Sec.4-66c-1. Application review

In reviewing and approving applications pursuant to Subdivision 1 of Subsection (b) of Section 4-66c of the General Statutes, received from eligible municipalities, the Commissioner of Economic Development shall consider the following:

(a) impact of the project on the local neighborhood, region and/or the state;

(b) long term economic benefit of the program;

(c) impact on the local tax base;

(d) potential for job creation and retention;

(e) potential for private investments;

(f) applicant's financial committment to the project;

(g) applicant's ability to implement the project in a timely manner;

(h) the relative need for the project and the extent to which the project will advance the purposes set forth in Sec. 4-66b.

(Effective October 25, 1984)