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Exhibit-ACITY OF LINO LAKES <br />LINO LAKES ECONOMIC DEVELOPMENT AUTHORITY <br />BUSINESS SUBSIDY CRITERIA <br />(Revised June 23, 2003 , 2016) <br />Section 1. Purpose; Statutory Compliance <br />1.01 The purpose of this document is to establish the criteria to be considered by the <br />cityCity of Lino Lakes (the "City") and the Lino Lakes Economic Development <br />Authority (the "EDA") in processing, evaluating and reviewing requests for <br />business subsidies. It is the intent of the City and the EDA in adopting these revised <br />criteria to comply with Minnesota Statutes, Sections 116J.993 through 116J.995 <br />(the ""Business Subsidy Act'"'). The City and the EDA hereby adopts the <br />definitions contained in the Business Subsidy Act for application in the criteria. <br />1.02. Business subsidy criteria were adopted by the City on July 23, 20042001, revised <br />on June 23, 2003 and are hereby revised. The City haafurther revised. The Board <br />of the EDA adopted the revised business subsidy criteria on the date hereof. The <br />City and the EDA have the option to amend these criteria again in the future if <br />doing so is determined necessary or appropriate. Amendments to these criteria are <br />subject to the public hearing requirements of the Business Subsidy Act. <br />1.03. These criteria are intended to set specific minimum requirements which recipients <br />must meet to be eligible to receive business subsidies. TheNeither the City nor the <br />EDA will net adopt business subsidy criteria on a case by case basis. <br />1.04. In accordance with the Business Subsidy Act, all business subsidy requests must <br />comply with the Business Subsidy Act and other applicable Minnesota statutes. <br />The City's and the EDA's ability to grant business subsidies is subject to the <br />limitations established in the Business Subsidy Act. <br />Section 2. Goals -and Objectives. and Requirements <br />2.01 It is the City's and the EDA's intent to advance the following goals and objectives <br />in granting business subsidies: <br />(a) Projects must be consistent with Lino Lakes'City's comprehensive plan <br />and any other similar plan or guide for development of the community. <br />(b) <br />Business subsidies will not be provided fertt projects which have the <br />financial feasibility to proceed without a public subsidy. <br />(c) Potential2.02 When applying for a business subsidy, potential <br />recipients will be required to provide such studies, reports, appraisals, financial <br />information or other data as may be requested by the City or the EDA prior to <br />consideration of a request for a business subsidy. <br />RHB 232656v 1 <br />LN110-14 <br />Error! Bookmark not defined, <br />1 <br />