(A) Ten copies of the application for development incentives shall be submitted to the Mayor’s Office, which shall coordinate an interdepartmental analysis of each application.
(B) At the time of submission of the application, the applicant shall pay a $2,500 non-refundable application fee. If reasonably necessary, additional funds may be requested by the city and must be paid by the applicant.
(C) After the application and fee are submitted, city staff shall arrange an initial conference with the applicant and appropriate city staff, for the purpose of reviewing the application for conformity with city policies. The city staff shall use its best efforts to review the application and conduct the initial conference within 30 days following payment of the application fee.
(D) If at any time during the application process city staff requests additional information, the applicant shall provide any and all supplemental information requested.
(E) After analysis of an application as supplemented, city staff, under the direction of the Mayor’s office, may prepare a report including recommendations relating to the development incentive and an analysis of the fiscal impact of the business facility and its effects on the city. The report may provide a recommended disposition of the application, including any recommendation on the term of the commercial personal property tax exemption, and any additional requirements that shall be placed on the applicant/business facility. The report shall also make recommendations for community protection, including the requirement for a “clawback”, i.e. a pro-rata repayment of the abated/exempted personal property taxes, depending on the amount of time elapsed from the date of passage of the implementing legislation to the date of closure of the facility. The city shall use its best efforts to complete the analysis and report concerning the application within 90 days following the initial application conference.
(F) If the application meets the qualifications provided herein as determined by city staff, the application, along with any report and recommendations by city staff, shall be presented by the applicant/business facility to the Commission, and thereafter to the City Council, along with appropriate implementing legislation. The Commission shall recommend to the Council approval, conditional approval or disapproval of a development incentive submitted for its review.
(Ord. 35-2004)