(a) Application fee. Any applicant under this subchapter shall submit a nonrefundable application fee with the completed application form in the amount of $2,500.
(b) Payment processing and administration fee. A processing and administrative fee of $250 per reimbursement payment made during the reimbursement period shall be recovered by the city of
Sioux Falls from the tax incremental district revenue reimbursement.
(c) All direct costs incurred by the city in the evaluation of an application under this subchapter shall be reimbursed by the applicant in a timeframe established by the city.
(Ord. 64-13, passed 10-15-2013)