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G. The proposal's contribution to the diversity of jobs or <br />employment opportunities within the City; <br />H. Whether the proposal brings a value added result to the City <br />or a development within the City (for example, by moving the company's <br />corporate headquarters to the City); <br />I. The amount of the enhanced assistance as a percentage of <br />new revenue anticipated to be created by the proposal (for example, by <br />relocation of the company to the City); <br />J. The conformance of the applicant's property or project with <br />the comprehensive plan and zoning ordinances of the City; and <br />K. Whether a proposed agreement required by section 3.25.080 <br />has been reached, which agreement shall contain and conform to all <br />requirements of said section 3.25.080. <br />Sec. 3.25.080. Agreement with City; required contents. <br />Each application for inclusion in the EAP submitted to the City shall <br />be considered solely on its own merits. Approval of an application shall <br />require that an agreement be executed by the applicant and the City, which <br />agreement shall, at a minimum, contain: <br />A. The maximum amount of enhanced assistance, the timing of <br />payment of any enhanced assistance, and the maximum time during which <br />the agreement shall continue, it being expressly understood that any such <br />agreement shall expire and be of no further force and effect upon the <br />occurrence of the earlier to be reached of the maximum time of the <br />agreement (whether or not the maximum amount of enhanced assistance <br />has been reached) or the maximum amount of enhanced assistance <br />(whether or not the maximum time set forth has expired); <br />B. A statement that the agreement is a personal agreement <br />which does not run with the land; <br />C. A statement that the agreement shall never constitute a multi- <br />year fiscal obligation, debt or other obligation of the City within the meaning <br />of any constitutional or statutory provision; <br />D. A provision that, in the event the applicant, and/or its <br />successors and assigns, ceases business operations in the City within five <br />(5) years after the certificate of occupancy has been received or the <br />qualified expansion was completed for the business location, the applicant, <br />Ordinance No. 1888, Series 2024 <br />Page 6 of 8 <br />