Section 8448.1 - Targeted Tax Designation Process(a) The Agency shall designate one Application Area as a Targeted Tax Area provided each of the following requirements is satisfied: (1) A county and/or city(ies) located within the Application Area submits an Application to the Agency pursuant to section 8448.4.(2) The Agency has awarded the Application Area both Conditional and Final Designation status, pursuant to sections 8448.12 and 8448.15.(b) In designating the Targeted Tax Area, the Agency shall compare all of the Applications submitted, and award the Targeted Tax Area designation to the Applicant which proposes the most effective, innovative, and comprehensive programs and incentives to attract private sector investment.Cal. Code Regs. Tit. 25, § 8448.1
1. New section filed 12-17-98; operative 12-17-98 pursuant to Government Code section 11343.4(d) (Register 98, No. 51).
2. Change without regulatory effect renumbering title 10, section 5622.1 to title 25, section 8448.1 and amending section and NOTE filed 7-19-2005 pursuant to section 100, title 1, California Code of Regulations (Register 2005, No. 29). Note: Authority cited: Section 7097(a), Government Code. Reference: Section 7097(a), (d), and (f), Government Code.
1. New section filed 12-17-98; operative 12-17-98 pursuant to Government Code section 11343.4(d) (Register 98, No. 51).
2. Change without regulatory effect renumbering title 10, section 5622.1 to title 25, section 8448.1 and amending section and Notefiled 7-19-2005 pursuant to section 100, title 1, California Code of Regulations (Register 2005, No. 29).