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07-20-10 EDC Meeting
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07-20-10 EDC Meeting
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9/30/2016 11:09:19 AM
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City of , Minnesota <br /> F. APPLICATION PROCESS <br /> 1. Applicant submits the completed application along with a nonrefundable initial <br /> application fee of$500. <br /> a. City staff reviews the application and completes the Application Review <br /> Worksheet. <br /> b. Results of the Worksheet are submitted to the appropriate governing <br /> authorities for preliminary approval of the proposal. <br /> 2. If preliminary approval is granted, the applicant submits the final application fee of <br /> $5,500 and the Tax Increment Financing Plan, along with all necessary notices, <br /> resolutions and certificates are prepared by City staff and/or consultants. <br /> a. Notices are published and sent to the county and school board <br /> b Public hearing(s) on the proposed project are held. <br /> c. The City Council grants final approval or denial of the proposal. <br /> Page 11 <br />
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