A. Any person may propose a redevelopment or development project. Each such proposal shall be submitted to the city manager for study and review and shall contain at a minimum the following information: a statement concerning the manner in which the project will lead to redevelopment or development of the project area, a statement concerning the specific manner in which the purposes of this chapter will be served, the estimated itemized total project cost, the proposed method of financing the project, including any proposed expenditures by the city which the project may require and any proposed use of the city's corporate powers which the project may require.
B. After study and review by the city manager, the proposal shall be submitted to the city council. The city council may reject or designate in whole or in part any such project as a redevelopment or development project. (Ord. 2013-20)