R357-3-104. Application Content

  (1) In order to determine a company's eligibility for an Economic Development Tax Increment Financing Incentive the company may be required to supply additional information to GOED, which may include:

  (a) balance sheets;

  (b) income statements;

  (c) cash flow statements;

  (d) tax filings;

  (e) market analyses;

  (f) competing states' incentive offers;

  (g) corporate structure;

  (h) workforce data;

  (i) forecasted new state revenue associated with the new commercial project;

  (j) forecasted incremental job creation associated with the new commercial project;

  (k) forecasted wages associated with the new commercial project;

  (l) other information as determined by GOED.

  (2) If a company fails to provide any requested information GOED may deny the application.

  (3) Information provided by the business entity is subject to the Government Records Access and Management Act. The business entity has the option, at its sole discretion and responsibility, to designate what information provided is private or protected subject to Section 63G-2-302 and/or Section 63G-2-305.