Economic development project definition

Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.
Economic development project means an endeavor related to industrial, commercial, or agricultural enterprise. Economic development project includes, but is not limited to, a theme or recreation park; agricultural or forestry production, harvesting, storage, or processing facilities or equipment; port facilities; and the use of equipment or facilities designed to produce energy from renewable resources. Economic development project does not include that portion of an endeavor devoted to the sale of goods at retail, except that, as used in relation to the fund insuring a transaction entered into by a depository institution, and as used in relation to a loan by the fund to a minority owned business, an economic development project may include that portion of an endeavor devoted to the sale of goods at retail. Economic development project does not include that portion of an endeavor devoted to housing or a program or activity authorized under chapter 8A.
Economic development project means any of the fol- lowing:

Examples of Economic development project in a sentence

  • Ted Williams, Project Manager EXECUTIVE SUMMARY In October 2006, the Ministry of Economic Development offered to provide a temporary position to a person, identified by the First Nations Leadership Council, to work on a First Nations Economic Development Project.

  • Staff Recommendation Adopt Resolution No. designating Church Ranch Business Center Phase III, to be located at 103rd Avenue and Church Ranch Boulevard as an Economic Development Project for the purpose of receiving adminisitrative approval of the Official Development Plan.

  • This includes the Dominican Republic, where a PPE was undertaken for the Rural Economic Development Project in the Central and Eastern Provinces in 2020; Cuba, where a PPE for the Cooperative Rural Development Project in the Oriental Region was completed in 2022; and Montenegro, where a PPE of the Rural Clustering and Transformation Project is planned for 2024.

  • ATTEST: Mayor City Clerk Date: November 9, 1998‌ Subject: Resolution No. re Church Ranch Phase III Development Project Prepared by: Becky Johnson, Economic Development Specialist Max Ruppeck, Planner III Introduction City Council action is requested to designate Church Ranch Business Center Phase III as an Economic Development Project, for the purpose of allowing the development to receive Administrative Review per City Code subsection 11-5- 8(B).

  • In view of TSSD’s success, other donor funded projects, for example, the World Bank’s Local Economic Association of the Poor Project, Land Allocation for Social and Economic Development Project have adopted the TSSD approach, specifically the LIG support model.


More Definitions of Economic development project

Economic development project means a business development that directly and significantly increases the number of jobs in this state.
Economic development project means a project or proj- ects within a premier economic development district that, alone or together, have an estimated comprehensive new construction assessed valuation increase of at least $20,000,000, as established and certified by an independent 3rd−party appraiser or market research firm that provides a written report regarding the esti- mated value to be created by the project or projects.
Economic development project or “project” means:
Economic development project means a real estate development
Economic development project means an endeavor related to industrial, commercial, or agricultural enterprise. Economic development project includes, but is not limited to, a theme or recreation park; agricultural or forestry production, harvesting, storage, or processing facilities or equipment; port facilities;
Economic development project or "project" means a new or expanded service or technology activity conducted at a new or expanded site by:
Economic development project or "project" means the provision of direct or indirect assistance to a qualifying entity by a local or regional government and includes the purchase, lease, grant, construction, reconstruction, improvement or other acquisition or conveyance of land, buildings or other infrastructure; public works improvements essential to the location or expansion of a qualifying entity; payments for professional services contracts necessary for local or regional governments to implement a plan or project; the provision of direct loans or grants for land, buildings or infrastructure; technical assistance to cultural facilities; loan guarantees securing the cost of land, buildings or infrastructure in an amount not to exceed the revenue that may be derived from the municipal infrastructure gross receipts tax or the county infrastructure gross receipts tax; grants for public works infrastructure improvements essential to the location or expansion of a qualifying entity; grants or subsidies to cultural facilities; purchase of land for a publicly held industrial park or a publicly owned cultural facility; and the construction of a building for use by a qualifying entity;