560.13(2)(b)1.1. The contribution required under
par. (a) 3. may be in cash or in-kind. Cash contributions may be of private or public funds, excluding funds obtained under the program under
s. 560.17 or under any program under
subch. V or
VII of this chapter. In-kind contributions shall be limited to actual remediation services.
560.13(2)(b)2.
2. For a grant that does not exceed $300,000, the recipient shall be required to contribute not less than 20% of the cost of the project. For a grant that is greater than $300,000 but that does not exceed $700,000, the recipient shall be required to contribute not less than 35% of the cost of the project. For a grant that is greater than $700,000 but that does not exceed $1,250,000, the recipient shall be required to contribute not less than 50% of the cost of the project.
560.13(3)(a)(a) The department shall award grants under this section on the basis of the following criteria:
560.13(3)(a)1.
1. The potential of the project to promote economic development in the area.
560.13(3)(a)2.
2. Whether the project will have a positive effect on the environment.
560.13(3)(a)3.
3. The amount and quality of the recipient's contribution to the project.
560.13(3)(a)4.
4. The innovativeness of the recipient's proposal for remediation and redevelopment.
560.13(3)(b)
(b) If possible, when making a determination under
par. (a), the department shall accord a 50% weight to the criterion under
par. (a) 1., a 25% weight to the criterion under
par. (a) 2., a 15% weight to the criterion under
par. (a) 3. and a 10% weight to the criterion under
par. (a) 4.
560.13(4)(a)(a) From the appropriations under
s. 20.143 (1) (br) and
(qm) in fiscal year 1997-98, and from the appropriation under
s. 20.143 (1) (qm) in fiscal year 1998-99, the department shall award all of the following in each of those fiscal years:
560.13(4)(a)1.
1. A total of $750,000 in grants that do not exceed $300,000.
560.13(4)(a)2.
2. A total of $1,750,000 in grants that are greater than $300,000 but that do not exceed $700,000.
560.13(4)(a)3.
3. A total of $2,500,000 in grants that are greater than $700,000 but that do not exceed $1,250,000.
560.13(4)(b)
(b) The department may not award a grant that exceeds $1,250,000.
560.13(4)(c)
(c) The department shall award at least 7 grants for projects that are located in municipalities with a population of less than 30,000.
560.13(5)
(5) Before the department awards a grant under this section, the department shall consider the recommendations of the department of administration and the department of natural resources.
560.13(6)
(6) The department shall promulgate rules that establish criteria, within the guidelines under
subs. (2) and
(3), for awarding grants under this section, including the circumstances under which grant proceeds may be used for assessment services.
560.13(7)
(7) On or before December 31, 1998, and annually thereafter, the department shall submit a report on the effectiveness of the program under this section to the legislature under
s. 13.172 (2) and to the governor and the department of administration.
560.13 History
History: 1997 a. 27.
560.135
560.135
Mining economic development grants and loans. 560.135(1)(a)
(a) "Area affected by mining" means an area in which all of the following apply:
560.135(1)(a)1.
1. Public and private infrastructure are or were provided to support mining activity.
560.135(1)(a)2.
2. Public funds are or were expended for costs associated with mining activity.
560.135(1)(a)3.
3. Construction of a mine has commenced and economic diversification is necessary to reduce dependence on mining activity for the long-term economic growth and stability of the area.
560.135(1)(e)
(e) "Local development corporation" means any of the following:
560.135(1)(e)1.
1. The elected governing body of a federally recognized American Indian tribe or band in this state or any business created by the elected governing body.
560.135(1)(e)2.
2. A nonprofit corporation organized under
ch. 181 that does all of the following:
560.135(1)(e)2.b.
b. Promotes the economic development within the specific geographic area.
560.135(2)
(2) Subject to
subs. (3) and
(4), the board may award a grant or loan for the purpose specified to any of the following entities located in an area affected by mining:
560.135(2)(a)
(a) A business, to finance costs associated with start-up, maintenance or expansion in an area affected by mining.
560.135(2)(b)
(b) A city, village, town or county, to develop an economic diversification plan.
560.135(2)(c)
(c) A city, village, town, county, community-based organization or local development corporation, to establish a local revolving loan fund to finance businesses that will create long-term employment opportunities.
560.135(2)(d)
(d) A community-based organization or local development corporation, to conduct a local economic development project that will create long-term employment opportunities and to provide assistance to businesses or entrepreneurs.
560.135(2)(e)
(e) A business, to obtain professional services related to the start-up, maintenance or expansion of the business, including assistance with feasibility studies or financial and marketing plans and managerial assistance after start-up or expansion.
