Source: https://ecode360.com/11066324
Timestamp: 2020-07-05 04:30:36
Document Index: 714242926

Matched Legal Cases: ['§ 230', '§ 230', '§ 230', '§ 230', '§ 230', '§ 230', '§ 230']

City of Middletown, NY Economic Development
Ch 230 Art I Economic Development Department
§ 230-1 Creation.
§ 230-2 Director.
§ 230-3 Term of office of Director; residency.
§ 230-4 Approval by Common Council.
§ 230-5 Appointment of subordinates; expenditures.
§ 230-6 Duties of Director.
Ch 230 Art II Economic Development Fees
§ 230-7 Fees for businesses seeking financial assistance.
Chapter 230 Economic Development
Business improvement districts — See Ch. 203.
Article I Economic Development Department
Article II Economic Development Fees
[Adopted 1-2-1986 (Ch. 29B, Art. I of the 1971 Code)]
There is hereby created in the City of Middletown a department to be known as the "Economic Development Department."
There shall be appointed by the Mayor a Director of Economic and Community Development, who shall be head of the Economic Development Department. He shall have qualifications as set forth by the Civil Service Commission.
The Director shall hold office during the pleasure of the Mayor and shall be an annual appointment and may be either a resident or nonresident of the City.
The appointment of the Director of the Economic Development Department shall be submitted to the Common Council for approval annually.
The Director may appoint such subordinates and may incur such expenses as are provided by the United States Department of Housing and Urban Development, or as provided for by the Board of Estimate and approved by the Common Council in accordance with the laws, rules, policies and requirements established by the United States Department of Housing and Urban Development and the City of Middletown.
The Director of the Economic Development Department shall perform such duties as may be required by the Mayor and shall have responsible charge of community economic development and have responsible charge of administration of the Federal Code Enforcement Project for the City of Middletown.
[Adopted 11-10-1986 (Ch. 29B, Art. II of the 1971 Code)]
Fees as set forth in this article shall be applied to cover the administrative time spent in the preparation of applications.
CDBG small business loan application fee (loan not to exceed $25,000):
Loans under $12,500: $25.
Loans from $12,500 to $25,000: $50.
SBA (Small Business Administration):
Loans under $100,000: $75.
Loans between $100,000 and $250,000: $100.
Loans in excess of $250,000: $150.
JDA (New York Job Development Authority):
Loans from $100,000 to $250,000: $100.
Loans over $250,000: $150.
UDAG (Urban Development Action Grant):
Under $250,000: $150.
Between $250,000 and $500,000: $250.
Over $500,000: $350.
Under $500,000: $250.
CDBG rental rehabilitation applications (loans): all rental rehabilitation applications: $10.
CDBG housing grant/deferred loans: no fee, low-income applicants.
Other resource programs (as applicable):
Under $100,000: $75.
From $100,000 to $250,000: $100.
From $250,000 to $500,000: $150.
From $500,000 and up: $350.