Alamogordo |
Code of Ordinances |
Chapter 2. ADMINISTRATION |
Article 2-15. GROSS RECEIPTS INVESTMENT PROGRAM ("GRIP") |
§ 2-15-050. Application procedure.
(a)
All GRIP reimbursement requests shall be made in writing on a form prescribed by the city. The applicant must show that the reimbursement is a deciding factor in the decision to establish or expand the eligible entity in the city.
(b)
Prior to entering into a GRIP agreement, the city commission shall receive and consider a recommendation from the city manager, or designee, said recommendation being based on the factors listed in section 2-15-060.
(c)
If the GRIP application is approved, the commission shall-approve the agreement with the developer providing for the GRIP reimbursement payments by resolution.
(Ord. No. 1379, § 5, 10-12-10; Ord. No. 1561 , § 2, 1-30-18; Ord. No. 1571 , § 1, 7-17-18)