Paragraph, No bullets or <br />ordinances and to consider the following: <br />a. The availability and applicability of other governmental grants and/or <br />numbering, Allow hanging punctuation, Adjust <br />microloan programs. <br />space between Latin and Asian text, Adjust <br />b. Whether the proposed project will result in conformance with building <br />and zoning codes. <br />space between Asian text and numbers, Font <br />bc. Whether it is desirous and in the best interests of the public to provide <br />Alignment: Auto <br />incentives and/or funding for the project. <br /> <br />Formatted: Indent: Left: 0.75", No bullets or <br />5. The Joint Finance Committee of the EDA and EDA Commissioners will review <br />each application for compliance with the City’s Comprehensive Plan, Economic <br />numbering <br />Development Strategic Plan and the goals, requirements and intent of this policy. <br /> <br />The Joint Finance Committee EDA Finance CommitteeEDA will also evaluate <br />the project application in terms of the following: <br />a. Project Design - Evaluation of project design willto include review of <br />proposed activities, time lines and a capacity to implement the project. <br />b. Letter of Commitment from applicant pledging to complete the project <br />during proposed project duration, if the application is approved. <br />c. Project compliance with all City codes, ordinances and policies. <br />d. Quality job and wage creation requirements. of at least fifty (50) new jobs <br />Comment \[OA8\]: Jobs/Wages <br />at a minimum hourly wage of $18.00. <br />e. Peak electric demand greater than 50kW per month. <br />f. Located within the eligible ERMU area. <br /> <br /> <br /> <br /> <br />4 <br />