Once the Application (click here) has been received and vetted for completeness, the Economic Development Office will prepare an impact analysis for the improvement(s) to present to City Council. The City Council will meet in Closed Session (private) following their next scheduled Regular Meeting to discuss the request and determine whether they would like to approve a grant or not. The Economic Development Office will contact the applicant to provide a response and to proceed with drafting an agreement for both parties to sign. This process can take an average of 2 – 4 weeks and should be completed prior to the start of any construction or enhancement on the Property.
All grant applications shall be considered and negotiated on a case-by-case basis. Specific consideration will be given to projects which further the goals and objectives of the community or are located in areas of preferred improvement; namely along major transportation corridors. Nothing within the BIG Program Policy, nor any previously-issued agreement shall imply or suggest that the City is under any obligation to provide financial incentives at any time to any applicant.