[Ord. No. 1471 §1, 11-10-2016]
The Board of Aldermen hereby establishes a Business Grant Program pursuant to Section 67.1305(10)(3)(b), RSMo., to provide grants to businesses within the City of Edmundson for job training, equipment acquisition, site development, and infrastructures as long as such projects fulfill the purposes of the statute and the economic development goals of the City of Edmundson.
[Ord. No. 1471 §2, 11-10-2016]
All grants shall be subject to appropriation by the Board of Aldermen and shall only be made from the Economic Development Sales Tax Fund.
[Ord. No. 1471 §3, 11-10-2016]
The Board hereby approves a policy to govern and implement the Business Grant Program. Such policy is attached hereto as Exhibit A and is incorporated herein as if fully set forth.
Editor's Note: Exhibit A is on file in the City offices.
[Ord. No. 1471 §4, 11-10-2016]
The Mayor is hereby authorized to approve a standard form application for use in the program and a standard form grant agreement.