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ECONOMIC DEVELOPMENT ADVISORY COMMITTEE <br />AGENDA ITEM 3A <br />STAFF ORIGINATOR: Michael Grochala <br />EDAC MEETING DATE: December 7, 2017 <br />REQUEST: Incentive Policy Update <br />BACKGROUND <br />Over the past two months the board has been discussing modifications to the City's Tax <br />Abatement and Tax Increment Financing policies. The two documents have been merged and <br />updated. A revised document is attached along with a draft application and project scoring sheet. <br />These documents will need to be updated once the policy is completed. <br />EDAC CONSIDERATION <br />Staff is requesting EDAC discussion and recommendation regarding the proposed policy <br />changes. <br />ATTACHMENTS <br />1. Draft Financial Incentive Policy <br />