B.  The Portland Development Commission shall consider the following:

1.  Economic feasibility and general benefits to the City of the proposed project.

2.  Density of use and potential impact in the area affected by the proposed project.

3.  Land use, transit, and transportation facilities in the vicinity of the proposed project.

4.  City’s ability to supply or support other needed services resulting from the Economic Development Project.

5.  Effect of proposed project on balanced economic development of the City.

6.  Employment and property tax income from the project.

7.  Employment opportunities.  City and Portland Development Commission will use employment agreements when and where appropriate.

8.  Suitability of proposed area in the City for the particular type of proposed development project.

9.  Conformance with Internal Revenue Service regulations and the Oregon Revised Statutes.

C.  No application shall be recommended for City Council approval unless the Portland Development Commission determines that the proposed project does not conflict with adopted City plans and policies, and conforms to the following uses:

1.  Manufacturing or other industrial production.

2.  Agricultural development or food processing.

3.  Transportation or freight facilities.

4.  Warehousing or distribution.

5.  A project for the primary purpose of reducing air, water, or solid waste pollution.

6.  Other activities that represent new technology or types of economic enterprise that the City determines are needed to diversify the economic base of the community.

7.  Parking in close proximity to the Portland Performing Arts Center.  Such a parking facility may include space for retail and commercial uses in addition to parking.

8.  Commercial uses when a part of a qualified historic project or publicly initiated urban development project.