Upon this chapter becoming effective, the City Clerk shall publish in a newspaper of general circulation within the city, a notice setting forth substantially the following:
(A) That the city has duly adopted and approved this chapter seeking to promote industrial growth within the city so as to encourage increasing long-term employment for residents thereof;
(B) That on and after the effective date of this chapter, the city will accept applications on forms approved by the city from companies interested in entering into project agreements for the financing of facilities hereunder; and
(C) That the city will review such applications and determine the feasibility of each project so submitted, and will undertake to commence the financing thereof as soon as practicable.
(1995 Code, § 12.04.060)