§ 5-28-26-12 — Designation of global commerce center

Indiana § 5-28-26-12

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 28: INDIANA ECONOMIC DEVELOPMENT
• Ch. 26: Global Commerce Center Pilot Program

Text

(a) If a district applies to the corporation to
have part of the area served by the district designated as a global
commerce center, the corporation may approve the district's application
if the corporation determines that the district's proposed global
commerce center meets the following criteria:
(1) The proposed global commerce center is well suited for the
development of a hub and its supporting spokes.
(2) The proposed global commerce center has the support of the
surrounding community.
(3) The proposed global commerce center is well suited for the
development of at least one (1) of the following:
(A) A high technology activity.
(B) Advanced manufacturing.
(C) Transportation, distribution, and logistics.
(D) Agribusiness.
(b) The corporation may adopt rules under IC 4-22-2 specifying
application procedures.
(c) A global commerce center designated under this section must
include a hub. The boundaries of the global commerce center are not
required to be contiguous. Only one (1) global commerce center pilot
program may be designated under this section.

Legislative History

As added by P.L.203-2005, SEC.2.