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<br />(c) Review. Upon receipt of a completed application, <br />the information submitted will be reviewed by the City <br />Manager for completeness and accuracy. The City Manager will <br />then distribute the application to the appropriate department <br />heads for internal review and comments. Following staff <br />review, copies of the complete application package and staff <br />comments will be provided to the City Council and to other <br />taxing units that may be willing to participate in offering <br />tax abatement incentives. Generally, the City Council, staff <br />and other taxing entities will discuss the proposed <br />application at a work session prior to its formal <br />consideration by the Council. Following the work session, <br />the City Manager may be requested to obtain other information <br />prior to further consideration of the application. <br /> <br />At a subsequent regular City Council meeting, the <br />appl icat ion for any tax aba tement incent i ve may be <br />considered. The City will comply with certain required <br />public notice and hearings as mandated by state law under the <br />Act prior to the designation of a Reinvestment Zone and <br />execution of an Agreement. Prior to final approval, all <br />legal documents to effect such Reinvestment Zone(s) and <br />Agreements shall be approved by the City Attorney. <br /> <br />5. CONFIDENTIALITY OF PROPRIETARY INFORMATION <br /> <br />Information that is provided to a taxing unit in <br />connection with an application or request for tax abatement <br />under these Guidelines that describes the specific processes <br />or business activities to be conducted or the equipment or <br />other property to be located on the property for which tax <br />abatement is sought is confidential and not subject to public <br />disclosure until the Agreement is executed. Information in <br />the custody of the City after the Agreement is executed is <br />not confidential under these Guidelines. <br /> <br />6. TERMS OF AGREEMENT <br /> <br />After approval of a request for tax abatement, the City <br />shall formally pass an ordinance and execute an Agreement <br />with the owner of the facility and/or lessee as required <br />which shall include, but not be limited to, the following <br />terms: <br />(a) Description of the type of Abatement to be provided <br />and its duration; <br /> <br />GUIDELINES & CRITERIA - Page 5 <br />