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The city's Economic Development Advisory Committee has reviewed this project. <br />The committee recommended supporting the project, since it met the necessary <br />subsidy criteria, building standards and zoning codes. <br />A public hearing was held earlier tonight during the meeting of the Economic <br />Development Authority (EDA). The city also considers and acts on any business <br />subsidy approved by the EDA. <br />OPTIONS: <br />1. Approve the business subsidy as outlined in the development agreement <br />to Panattoni Development, LLC <br />2. Return to staff for further consideration. <br />RECOMMENDATION: <br />Option 1 <br />