116J.574 Grant applications.
Subdivision 1. Application required. To obtain a grant, a development authority shall apply to the commissioner.
Subd. 2. Required content. The commissioner shall prescribe and provide the application form. The application must include at least the following information:
(1) identification of the site;
(2) a detailed budget, including necessary supporting evidence, of the total costs for the site including the total eligible redevelopment costs;
(3) a complete redevelopment plan, including any specific commitments from third parties to construct improvements on the site;
(4) a complete financing plan, including the manner in which the development authority uses innovative financial partnerships between government, private for-profit, and nonprofit sectors; and
(5) any additional information or material that the commissioner prescribes.
HIST: 2002 c 393 s 50
Official Publication of the State of Minnesota
Revisor of Statutes