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ORDINANCE NO. 90-3-1 <br /> ORDINANCE BEFORE THE CITY COUNCIL <br /> OF THE CITY OF BATESVILLE <br /> AN ORDINANCE ESTABLISHING THE <br /> BATESVILLE ECONOMIC DEVELOPEMENT GRANT <br /> PROGRAM AND FOR OTHER PURPOSES <br /> WHEREAS, the Seventy Seventh General Assembly has passed Act <br /> 405 authorizing cities to establish an economic development <br /> grant program, and; <br /> WHEREAS , the City is desirous of providing financial <br /> support through a City Economic Development Grant Program to <br /> organizations qualified to carry out economic development , now; <br /> BE IT THEREFORE ORDAINED , that the following procedures , <br /> rules and regulations shall govern the application for and awards <br /> of Economic Development Grants from the general funds of the <br /> City of Batesville, to wit : <br /> 1 . GOALS AND OBJECTIVES OF THE CITY. The objective of the <br /> Batesville Economic Development Grant Program is to award grants <br /> to non-profit corporations to encourage the location, relocation, <br /> creation or development of environmentally safe business , <br /> industry, manufacturing facilities , transportation facilities or <br /> other economic units which create jobs , employ people or <br /> generally promote economic activity . <br /> 2 . APPLICATIONS. The Mayor of the City of Batesville is <br /> authorized to promulgate standard forms that will be used by <br /> applicants applying for Batesville Economic Development Grants . <br /> The applications will be available at City Hall during normal <br /> business hours . All applications for Economic Development <br /> Grants must contain the following information to be considered by <br /> the City : <br />