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CHAPTER 15
<br /> Minn.Stat.§1161.431. Cities outside the seven-county metropolitan area may receive grants from
<br /> G-eater\-tinnesota Business DEED for up to 50 percent of the capital costs of public infrastructure
<br /> Development 1n+ra5a-«<tLire,Gran_ necessary for certain specified economic development projects, excluding
<br /> }rouann.
<br /> retail and office space. For this program,"public infrastructure"means
<br /> publicly owned physical infrastructure necessary to support economic
<br /> development projects,including but not limited to sewers,water supply
<br /> systems,utility extensions, streets,wastewater treatment systems,
<br /> stormwater management systems, and facilities for pretreatment of
<br /> wastewater to remove phosphorus.
<br /> M1„n.`tat.§ 11WA_331>`tbd.2. Under this law,an"economic development project”for which a county or
<br /> city may be eligible to receive a grant under this section includes
<br /> manufacturing;technology;warehousing and distribution;research and
<br /> development; agricultural processing or industrial park development that
<br /> would be used by any one of these businesses.
<br /> 2010 Min,,.taws ch. 18%§39 DEED runs the Innovative Business Development Public Infrastructure
<br /> amending Minn.Stat.§ 1 J 6J.435,
<br /> as amended by 2009 Minn.Laws (BDPI)program that provides grants to local governmental units on a
<br /> eh.35,§§1 and 2,and 2009 competitive basis statewide for up to 50 percent of the capital cost of the
<br /> Mn Laws e".78,an.I§ 12. public infrastructure necessary to expand or retain jobs.
<br /> Innovative Business "Innovative business"means a business that is engaged in, or is committed
<br /> Development Program:
<br /> Department of Ernployment and to engage in,innovation in Minnesota in one of the following:
<br /> Economic Development. • Using proprietary technology to add value to a product,process,or
<br /> service in a high technology field;
<br /> 2010 Minn.Laws ch. 189,§39
<br /> a,ending N-linn.Stat.§ 1 16J.4-15, • Researching or developing a proprietary product,process, or service in a
<br /> as amended by 2009 Minn.Lai„ high technology field;
<br /> ch.35,§§ 1 and 2,and 2009
<br /> Minn.Laws ch.8,ail.2, 12. . Researching,developing, or producing a new proprietary technology for
<br /> use in the fields of tourism, forestry,mining,transportation, or green
<br /> manufacturing.
<br /> "Proprietary technology" means the technical innovations that are unique
<br /> and legally owned or licensed by a business and includes,without limitation,
<br /> those innovations that are patented,patent pending, a subject of trade
<br /> secrets,or copyrighted. 'Eligible project" means a bioscience an innovative
<br /> business development capital improvement project in this state,including:
<br /> • Manufacturing;technology; warehousing and distribution;research and
<br /> development;
<br /> • Bioscience innovative business incubator;
<br /> • Agricultural bio-processing processing; or industrial, office, or
<br /> • Research park development that would be used by a bioscience-based an
<br /> innovative business.
<br /> Minn.Stat.§272.02,s«bd.64. DEED administers"tax-free"job opportunity building zones (JOBZ). In
<br /> each of these zones,businesses will be eligible for a broad range of tax
<br /> incentives for a period of 12 years. Under the program,local units of
<br /> government,including cities,must submit applications to DEED and follow
<br /> all statutory requirements related to JOBZ.
<br /> HANDBOOK FOR MINNESOTA CITIES 15:19
<br /> This chapter last revised 12/2010
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