Resolution - #09-01-009 - 01/13/2009

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5 MINNESOTA STATUTES 2008 116J.994 (11) other information the commissioner may request. A report must be filed rio later than March 1 of each year for the previous year. The local agenc~ and the Iron Range Resources and Rehabilitation Board must forward copies of the reports received by recipients to the commissioner by April 1. (c) Financial assistance that is excluded from the definition of "business subsidy" by section, 116J.993, subdivision 3, clauses (4), (5), (8), and (16), is subject to the reporting requirements of this subdivision, except that the report ofthe recipient must include instead: (1) the type, public purpose, and amount of the financial assistance, and type of district if the assistance is tax increment financing; (2) progress towards meeting goals stated in the assistance agreement and the public purpose of the assistance; (3) if the agreement includes job creation, the hourly wage of each job created with separate bands of wages; (4) if the agreement includes job creation, the sum of the hourly wages and cost of health insurance provided by the employer with separate bands of wages; (5) the location of the recipient prior to receiving the assistance; and (6) other information the grantor requests. (d) If the recipient does not submit its report, the local government agency must mail the . recipient a warning within one week of the required filing date. If, after 14 days ofthe postmarked date ofth~ warning, the recipient fails to provide a report, the recipient must pay to the grantor a penalty of $100 for each subsequent day until the report is filed; The maximum penalty shall not exceed $1,000. Subd. 8. Reports by grantors. (a) Local government agencies ofa local government with a population of more than 2,500 and state government agencies, regardless ofwh~ther or not they have awarded any business subsidies, must file a report by April 1 of each year with the commissioner. Local government agencies of a local government with a population of2,500 or less are exempt from filing this report if they have not awarded a business subsidy in the past five years. The report must include a list of recipients that did not complete the recipient report required under subdivision 7 and a list of recipients that have not met their job and wage goals within two years and the steps being taken to bring them into compliance or to recoup the subsidy. If the commissioner has not received the report by April 1 from an entity required to report, . the commissioner shall issue a warning to the government agency. Ifthe.commissioner has still Copyright <Q 2008 by the Revisor of Statutes, State of Minnesota. All Rights Reserved.