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<br /> 8 <br /> <br />C. PUBLIC FACILITY AND INFRASTRUCTURE PROJECTS <br /> When tax abatement rebate assistance is being utilized to finance public facility and infrastructure projects, as opposed to those oriented toward private business and development objectives, the following process will be adhered to: 1. The EDA will recommend the preliminary use of tax abatement rebate financing for a particular facility/infrastructure project. A formal application, deposit agreement, and application worksheet will not be required. 2. If preliminary approval is granted, all necessary notices, resolutions and certificates are prepared by city staff and/or consultants. 3. If necessary, public hearing(s) on the proposed project are held. 4. The EDA grants final approval or denial of the proposal. <br /> <br />Item 06A M.V. Tax Rebate Policy 7.18.03 Draft.doc