560.135(3)
(3) The board may not award a grant or loan under
sub. (2) if the proceeds will be used to establish or expand a business that is solely dependent on mining activity.
560.135(5)
(5) In awarding grants and loans under
sub. (2), the board shall consider all of the following:
560.135(5)(b)
(b) Whether the project will be located in a targeted area, as determined by the board after considering the factors under
s. 560.605 (2m) (a) to
(h).
560.135(5)(c)
(c) The extent to which the business or other entity assisted by the project is likely to provide stable, long-term employment opportunities to reduce the dependence of the area on mining.
560.135(7)
(7) The department, with the approval of the board, shall promulgate rules establishing policies and standards for awarding grants and loans under
sub. (2), consistent with policies and standards established under the rules required under
s. 560.602. The department shall promulgate rules regarding the application processes for grants and loans under
sub. (2) and for loans made from revolving loan funds established with proceeds awarded under
sub. (2) (c).
560.135 History
History: 1997 a. 27.
560.14
560.14
Community-based economic development programs. 560.14(1)(a)
(a) "Applicable median household income" means the median family income for the county where the household is located, as determined annually by the U.S. department of housing and urban development.
560.14(1)(b)
(b) "Business incubator" means a person who operates an organization designed to encourage the growth of new businesses, if at least 2 of the following apply:
560.14(1)(b)1.
1. The organization rents space at a rate lower than the market rate in the community.
560.14(1)(b)3.
3. The organization makes available management and technical assistance.
560.14(1)(b)4.
4. Businesses using the organization may obtain financial capital through a direct relationship with at least one financial institution.
560.14(1)(c)
(c) "Community-based organization" means an organization that is involved in economic development and helps businesses that are likely to employ persons.
560.14(1)(f)
(f) "Political subdivision" means a county, city, village or town.
560.14(1)(fm)
(fm) "Small business" means a business that has fewer than 100 full-time employes.
560.14(1)(h)
(h) "Technology-based incubator" means a facility that provides a new or expanding technically oriented business with all of the following:
560.14(2)(a)(a) The department may make a grant to a community-based organization or a political subdivision from the appropriation under
s. 20.143 (1) (fg) to do any of the following:
560.14(2)(a)1.
1. Enable a community-based organization or a political subdivision receiving a grant to develop a plan for diversifying the local or regional economy, attracting new businesses and jobs and promoting economic development.
560.14(2)(a)2.
2. Enable a community-based organization receiving a grant to provide assistance to businesses or entrepreneurs, if the department determines that the entrepreneur or business will provide jobs.
560.14(2)(a)3.
3. Enable a community-based organization receiving a grant to conduct a local economic development project.
560.14(2)(c)
(c) An individual grant under this subsection may not exceed $30,000.
560.14(2)(d)
(d) A grant under this subsection to a political subdivision or community-based organization may not exceed 75% of the total cost of the project for which the grant is made, unless the department determines that the area where the funds will be used is in extreme financial hardship. The department may consider in-kind contributions when determining the total cost of a project under this paragraph.
560.14(3)(a)(a) The department may make grants from the appropriation under
s. 20.143 (1) (fg) to a community-based organization to fund any of the following:
560.14(3)(a)1.
1. The operation of an existing business incubator or technology-based incubator.
560.14(3)(a)2.
2. Technical assistance in the process of starting a business incubator or technology-based incubator, including a feasibility study of the need for and the initial design of the incubator.
560.14(3)(a)3.
3. Starting, expanding or rehabilitating a business incubator or technology-based incubator.
560.14(3)(a)4.
4. The creation of a revolving loan fund for tenants of a business incubator or technology-based incubator.
560.14(3)(b)
(b) The department may not make a grant under this subsection unless all of the following apply:
560.14(3)(b)3.
3. The total amount of grants under this subsection to a community-based organization do not exceed 50% of the total cost of the project for which the grants are made, unless the department determines that the area where the funds will be used is in extreme financial hardship. The department may consider in-kind contributions when determining the total cost of a project under this subdivision.
560.14(3)(b)5.
5. The community-based organization receiving the grant provides a written policy relating to how stable, maturing businesses in the business incubator or technology-based incubator will establish themselves outside of the incubator within a reasonable period of time.
560.14(3)(c)
(c) In making a grant under this subsection, the department shall consider all of the following:
560.14(3)(c)1.
1. The potential of the business incubator or technology-based incubator to help start businesses.
560.14(3)(c)2.
2. The potential of the business incubator or technology-based incubator to provide employment opportunities.
