Except those donations that qualify as exempt pursuant to section 2-4-7 of this chapter, a study shall be performed before notice of the public hearing is given and shall be made available at the City for review by interested parties at least fourteen (14) days immediately prior to the public hearing, setting forth an analysis and demonstrating the purpose for the appropriation. In making the study, the following factors shall be considered:
A. What identified benefit the City will receive in return for any money or resources appropriated;
B. The City's purpose for the appropriation, including an analysis of the way the appropriation will be used to enhance the safety, health, prosperity, moral well being, peace, order, comfort, or convenience of the inhabitants of the City; and
C. Whether the appropriation is necessary and appropriate to accomplish the reasonable goals and objectives of the City in the area of economic development, job creation, affordable housing, blight elimination, job preservation, the preservation of historic structures and property, and any other public purpose. (Ord. 2019-08, 3-12-2019)