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Use for 20192020 or 2020 Ups 1(Joint Economic Development District/Joint Economic Development Zone 2 3 AUP Per ATC 105A, 215A & GAGS, April 20214) 5 INDEPENDENT ACCOUNTANTS REPORT ON APPLYING AGREEDUPON
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01
Identify the areas that would benefit from joint economic development districts.
02
Research the legal requirements and guidelines for creating joint economic development districts in your jurisdiction.
03
Gather information about the properties and businesses that would be included in the district.
04
Determine the boundaries and governance structure for the joint economic development district.
05
Develop a plan and budget for the district that includes funding mechanisms and goals for economic development.
06
Consult with stakeholders, such as property owners, businesses, and local government officials, to gather input and support.
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Obtain any necessary approvals or permits from the relevant authorities.
08
Implement the joint economic development district plan, including the collection and allocation of taxes or fees.
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Monitor and evaluate the effectiveness of the joint economic development district, making adjustments as needed.
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Foster ongoing collaboration and communication among stakeholders to ensure the continued success of the joint economic development district.

Who needs joint economic development districts?

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Joint economic development districts can be beneficial for various entities, including:
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Joint economic development districts are areas where two or more local governments collaborate to improve economic development and share resources.
Local governments or municipalities that are interested in developing a collaborative economic development plan may file joint economic development districts.
To fill out joint economic development districts, local governments need to collaborate, establish goals and objectives, designate boundaries, and submit a joint application to the appropriate authorities.
The purpose of joint economic development districts is to promote economic growth, attract businesses, create jobs, and improve infrastructure in collaboration with neighboring municipalities.
Information such as the boundaries of the district, goals and objectives, plans for economic development, shared resources, and any agreements between participating municipalities must be reported on joint economic development districts.
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