(1) The department will certify the base taxable value of a newly created industrial TIFD if the department determines that the following information exists and has been provided to the department:
(a) a copy of the local government's finding that the property within the TIFD consists of a continuous area with an accurately described boundary;
(b) a copy of the ordinance zoning the area within the TIFD for light or heavy industrial use;
(c) evidence that the zoning within the TIFD is in accordance with the local government's growth policy;
(d) a copy of the local government's finding that the property within the TIFD is not included within an existing urban renewal district;
(e) a copy of the local government's finding that the area within the TIFD is deficient in infrastructure improvement for industrial development, including any documentation upon which the finding of deficiency is based;
(f) a copy of the local government's growth policy;
(g) a copy of the notice of public hearing required under 7-15-4299, MCA;
(h) a certified copy of the ordinance approving the industrial district and the tax increment financing provision pursuant to 7-15-4284, MCA;
(i) a map representing the TIFD's boundary including a legal description of the TIFD;
(j) the name of the TIFD; and
(k) a list of the geocodes for all real property, the assessor codes for all personal property, and a description of all centrally assessed property located within the TIFD at the time of its creation.
(2) The local government that has created the TIFD will provide the information described in (1) to the department when it notifies the department that the TIFD has been created.