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6.) City to embody new process and point system into TIF approval policy.what the final <br />components and process might look like <br />TIF Assessment Components and Process <br />City Management Information <br />(Identified outside any project proposal) <br />City development goals <br />Prioritized and weighted <br />City financial goals <br />Prioritized and weighted <br />TIF Budget and plan <br />TIF Assessment Worksheet <br />TIF Assessment Process <br />(The 3 steps of the worksheet done for each project) <br />Initial project screening <br />Passes City's subsidy criteria? <br />TIF regulatory qualification? <br />City has TIF capacity? <br />Long -term screening <br />Long term benefits to City? <br />Long term viability of partner? <br />TIF assessment <br />How well does project rank? EDC recommendation? <br />Matches well enough to continue <br />Matches well enough to continue <br />TIF assessment <br />City Council approval? <br />Ranks well enough to recommend to City Council <br />Page 6 of 6 <br />