(1) The importance of the proposed project in relation to the City's goals and objectives with regard to the Original Aurora Art District;

(2) The number of artists and/or art-related businesses, and employees thereof, brought to the Original Aurora Art District by the proposed project;

(3) The visibility of, and the community and/or commercial activity to be generated by, the proposed project;

(4) The location and size of the proposed project within the Original Aurora Art District;

(5) The length of time that the proposed project is committed to keeping artists living and/or working in the Original Aurora Art District;

(6) The credit history of the applicant;

(7) The projected cash flow of the proposed project;

(8) The applicant's contribution of equity and/or other financing resources to the proposed project.

(9) The total cost of the proposed project and the percentage share that will come from the art district loan account.

(10) The projected return on investment to the art district loan account;

(11) The availability of funds in the art district loan account; and

(12) The amount of funds previously loaned to the applicant under the art district loan program. (Ord. No. 2002-08, § 2, 2-25-2002)