Minnesota Administrative Rules

4309.1000 ADDITIONAL INFORMATION.

To apply for a contamination cleanup development grant, an applicant must submit the following information to the Department of Employment and Economic Development in addition to the requirements in Minnesota Statutes, section 116J.553, subdivision 2:

A.

an estimation of the number of jobs that will be created after cleanup and development of the site;

B.

the total project cost;

C.

the anticipated value of proposed public and private future developments including the potential tax base increase of the local taxing jurisdictions;

D.

the amount and source of the commitment of municipal or other local resources to pay for the cleanup costs; and

E.

the relative financial health of the local taxing jurisdiction as demonstrated by tax capacity, bonded indebtedness, and an audit or financial statement if an audit is not available.

Statutory Authority:

MS s 116J.035

History:

19 SR 765; L 2003 1Sp4 s 1

Published Electronically:

January 18, 2005