429 CMR, § 2.02
As used in 429 CMR 2.00, unless the context clearly requires otherwise, the following terms shall mean:
Adjustment Factor - See429 CMR 2.05(3)(b)3.
Base Valuation - See429 CMR 2.05(3)(b)2.
Economic Assistance Coordinating Council (EACC) - the council established pursuant to M.G.L. c. 23A, § 3B.
Economic Target Area (ETA) - an area of the Commonwealth designated as such by the EACC pursuant to M.G.L. c. 23A, § 3D and 402 CMR 2.06.
Exemption Percentage - See429 CMR 2.05(3)(b)1.
Inflation Factor - See429 CMR 2.05(3)(b)4.
Manufacturing Facilities - corporations classified as manufacturing corporations under M.G.L. c. 58, § 2, as determined by the Commissioner of the Department of Revenue under 830 CMR 58.2.1(6) through (9).
Municipality - a city or town in the Commonwealth or, in a case in which two or more cities or towns agree to act jointly for some purpose hereunder then, collectively, all cities and towns participating in such a collaborative agreement.
Project - a manufacturing workforce training project that will be developed within a MWT-TIF Zone by a private or not-for-profit developer in furtherance of the objectives of a MWT-TIF Plan and in accordance with a MWT-TIF Agreement between the property owner and the municipality.
MWT-TIF Agreement - See429 CMR 2.05(6).
MWT-TIF Exemption - See429 CMR 2.05(3).
MWT-TIF Plan - the comprehensive plan of one or more municipalities for the development of a MWT-TIF Zone. The MWT-TIF Plan shall be prepared in accordance with the requirements of M.G.L. c. 40, § 60A and 429 CMR 2.05 and must be certified as an approved plan by the EACC.
MWT-TIF Program - a program administered by the EACC which allows a municipality to use property tax incentives to encourage development in a MWT-TIF Zone.
MWT-TIF Project - any project within a MWF-TIF Zone or any public project necessary to further the objectives of the MWT-TIF Plan and for which a property owner and a municipality have entered into a MWT-TIF Agreement.
MWT-TIF Zone - See429 CMR 2.04; a MWT-TIF Zone shall be within an area approved by the EACC and included in a MWT-TIF Plan approved by the EACC.
429 CMR, § 2.02