Facilitate the redevelopment of downtown areas and the creation of jobs by providing essential public infrastructure.
No new authorizations may be made for this program. Existing projects with previous authorizations may complete their projects and may still achieve the program benefits subject to the program rules and any terms and conditions of their original award.
An annual report to the DED is required by October 30 each year (99.980.2), and a Business Relocations report is due to DED by the last day of February each year (99.980.1). Failure to file the annual report shall make the municipality ineligible to receive disbursements from the program (99.980.7).