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114 <br />• Speculative ventures (Examples: drilling for gas or oil, commodity futures).' <br />• Lending or investment <br />• Real property held for sale or investment <br />• Pyramid sales - distribution plan businesses <br />• Foreign controlled businesses <br />• Private membership clubs <br />COMPLIANCE WITH APPLICABLE REGULATIONS <br />n a cases, grants made from this program must be consistent and in accordance <br />with the following: <br />• All state and local regulations governing the applicant's business. <br />• Terms and conditions established by the Subcommittee for each particular <br />applicant. <br />• Policies established by the Board of County Commissioners dealing with the Grant <br />Program. <br />• Ventures that implement planning and economic development policies which <br />create a balanced, dynamic local economy that promotes diversity, sustainable <br />growth, and enhanced revenue while embracing community values will also be <br />given priority. <br />