The City will not approve an enterprise zone agreement with respect to private business investment in a project that would be carried out by the company in any event. Prior to authorization of an enterprise zone agreement, a company must demonstrate to the satisfaction of the City that enterprise zone agreement assistance is needed and is necessary to enable the company to agree to the private business investment and job maintenance and/or creation in the enterprise zone agreement and to enable such agreed project to proceed.
(Ord. 93-183. Passed 7-6-93.)