A host community economic development grant program is created in the Department of Employment and Economic Development. Grants awarded under this section may only be spent for capital costs of an eligible project.
For purposes of this section:
(a) "Capital costs" means expenditures for the acquisition and betterment of public lands and buildings, and for other publicly owned capital improvements. Capital costs also include expenditures for predesign, design, engineering, and similar activities for specifically identified eligible projects.
(b) "Eligible project" means a development or redevelopment project that will generate economic development within a host community.
(c) "Economic development" means job creation, an increase in the tax base, the capacity of the eligible project to attract private investment, and other objective criteria established by the commissioner that demonstrate a public benefit to the host community.
(d) "Host community" means a city located within the seven-county metropolitan area, as defined in section 473.121, subdivision 2, that is the site of a waste disposal facility that meets the standards in section 473.849, that accepts unprocessed mixed municipal solid waste generated in the metropolitan area.
Host communities may apply for a grant under this section on a form and in a manner prescribed by the commissioner. In awarding grants under this section, the commissioner shall give priority to eligible projects that, based on a cost-benefit analysis, provide the highest return on public investment. The commissioner must allocate available money between host communities as evenly as practicable.
Notwithstanding section 16A.86 or any other law to the contrary, the state share of a project covered by this section shall cover 100 percent of the total cost of the project.
The commissioner must report to committees of the legislature with jurisdiction over economic development by February 15 of each year on grants awarded under this section.
Official Publication of the State of Minnesota
Revisor of Statutes