SECTION 175.4. Application Contents for Designation of Readjustment Zones

(a) For an area to be designated as a Readjustment Zone, the nominating body, after nominating the area as a readjustment zone, must send to the Office a written application for designation of the area as a readjustment zone with the information specified in the Act, §2310.105.

(b) Documentation. An application for readjustment zone designation must contain the information and documentation specified in the Act. In addition, each application for designation of a readjustment zone or application to amend the boundaries of a designated readjustment zone must be typed directly on the form provided by the Office and must include all applicable attachments as specified in the application, including:

(1) the name, physical address, mailing address, and telephone number of the applicant governing body or bodies, their designated representative and their liaison to communicate and negotiate with the Office and the administrative authority and its representative, if applicable;

(2) information and documentation concerning the applicant. If a joint application is being submitted by a municipality and county, or a combination of municipalities and/or counties, the information must be provided for each entity. The information concerning the applicant must include:

(A) a statement signed by the applicant certifying that the contents of the application are true and correct to the best information and belief of the applicant and that the applicant has read the Act and this chapter and is familiar with the provisions of the defense readjustment zone program;

(B) a certified copy of the ordinance or order, as appropriate, of the governing body of the applicant nominating the area within its jurisdiction as a readjustment zone under the Act, containing the information set forth in the Act, §2303.104, and identifying by job title the liaison, liaisons, representative or representatives in accordance with paragraph (1) of this subsection. The ordinance or order must specify any incentives to be provided by the municipality or county to business enterprises in the readjustment zone. At least three incentives must be offered in the readjustment zone which are not offered elsewhere throughout the jurisdiction. At least one incentive must be financial in nature; and

(C) if a joint application, a description and certified copy of the agreements between joint applicants providing for the joint administration of the readjustment zone.

(3) information and documentation concerning administration of the zone:

(A) a brief description of how the zone will be managed, including the unit or department within the municipality or county responsible for oversight of readjustment zone activities and person or persons responsible for readjustment zone administration within the municipality or county;

(B) the procedures for negotiating with residents, community groups, and other entities affected by the readjustment zone and qualified businesses within the readjustment zone;

(C) a description of the administrative authority, if any, including a list of members with representation as set forth in the Act, §2310.202; and

(D) a description of the functions and duties of the administrator or administrative authority, if any, including decision-making authority and the authority to negotiate with affected entities; and

(4) information and documentation concerning the proposed readjustment zone, including:

(A) a map of the proposed readjustment zone location which clearly shows readjustment zone boundaries, including existing streets and highways, rail, and air facilities, and the area of the readjustment zone that contains area of an enterprise zone designated under Government Code, Chapter 2303;

(B) certification of the geographic makeup of the proposed readjustment zone including the total square miles in the proposed defense readjustment zone, the total square miles of each applicant's jurisdiction, and the percentage of the jurisdiction in the readjustment zone;

(C) a summary, in tabular form, of the data qualifying the area for a readjustment zone and supporting data as required by the Act and this chapter;

(D) a statement setting forth the economic objectives, the current business and labor conditions, and the marketing strategy for the readjustment zone; and

(E) an annualized seven-year estimate of the economic impact of the readjustment zone that reflects at least the number of jobs and capital investment expected as a result of the designation of the readjustment zone, considering all of the tax incentives, financial benefits, and programs contemplated, on the revenues of the municipality or county. The estimate must be provided in tabular form and must describe the basis and assumptions used.

Source Note: The provisions of this §175.4 adopted to be effective September 15, 1997, 22 TexReg 8961; amended to be effective August 5, 2012, 37 TexReg 5729