A. Use Of Fund: Salt Lake City Corporation uses the Revolving Loan Fund to promote employment opportunities and commercial enterprise within its corporate boundaries.
B. Projects Located Within City; Exception: To obtain a loan through the Revolving Loan Fund, proposed loan projects must generally be within the corporate limits of Salt Lake City. The fund can be used, however, to assist business relocation into the City where the revitalization and preservation of residential neighborhoods and/or job creation can be demonstrated.
C. Administrative Department: The Department of Community and Economic Development administers the Revolving Loan Fund and tracks the projects participating in the Revolving Loan Fund Program. (2019 Compilation)