LD 1614
pg. 229
Page 228 of 234 PUBLIC Law Chapter 451 Page 230 of 234
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LR 1999
Item 1

 
2.__Vote of unit of local government legislative body.__Each
applicant unit of local government must designate that portion of
the Pine Tree Development Zone contained within its boundaries
and take all actions required to satisfy the requirements of
section 5247, subsection 2 by majority vote of its legislative
body.

 
3.__Effective date.__The establishment of a Pine Tree
Development Zone is effective upon designation by the
commissioner.

 
4.__Administration of zone.__The participating units of local
government may create an organization, designate an existing
department or agency or enter into a contractual arrangement with
a private entity to administer activities authorized under this
subchapter.

 
5.__Amendments.__A participating unit of local government may
amend the designation of that portion of a Pine Tree Development
Zone contained within its boundaries or an adopted development
plan only after meeting the requirements of this section for
designation of a Pine Tree Development Zone or adoption of a
development plan and with the concurrence of all other
participating units of local government.__A participating unit of
local government may not amend the designation of a Pine Tree
Development Zone if the amendment would result in the zone's
being out of compliance with any of the requirements in section
5247.

 
§5249.__Selection criteria

 
1.__Review and selection.__The commissioner shall review
applications and select zones for designation based upon the
following criteria:

 
A.__Severity of economic distress within the region affected
by the Pine Tree Development Zone;

 
B.__Viability of a development plan described under section
5247, subsection 4, paragraph E;

 
C.__Commitment of local and regional financial resources;

 
D.__Partnerships with public and private organizations; and

 
E.__Impact on surrounding regions of the Pine Tree
Development Zone.

 
§5250.__Program administration; rules


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