(a) Applications are reviewed on a first-come, first-served basis in accord with rules and procedures adopted by the Town Board of Trustees.

(b) Applicant recognizes that the Revolving Loan Committee will not process a pre-application that is not complete. Incomplete pre-applications will be returned to the applicant for completion. Town staff will provide reasonable assistance to applicant to develop a complete application packet with required attachments.

(c) Priority will be given to projects demonstrating the most substantial impact on building and neighborhood aesthetics. Awards will be made on a first-come, first-served basis and will be limited to one (1) application per business through the term of the loan. (Ord. 1102 §4 (Exh. A), 2012)