(1) In determining whether a project is in the public interest, the local government or the board shall consider whether the proposed project:

(a) increases job opportunities;

(b) retains existing jobs;

(c) diversifies the economy of the state and locality in which the project is located;

(d) is consistent with 17-5-1502, MCA; and

(e) complies with the local government's ordinances, resolutions, or regulations pertaining to the issuance of industrial development revenue bonds, if any.