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Current as of January 01, 2023 | Updated by FindLaw Staff
The commissioner, with the advice of the council, shall establish criteria for the distribution of state money for the purpose of section 116L.62. The criteria shall include requirements that:
(1) the program receiving state assistance:
(i) involve residents in the area to be served by the program in the planning and operation of the program; and
(ii) involve the business community in the area to be served by the program in its development and operation;
(2) the distribution of assistance among areas within the state be equitable, with priority being given to areas with high unemployment or underemployment;
(3) financial assistance under sections 116L.60 to 116L.64 to any program may not exceed 25 percent of the cost of the program including costs of administration; and
(4) a program receiving financial assistance has adequate internal administrative controls, accounting procedures, personnel standards, evaluation procedures, availability of in-service training and technical assistance programs, and other policies necessary to promote the effective use of state money.
The commissioner may make a distribution in excess of the limit prescribed in clause (3) if the commissioner determines that the excess distribution is necessary to further the objectives of sections 116L.60 and 116L.62.
Cite this article: FindLaw.com - Minnesota Statutes Economic Development and Planning (Ch. 116J-116O) § 116L.63. Criteria for distribution of money - last updated January 01, 2023 | https://codes.findlaw.com/mn/economic-development-and-planning-ch-116j-116o/mn-st-sect-116l-63/
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