(a) The City, as a matter of policy, does not allow applications for both community reinvestment area and enterprise zone programs to be considered at the same time. Any business enterprise that would like to apply for both programs shall apply to one or the other. If applications are received for both programs, the enterprise must choose which program to negotiate first. In no case shall negotiations be entertained on both programs at the same time, nor shall a tax incentive be allowed under both programs for the same business that is not a separate expansion.
(b) A copy of this section shall be passed to the County Commissioners with a request that the County adopt the same or similar legislation, thereby preventing such programs from being negotiated at the same time.
(Res. 216-98. Passed 9-3-98.)