Laserfiche WebLink
-2- <br />Whether the fair market rental value for general purposes (note solely <br />for the applicant's purpose) is equal to the annual principal and interest <br />as they will become due during the life.-of the issue and whether the <br />appraised value is equal to the principal amount of the note or bonds to <br />be issued,. <br />Whether total aggregate amunt of 1 9 ndustrial development bonds and/or <br />exeMDt mortga es outstanding at any one time shall not exceed 5% of the <br />total assessed (taxable) valuation of the City. <br />Section 5. Application Requi_rements: At least 20 days prior to the Council <br />_�:dopfl_n__g__a re`s'oTu_t_iw_on setting the_npublic hearing date on the proposed project and <br />any Council action adopting a preliminary resolution, the applicant shall supply <br />to the City and its authorized agents, together with an executed copy of the City's <br />application form the following. <br />A statement as to the environmental impact, effect on surrounding properties, <br />and any other similar or Pertinent comments, <br />A stAtement that the applicant agrees to pay all costs incurred by the City <br />and its agents in processing the application if not covered by the sum <br />Previously deposited with the City, <br />