EDA TIF Policy (1997)EDA Policy Regarding Applications for Projects Requesting Tax Increment
Financing Assistance
For applications the EDA receives requesting consideration of public assistance through
tax increment or other financing, an application fee of $15,000 will be charged. The
application fee will be used by the EDA to cover the costs incurred by the EDA in using
economic development consultants, attorneys and other specialists in reviewing and
analyzing, the application, preparing a development agreement and other functions
necessary to proceed with the project.
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