It is declared to be the public policy of the village to favorably consider the issuance of industrial revenue bonds to qualified industries whose project proposals meet the requirements of these guidelines, applicable ordinances of the village, relevant federal and state statutes and regulations and the State Constitution. In reaching a decision with respect to whether a particular project qualifies for assistance hereunder and whether or not to authorize tax exempt financing for a project, the Board of Trustees, whose determination shall be conclusive, will duly consider and evaluate each project proposal in light of guidelines and criteria established in this section.
(Prior Code, § 8-101)