Okla. Admin. Code § 150:10-1-1

Current through Vol. 42, No. 4, November 1, 2024

Section 150:10-1-1 - Purpose; eligible applicants

(a) The purpose of the Industrial Park Program is to establish a method and set of standards by which industrial parks may become voluntarily certified. Such certification process will provide uniformity in the definition of "Industrial Park" so that prospective occupants can be assured of the minimal quality characteristics, services and amenities that an Oklahoma industrial park will provide. Additionally, the Certification of the Department of Commerce will qualify parks as an eligible participant in the Oklahoma Small Business Linked Deposit program created in the Act found at 62 O.S., Section 88.1 et seq.

(b) Eligible applicants are developers whose industrial parks meet the following minimum requirements:

(1) The application form requiring qualifying information and other general information regarding desirable features must be completed and submitted;

(2) The park site must be zoned for industrial use;

(3) Utilities including electrical, gas, telephone and water/sanitary service, must be reasonably accessible to park site;

(4) The community must have a governing board that oversees park development;

(5) A preliminary plat or equivalent, must be prepared and submitted for approval by the governing board;

(6) A minimum of five (5) acres for industrial usage must be set aside for park site; and

(7) A paved all-weather access road to site must be in place or a completed plan, including financing must be available.

Okla. Admin. Code § 150:10-1-1