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469.167 Designation of enterprise zones.

Subdivision 1. Process. The commissioner shall designate an area as an enterprise zone if (a) an application is made in the form and manner and containing the information as prescribed by the commissioner; (b) the application is made by the governing body of the area; (c) the area is determined by the commissioner to be eligible for designation under section 469.168; and (d) the zone is selected pursuant to the process provided by section 469.169.

Subd. 2. Duration. The designation of an area as an enterprise zone shall be effective for seven years after the date of designation, except that enterprise zones in border cities eligible to receive allocations for tax reductions under section 469.169, subdivisions 7 and 8, and under section 469.171, subdivision 6a or 6b, shall be effective until terminated by resolution adopted by the city in which the border city enterprise zone is located.

Subd. 3. Limitation. No area may be designated as an enterprise zone after December 31, 1986. No area may be designated as a border city zone after December 31, 1983.

HIST: 1987 c 291 s 168; 1Sp1989 c 1 art 17 s 14; 1991 c 291 art 21 s 14; 1996 c 471 art 7 s 5

Official Publication of the State of Minnesota
Revisor of Statutes