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(1) Uses of awards to local governments and tribal governments for eligible businesses shall include, but are not limited to, grants or loans for:

(a) land acquisition;

(b) site preparation;

(c) infrastructure improvements;

(d) purchase or improvement of buildings, machinery and equipment;

(e) workforce training;

(f) a reduction in the interest rate of a commercial loan for the expansion of a basic sector company;

(g) a grant or low-interest loan for relocation expenses for a basic sector company; and

(h) rental assistance or lease buy-downs for a relocation or expansion project for a basic sector company.

(2) Uses of awards to certified regional development corporations, tribal governments, and other eligible economic development organizations shall include, but are not limited to, the following economic development planning activities:

(a) support for business improvement districts and central business district redevelopment;

(b) industrial development;

(c) feasibility studies;

(d) creation and maintenance of baseline community profiles; and

(e) matching funds for federal funds, including but not limited to brownfields funds and natural resource damage funds.

History: 90-1-204, MCA; IMP, 90-1-204, MCA; NEW, 2005 MAR p. 2449, Eff. 12/9/05; AMD, 2009 MAR p. 141, Eff. 2/13/09; AMD, 2010 MAR p. 738, Eff. 3/26/10.

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