2005 Minnesota Statutes

     469.322 Designation of international economic 
  development zone. 

    (a) An area designated as a foreign trade zone may be 
 designated by the foreign trade zone authority as an 
 international economic development zone if within the zone a 
 regional distribution center is being developed pursuant to 
 section 469.323.  The zone must consist of contiguous area of 
 not less than 500 acres and not more than 1,000 acres.  The 
 designation authority under this section is limited to one zone. 

    (b) In making the designation, the foreign trade zone 
 authority, in consultation with the Minnesota Department of 
 Transportation and the Metropolitan Council, shall consider 
 access to major transportation routes, consistency with current 
 state transportation and air cargo planning, adequacy of the 
 size of the site, access to airport facilities, present and 
 future capacity at the designated airport, the capability to 
 meet integrated present and future air cargo, security, and 
 inspection services, and access to other infrastructure and 
 financial incentives.  The border of the international economic 
 development zone must be no more than 60 miles distant or 90 
 minutes drive time from the border of the Minneapolis-St. Paul 
 International Airport.  

    (c) Final zone designation must be made by June 30, 2006. 

    (d) Duration of the zone is a 12-year period beginning on 
 January 1, 2007. 

    HIST: 1Sp2005 c 3 art 10 s 15