EDA Packet 03.20.18 - Laserfiche WebLink

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2. Funds already expended on eligible activities within six months of the date of application may be included in the request and approved by the CDA Board. h. Any CDA funded activities that are included in a MN Statutes Chapter 429 Assessment must be reimbursed to the Washington County CDA. V. Eligible Activities: a. The following activities are eligible for funding: i. Environmental studies (including wetland studies, EAW, EIS and AUAR studies, geotechnical, soil tests and feasibility studies) ii. Site planning and design (including land use studies) iii. Appraisals iv. Survey work v. Engineering studies including reports, drawings and water, sewer and storm water feasibility studies vi. TIF, Tax Abatement Analysis (i.e. TIF Plan) or other financial incentives planning vii. Other predevelopment activities as determined to be acceptable at the discretion of the CDA Board of Directors. b. It is anticipated that the above eligible activities will be aimed at development or redevelopment of a blighted property, underutilized property, creation or redevelopment of large acreage industrial/business park, and/or difficult to develop or contaminated sites. VI. Grant Distribution and Close Out: a. Contracts must be executed and invoices or proof of payment submitted to the CDA prior to release of any funds. b. At the end of the grant period the grantee must provide a final report to document: L All grant activities have been completed; ii. All funds received must have been expended; and iii. A description of the outcome and copy of the study or activity paid for by CDA funds. c. The Washington County CDA reserves the right to terminate the grant agreement if the proposed project is not making adequate progress. VII. Funding Priorities and Scoring System: a. If the application is complete and demonstrates compliance with the intent and the criteria of the program, applications will be reviewed and ranked in the order in which it was received based on the following competitive criteria: L Increase the Inventory of Commercial and Industrial Shovel Ready/Developable Properties. The application clearly demonstrates that development on the subject parcel(s) is not imminent, and also demonstrates that the request will allow development to occur that may not otherwise occur. [up to 20 Maximum Points] ii. Business Retention and Exi�ansion. The application clearly demonstrates that the request could allow for retention and/or expansion of existing business. [up to 10 Maximum Points]