| (5) Established an ongoing board of directors, with | associated committees; |
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| (6) Provided an adequate operating budget; |
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| (7) Hired a professional downtown manager; |
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| (8) Established an ongoing training program for staff | and volunteers; |
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| (9) Developed the capacity to report on the progress of | the downtown program; and |
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| (10) Established the ability and willingness to support | integrated marketing efforts for retailers, services, | activities and events. |
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| | 4. Criteria; conditions for public service infrastructure | grants and loans. The Department of Economic and Community | Development, in conjunction with the bank, shall develop criteria | and conditions for the award of public service infrastructure | loans and grants to eligible municipalities after consultation | with the Municipal Capital Investment Advisory Commission and | subject to the requirements of this section. The department | shall: |
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| A. Give priority to those municipalities that are | experiencing rapid growth and possess a public service | infrastructure inadequate to accommodate that growth; |
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| B. Establish a preference for those municipalities eligible | under subsection 3, paragraph D, subparagraph (1) over those | municipalities eligible under subsection 3, paragraph D, | subparagraph (2); |
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| C. Establish a preference for those municipalities with | higher local property tax burdens. The comparative local | property tax burden must be determined under section 5681; |
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| D. Establish a preference for capital investment projects | undertaken jointly by 2 or more municipalities or that | provide substantial regional benefits; |
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| E. Adopt other criteria as it determines necessary to | ensure that loans and grants made under this section | maximize the ability of municipalities to accommodate | planned growth and economic development; and |
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