as introduced - 79th Legislature (1995 - 1996) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to economic development; appropriating money 1.3 for business retention and expansion. 1.4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.5 Section 1. [APPROPRIATION FOR BUSINESS RETENTION AND 1.6 EXPANSION.] 1.7 Subdivision 1. [NORTH METRO BUSINESS DEVELOPMENT 1.8 COMMISSION.] $42,500 in fiscal year 1996 and $42,500 in fiscal 1.9 year 1997 is appropriated to the commissioner of trade and 1.10 economic development for a grant to the North Metro Business 1.11 Development Commission, and is for the purpose of expanding the 1.12 commission's business retention and expansion program to include: 1.13 (1) updating participating community database information; 1.14 (2) coordinating business training needs with area 1.15 community and technical colleges; 1.16 (3) acting as a regional clearinghouse for business 1.17 location and expansion needs that cannot be met by a 1.18 participating community; 1.19 (4) coordinating private sector summer youth employment 1.20 opportunities with local agencies; and 1.21 (5) coordinating annual marketing seminars and conferences 1.22 for area small businesses. 1.23 This grant is available only on a demonstration of a 1.24 dollar-for-dollar cash match from the commission. The 2.1 commission shall submit a written report to the department of 2.2 trade and economic development. 2.3 Subd. 2. [BUSINESS RETENTION IN METROPOLITAN 2.4 AREA.] $100,000 in fiscal year 1996 and $100,000 in fiscal year 2.5 1997 is appropriated to the commissioner of trade and economic 2.6 development for a grant to the North Metro Business Development 2.7 Commission to create a business retention and expansion program 2.8 in the metropolitan area using the North Metro Business 2.9 Development Commission model and database information system, 2.10 upon the demonstration of a dollar-for-dollar cash match from 2.11 each participating city or cities in the metropolitan area. 2.12 Subd. 3. [BUSINESS RETENTION IN GREATER MINNESOTA.] 2.13 $100,000 in fiscal year 1996 and $100,000 in fiscal year 1997 is 2.14 appropriated to the commissioner of trade and economic 2.15 development for a grant to the North Metro Business Development 2.16 Commission to create a business retention and expansion pilot 2.17 project in a greater Minnesota city or cities using the North 2.18 Metro Business Development Commission model and database 2.19 information system, upon the demonstration of a 2.20 dollar-for-dollar cash match from the participating city or 2.21 cities.