Business Subsidy Act. The TIF assistance provided for herein is not a “business subsidy” as defined by Minn. Stat. § 116J.993, subd. 3, because the City is making TIF assistance available to all businesses to be located in the Xxxxxx Xxxx Metro Business Park. The Project meets the criteria set forth in Minnesota Statute §116J.993, Subd. 3(2), and the City therefore finds that the financial assistance provided for herein is not a Business Subsidy under the Business Subsidy Act.
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Samples: Assessment Agreement, Development and Tax Increment Financing Agreement, Development and Tax Increment Financing Agreement
Business Subsidy Act. The TIF assistance provided for herein is not a “business subsidy” as defined by Minn. Stat. § 116J.993, subd. 3, because the City EDA is making TIF assistance available to all businesses to be developers of land located in on the Xxxxxx Xxxx Metro Business ParkGranite Works site and because the assistance is for housing. The Project meets the criteria set forth in Minnesota Statute §116J.993, Subd. 3(2) and (7), and the City and the EDA therefore finds that the financial assistance provided for herein is not a Business Subsidy under the Business Subsidy Act.
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