Delaware § 1905 Designation, renewal, and amendment of corridors or districts

Delaware Statutes

§ 1905 — Designation, renewal, and amendment of corridors or districts

Delaware·Title 22·Ch. 19 The Downtown Development Corridors and Districts Act·Subch. Establishment, Amendment, and Termination of Corridors and Districts

(a)Not more than 15 districts may be designated at any 1 time. Not more than 1 corridor may be designated for each municipality.

(b)A corridor or district is to be designated for an initial 10-year period. On recommendation of the Committee, the Governor may renew a corridor or district for up to 2 5-year renewal periods. Recommendations for renewals must be based on the performance of corridor or district responsibilities by the municipality, or county in the case of a district in an unincorporated area; the continued need for the corridor or district; and the corridor’s or district’s effectiveness in creating capital investment, increasing population, creating jobs, improving housing stock, providing enhanced retail and entertainment opportunities, and otherwise improving the quality

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(a) Not more than 15 districts may be designated at any 1 time. Not more than 1 corridor may be designated for each municipality.

(b) A corridor or district is to be designated for an initial 10-year period. On recommendation of the Committee, the Governor may renew a corridor or district for up to 2 5-year renewal periods. Recommendations for renewals must be based on the performance of corridor or district responsibilities by the municipality, or county in the case of a district in an unincorporated area; the continued need for the corridor or district; and the corridor’s or district’s effectiveness in creating capital investment, increasing population, creating jobs, improving housing stock, providing enhanced retail and entertainment opportunities, and otherwise improving the quality of life within the corridor or district.

(c) Any municipality, or county in the case of a district in an unincorporated area, having a corridor or district within its borders is responsible for providing the local incentives specified in its application, providing timely submission of reports and evaluations as required by rule or regulation, implementing an active local development corridor or district program within the context of overall economic and community development efforts, and fulfilling such other responsibilities as may be required by law, rule, or regulation in connection with the corridor or district.

(d) Each corridor or district shall submit regular reports and information to the Office as may be necessary to evaluate the corridor’s or district’s effectiveness and compliance with this section.

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