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<br />. <br /> <br />. <br /> <br />. <br /> <br />... <br /> <br />Exhibit A <br /> <br />I. <br /> <br />Purpose <br /> <br />This document includes the criteria to be considered by the City of Arden Hills Economic <br />Development Authority (EDA) to evaluate requests for business subsidies. It is the intent <br />of the EDA in adopting these criteria to comply with Minnesota Statutes, Sections <br />116J993-116J995 (the "Act"). The EDA hereby adopts the definitions contained in the <br />Act for application in the criteria, Statutory exemptions from business subsidy <br />requirements and this policy are outlined in Appendix I. <br /> <br />II. Community Goals <br /> <br />A. To retain employment opportunities. <br />B. To expand employment opportunities. <br />e. To strengthen the tax base. <br />D, To enhance economic diversity and mix of business, <br />E, To promote community stability and the public health, safety and welfare. <br /> <br />III. Public Purpose and Objectives <br /> <br />A. To stabilize the community by: <br /> <br />1. <br />2. <br />3. <br />4. <br />5. <br />6. <br /> <br />Removing hazards; <br />Removing blight; <br />Removing non-conforming uses; <br />Cleaning up contaminated properties; <br />Rehabilitating deteriorated properties; <br />Redeveloping blighted, economically depressed or contaminated <br />properties. <br /> <br />B, To enhance economic diversity by: <br /> <br />1. Improving the mix of businesses providing essential goods and services, <br />2. Facilitating business growth opportunities through renovation and <br />expansIOn. <br /> <br />e. To retain businesses and jobs where loss is imminent and demonstrable. <br /> <br />D. To expand employment opportunities by: <br /> <br />1. Increasing the number of jobs, <br />2. Improving the mix and diversity of jobs, <br />3. Creating jobs providing livable wages. <br />4. Preferring jobs with reasonable fringe benefits. <br />5, Structuring jobs with laddered wages, <br /> <br />E. <br /> <br />To strengthen the tax base by: <br />