Establishes additional procedures to be followed by industrial development agencies prior to making loans; includes goals to be achieved by project such as job creation, continuance of business or industry, and public purpose to be attained.
Relates to loans and grants by industrial development agencies; requires uniform criteria for evaluation and selection of an eligible entity for a grant or loan; defines terms; outlines such criteria.
Relates to loans and grants by industrial development agencies; requires uniform criteria for evaluation and selection of an eligible entity for a loan; defines terms; outlines such criteria.