2004 Minnesota Statutes

     116M.17 Duties. 

    Subdivision 1.    General duties.  The board shall 
 investigate and evaluate methods to enhance urban development, 
 particularly methods relating to economic diversification 
 through minority business enterprises and job creation for 
 minority and other persons in low-income areas.  The enterprises 
 shall include, but are not limited to, technologically 
 innovative industries, value-added manufacturing, and 
 information industries.  

    Subd. 2.    Technical assistance.  The board through the 
 department, shall provide technical assistance and development 
 information services to state agencies, regional agencies, 
 special districts, local governments, and the public, with 
 special emphasis on minority communities.  

    Subd. 3.    Budget.  The board shall adopt an annual 
 budget and work program and a biennial budget.  

    Subd. 4.    Reports.  The board shall submit an annual 
 report to the legislature of an accounting of loans made under 
 section 116M.18, including information on loans to minority 
 business enterprises, the impact on low-income areas, and 
 recommendations concerning minority business development and 
 jobs for persons in low-income areas. 

    HIST: 1993 c 369 s 57