The City Council has deemed it to be in the best interest of
the residents of the City and in furtherance of their health, safety,
and welfare to promote economic development and redevelopment within
the City of Harrington. In order to promote development and redevelopment,
the City Council has determined that incentives should be made available
to qualifying persons and businesses.
As used in this chapter, the following terms shall have the
meanings indicated:
INCENTIVE BENEFICIARY
The person or entity that has applied for and been approved
to receive economic incentives made available under this chapter.
Any individual who owns 50% or more of an entity that has been approved
for economic incentives under this chapter shall also be identified
as an incentive beneficiary.
SPECIFIC ECONOMIC DEVELOPMENT INCENTIVE PROGRAM (SEDIP)
Any incentive program that the City Council has ordained
to be made available to qualifying applicants. Each program may incorporate
any of the economic incentives identified in this chapter, subject
to any unique terms and conditions as City Council may deem appropriate.
The City Manager and/or his/her designee shall develop the administrative
procedures necessary to implement any SEDIP available under this chapter.
The City Manager and/or his/her designee shall promulgate reasonable
standards to be used in determining whether an applicant is eligible
for economic incentives under the particular SEDIP being applied for
in accordance with this chapter and the specific terms and conditions
of the SEDIP. The City Manager and/or his/her designee shall be responsible
for auditing the incentive beneficiary as required. Revocation of
eligibility shall be determined by the City Manager.
Any applicant denied eligibility or who is subject to revocation
of eligibility may appeal the decision to the City Council within
30 days from the receipt of notice of denial or revocation of eligibility.
The appeal shall be made by filing a written request with the Clerk
of Council.