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TITLE 10COMMUNITY DEVELOPMENT
PART 5OFFICE OF THE GOVERNOR, ECONOMIC DEVELOPMENT AND TOURISM OFFICE
CHAPTER 175DEFENSE ECONOMIC READJUSTMENT ZONES
RULE §175.5Application Contents for Designation of Defense Readjustment Projects

  (2) a written certification from the lessee or purchaser on a form to be provided by the Office that the lessee or purchaser will be a qualified business under the Act, §2310.302;

  (3) a letter of commitment from the lessee or purchaser addressed to the readjustment zone governing body or bodies and to the Office like the letter of commitment filed in the original application for project designation by the initial qualified business. The letter should outline any modifications proposed by the lessee or purchaser to the original commitments made by the qualified business holding the project designation, including capital investment and jobs to be created, or retained, as applicable, and a statement as to why the assumption is essential to their operations in the readjustment zone; and

  (4) a copy of the lessee's or purchaser's articles of incorporation filed with the Secretary of State of the State of Texas or the d.b.a. statement under which the business operates and financial statements to satisfy concerns about the ability of the lessee or purchaser to fulfill its commitments.


Source Note: The provisions of this §175.5 adopted to be effective September 15, 1997, 22 TexReg 8961; amended to be effective August 5, 2012, 37 TexReg 5729

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