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C. PUBLIC FACILITY AND INFRASTRUCTURE PROJECTS <br />When abatement is being utilized to finance public facility and <br />infrastructure projects, as opposed to those oriented toward private <br />business and development objectives, the following process will be <br />adhered to: <br />1. The EDA will recommend the preliminary use of tax abatement <br />financing for a particular facility/infrastructure project. A <br />formal application, deposit agreement, and application worksheet <br />will not be required. <br />2. If preliminary approval is granted, all necessary notices, <br />resolutions and certificates are prepared by city staff and/or <br />consultants. <br />3. If necessary, public hearing(s) on the proposed project are held. <br />4. The EDA grants final approval or denial of the proposal. <br />8 <br />