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Eof <br /> lk Request for Action <br /> ,.i-ve,r <br /> To Item Number <br /> Economic Development uthonity Finance Committee 4.2 <br /> Agenda Section Meeting Date Prepared by <br /> General BusinessJanuary 31, 2017 Amanda Othoudt,EDD <br /> Item Description Reviewed by <br /> EDA Financial Policy Annual Review Cal Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Consider the changes made to the EDA jobs Incentive Microloan Fund Program Policy. <br /> Background/Discussion <br /> Staff,in conjunction with our attorney and financial advisor,reviewed and revised the EDA loan <br /> programs and policies based on discussions from the April 26 meeting. <br /> Changes to the Microloan Policy include the following: <br /> 1. Created a separate Policy for the jobs Incentive Microloan program which was seeded by former <br /> State MIF funds. <br /> 2. Added scoresheet <br /> Financial Impact <br /> None <br /> Attachments <br /> ■ jobs Incentive Microloan Program Policy <br />