§ 4.105.070. Acceptance of applications.

Upon receipt of an application containing all required information, agreements and undertakings, the city council shall at such time as is deemed convenient by it, review such application and the agreement and any staff recommendations with respect thereto, in accordance with the procedures set forth in the rules and regulations. If the city council chooses to approve any application and agreement, it shall adopt a resolution in which it:

A.

Finds and determines that the proposed project described in the application and agreement:

1.

Promotes the long-term employment of residents of the city and/or will prevent blight and significantly contribute to the maintenance, growth or expansion of the economic base of the city,

2.

Constitutes a valid exercise of the police powers of the city, and serves a public purpose in which the city has a peculiar and unique interest,

3.

Substantially relates to a municipal affair of the city;

B.

Accepts and approves such application and agreement and the participation of the city in such project, subject to the provisions of this chapter, the rules and regulations, and the conclusion of all proceedings undertaken to consummate such participation to the satisfaction of the city.

(Ord. 6532 § 10, 1993: Ord. 6374 § 1 (part), 1990)