G.__All property included within a Pine Tree Development Zone must meet one of the following:

(1)__The property is located within a market area for which the labor market unemployment rate is greater than the state unemployment rate at the time of the application; or

(2)__The property is included within a county in which the average weekly wage is below the state average weekly wage at the time of the application.

In the case of a multijurisdictional or joint application, the requirements of this paragraph are met if the combined unemployment rate of the cooperating units of local government meets the requirements of subparagraph (1) or the average weekly wage of the cooperating units of local government, on a per-employed-worker basis, meets the requirements of subparagraph (2); and

H.__The restrictions contained in paragraph G may be waived for property that is contained within a labor market area that has sustained a greater than 5% loss of population or employed workers during the 3-year period immediately preceding the time of application if the loss was caused by business closings.

4.__Application.__An application for designation of a Pine Tree Development Zone must include, but is not necessarily limited to, the following:

A.__A narrative description of the Pine Tree Development Zone to be designated;

B.__Maps and any other information necessary to clearly identify the geographic boundaries of the Pine Tree Development Zone and any subzones it may include;

C.__Evidence that the Pine Tree Development Zone meets the requirements of subsection 3;

D.__Any information evidencing economic distress; and

E.__A development plan that includes: