In order to qualify for assistance, an applicant and a project must comply with the following criteria:
(a) the Application must contain the information required by this article in such a form as the Administrator shall reasonably require;
(b) the project must comply with at least one of the following criteria: (i) the Project complies with the requirements outlined in Section III of the city's Amended and Restated Criteria and Guidelines for Tax Abatement; or (ii) the Project is specifically determined by resolution of the City Council to bring benefit to the city consistent with Section 33-8 of this article; and
(c) the Project must comply with at least one of the following criteria: (i) the Project is qualified as a target industry according to the Amended and Restated Criteria and Guidelines for Tax Abatement; or (ii) the Project will make a unique or unequaled contribution to development or redevelopment efforts in the city due to its magnitude, significance to the community or aesthetic quality; or (iii) the Project will enhance the city's fiscal ability to provide high quality municipal services for the safety, comfort and enjoyment of city residents; or (iv) the Project provides for low-income housing in accordance with state or federal guidelines and/or program; and
(d) The revenue or the public benefit expected to be realized by the city and attributable to the Project is commensurate with the value of the Assistance to be provided.and