469.3215 APPLICATION FOR DESIGNATION.
Subdivision 1. Who may apply.
One or more local government units, or a joint powers
board under section
, acting on behalf of two or more units, may apply for designation
of an area as an international economic development zone. All or part of the area proposed for
designation as a zone must be located within the boundaries of each of the governmental units. A
local government unit may not submit or have submitted on its behalf more than one application
for designation of an international economic development zone.
Subd. 2. Application content.
(a) The application must include:
(1) a resolution or ordinance adopted by each of the cities or towns and the counties in
which the zone is located, agreeing to provide all of the local tax exemptions provided under
(2) an agreement by the applicant to treat incentives provided under the zone designation
as business subsidies under sections
and to comply with the requirements
of that law; and
(3) supporting evidence to allow the authority to evaluate the application.
(b) Applications must be submitted to the authority no later than December 31, 2005.
History: 1Sp2005 c 3 art 10 s 14