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8. The HRA Commissioners will approve,deny,or request a resubmission of any <br /> application submitted under this policy. <br /> MICROLOAN POLICY REVIEW <br /> The above criteria will be reviewed on an annual basis to ensure that the policies reflected in this <br /> document are consistent with the economic development goals set forth by the city. <br /> RIGHT OF REFUSAL <br /> The HRA may deny any application if it is found not consistent with the goals of the city's <br /> Comprehensive Plan and Housing and Redevelopment Authority Strategic Plan,or Mississippi <br /> Connections Plan and in relation to the project's overall impact on the community's economy. <br /> PREFERRED SCORE: <br /> Precedence will be placed on applications which meet a"preferred"score of 75 or more.To fulfill <br /> this requirement of reviewing applications in an objective and fair manner,the following criteria <br /> have been assigned maximum point values in order to systematically award loans. All assigned <br /> scores will be relative to scores awarded to other applications. <br /> 5 <br /> 498470v2 JSB EL185-13 <br />