The following are eligible projects.
(A) Loans for acquisition and assembly of land for industrial or commercial use.
(B) Loans for acquisition of properties with redevelopment potential for industrial and commercial use.
(C) Loans for the acquisition and related costs of machinery and equipment.
(D) Loans for the start-up or expansion of industries in the county.
(E) Loans for the rehabilitation and renovation of usable vacant buildings for specific industrial or commercial industries.
(F) Loans or combination loans/grants for the acquisition of land, construction of new facilities, and/or rehabilitation of existing buildings for public use by government agencies or institutions.
(G) The City Council may vote to fund the activities of the Crittenden County Economic Development Corporation with revolving loan fund proceeds.
(Ord. 87-27, passed 6-29-87; Am. Ord. 07-10, passed 11-19-07; Am. Ord. 14-06, passed 8-18-14)