Agenda - Council - 01/13/2009 - Laserfiche WebLink

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6 MINNESOTA STATUTES 2008 1167:994 not received the report by June 1 of that same year from an entity required to report, then that government agency may not award any business subsidies until the report has been filed. (b) The report required under paragraph (a) is also required for financial assistance section 1167.993, $25,000 and greater that is excluded from the definition of "business s b idy b s de coon 1 6 of subdivision 3, clause (1), and of $75,000 and greater that is excluded report for the financial "business subsidy" by section 1167.993, subdivision 3, clause (21). The re p assistance under this paragraph must be completed within one year of the granting of the financial e. The re ort required for financial assistance under this paragraph must include: asslstanc P (1) the name of the recipient, its organizational structure, its address and contact information, and its industry sector; project (2) a description of the amount and use of the financial assistanhea d the and the private budget, including a list of all financial assistance by all grantors for project sources of financial assistance; (3) the public purpose of the financial assistance, the job goals associated with both the financial assistance and the total project in which the financial assistance is include, ed the hourly wage of each job created, and the cost of health insurance provided by the emp y (4) the date the project will be completed; (5) the name and address of the parent corporation of the recipient, if any; and (6) any other information the commissioner may request. ern gov local government (c) Within one year of completing a report under paragraph (b), the l osa gov co under agency must report to the commissioner on progress in achieving the pure paragraph (b), clause (3). (d) The commissioner of employment and economic development must provide information on reporting requirements to state and local government agencies. Employment and Subd. 9. Compilation and summary report. The Departmen t of p Economic Development must publish a compilation and summary of the results f th e re po The for the previous two calendar years by December 1 of 2004 and every other year r o rt reports of the government agencies to the department and the complation must make re s of the department must be made available to the public._ The commissioner agencies available on the of all business subsidy reports submitted by local and state granting a g department's Web site by October 1 of the year in which they were submitted. -200— Copyright m 2008 by the Revisor of Statutes, State of Minnesota. All Rights Reserved.