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EDC's Review: <br /> The EDC is requested to review the project to see if this use meets the goals and objectives of the <br /> City for lot 1 and also if the request can meet the but for test in evaluating tax increment <br /> financing. I have attached a copy of the letter of request from Benson-Orth Associates for your <br /> review in addition to the completed real estate pro-forma. <br /> The company would like the request for development review and tax increment assistance to be <br /> presented to the Council/EDA at the March 3rd work session with hopes of final approval in <br /> March to enable spring construction. <br /> • <br />