Section 8804-C - Approval(a)Submission.--A contracting authority may apply to the Department of Community and Economic Development for approval of a zone plan. The application must include all of the following: (1) A plan to establish one or more facilities which will promote economic development.(2) An economic development plan, including a plan for the repayment of all bonds.(3) Specific information relating to the facility which will be constructed, including infrastructure and site preparation, reconstructed or renovated as part of the plan.(4) Other information as required by the Department of Community and Economic Development, the office or the department.(5) A designation of the specific geographic area, including parcel numbers and a map of the zone with parcel numbers, of which the zone will consist.(b) Agencies.--The Department of Community and Economic Development, the office and the department must approve each application.(b.1) Review.--The Department of Community and Economic Development, the department and the office shall consider the following when determining a designation: (1) Economic impact of the zone.(2) Number of jobs that will be created.(3) Potential State and local tax revenue impact.(4) Financial fitness and ability of the applicant to repay bonds.(5) The proximity to previously approved zones.(6) Any other relevant factor.(b.2) Additional approval.--Following the effective date of this subsection, applications may be approved for: (1) Up to two zones for one or more municipalities with a population between 7,000 and 19,999 based on the most recent Federal decennial census.(2) Up to two zones for one or more cities or municipalities with a population of 20,000 or more based on the most recent Federal decennial census.(c)[Repealed by 2024 Amendment.] (c.1)Agreement.--An area that covers contiguous cities or municipalities shall require an agreement among each participant to be included in the zone, evidenced by a resolution of each participant.(c.2) Single approval.--An application for one zone located in a city of the third class incorporated under optional charter which is located in a home rule county of the third class, is its county's seat and has a population of between 93,500 and 95,500 based on the 2020 Federal decennial census may be approved in the first year after the effective date of this subsection. A contracting authority designated under section 1803-C by a city of the third class incorporated under optional charter which is located in a home rule county of the third class, is its county's seat and has a population of between 93,500 and 95,500 based on the 2020 Federal decennial census shall have a board of directors consisting of nine members. The following shall apply:(1) One voting member shall be appointed by the mayor and shall serve a five-year term.(2) Two voting members shall be appointed by the State representative of the 1st district. The following apply: (i) One member appointed under this paragraph shall serve a two-year term.(ii) One member appointed under this paragraph shall serve a five-year term.(3) Two voting members shall be appointed by the State representative of the 2nd district. The following apply: (i) One member appointed under this paragraph shall serve a two-year term.(ii) One member appointed under this paragraph shall serve a three-year term.(4) Four voting members shall be appointed by the Senator from the 49th district.(i) One member appointed under this paragraph shall serve a two-year term.(ii) Two members appointed under this paragraph shall serve three-year terms.(iii) One member appointed under this paragraph shall serve a five-year term.(5) Terms specified in paragraphs (1), (2), (3) and (4) shall commence upon the date of appointment. Members may be reappointed for five-year terms following the expiration of the initial appointed term.(6) Members serve without compensation.(7) A vacancy on the board shall be filled by the same appointing authority as the initial appointment in accordance with paragraphs (1), (2), (3) and (4).(d)Schedule.--The Department of Community and Economic Development shall establish application deadlines and publish the deadlines on its publicly accessible Internet website.(e) Reapplication.--If an application is not approved under this section, the applicant may revise the application and plan and reapply for approval.(f) Limitation.--No more than one zone may exist in a city or municipality at any given time. Amended by P.L. (number not assigned at time of publication) 2024 No. 56,§ 15, eff. 7/11/2024.Amended by P.L. TBD 2016 No. 84, § 37, eff. 7/13/2016.Added by P.L. 270 2013 No. 52, § 31, eff. 7/9/2013.