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4 .. <br /> proposal will be evaluated to determine whether the investment by <br /> the City will provide an adequate return to the community and <br /> whether or not any risks on the part of the City have been <br /> mitigated to the greatest degree possible . 1111 <br /> As it relates to economic development incentives or assistance, <br /> the following goals will guide to review and consideration of <br /> le'.'eloapment proposals requesting such assistance . <br /> l . If requesting Industrial Development Bond assistance , <br /> complies with the guidelines established by Resolution <br /> No. 1847; and applicable federal and state laws. <br /> 2 . If requesti.nc Tax Increment assistance , complies with <br /> the cu ide 1 ines established by Resolution No. 1848, and <br /> applicable t ,de•ral and state law. <br /> ? . it no time creat ; a debt of the City guaranteed by its <br /> full faith and credit exceeding 25 years . <br /> ` . Provides .adequate assurances , guarantees, and/or <br /> security to mitigate any and all risks which may become <br /> a future obligation of the City . <br /> 3 . Prc vides an and <br /> te a <br /> adecu <br /> " �•' reasonable rate of return in <br /> increased tax base, lobs, , etc . on the City ' s invest- <br /> ment . nvest- <br /> ment . <br /> iii0 <br /> • <br /> • <br /> F_'J <br />