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supplied by the applicant or its consultants shall become the property of the City. No assurances of approval are implied or possible through the application or review process. }� . The City sha11 be reimbursed by the applicant for all costs incurred by the City in the preparation and review of the proposal. The applicant shall depositwith the City a non- refundable administrative/application fee in the amount of $5,000 and as requested by the City Council. Prior to final approval of the tax subsidy, the City Finance Director shall certify any additional costs not covered by the administrative or applicationfees, which sha11 be paid to the City prior to final approvals by the City. No construction shall be done prior to final approval of the tax increment subsidy plan. L� �. The City reserves the right to deny any application for financing at any stage of the tax increment review or hearings prior to the adoption of the final approval authorizing the issuance of the loan. The City reserves the right to select a third party to assist in the management of the tax subsidy process. Proposals shall include a description of all direct and indirect service and improvement costs to the City, School District, and County caused by this project. APPENDIX 2. Tax Increment Term. The maYimum term of use to collecttax increment subsidies sha11 be limited, unless e�ended by City Council to protect community interests, as follows: 1. Low — Moderate Income Housing 2. Redevelopment -blighted areas 3 . All Other Uses 4. Subdistrictsfor Hazardous Substances APPENDIX 3. Tax Increment Application Process. 20 years increment 12years increment l0years increment Only the years needed to pay for cleanup Applications requesting use of tax increment financing subsidies shall be accompanied by the followingwithout exception: Q C Statement of public purposes as described in Sections 1, 2, and 3, (above) and benefits to citizens and community. Description of the proj ect; the proj ect construction value; and estimated net, new taxes; the number of permanent, net new j obs to be created; and the estimated arnnaal wages of the new j obs. Page 7 City of Roseville Tax Increment Policy ADOPTED 9/09/96, Amended and Restated 2�10/97, Reprinted �rame 1999