<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".09" citation="COMAR 24.05.01.09" title_num="24" subtitle_num="05" chapter_num="01" heading="Redesignation of Enterprise Zones.">
  <paragraph num="A.">
    <text>Upon application, the Secretary may permit redesignation of all or a portion of a designated enterprise zone.</text>
  </paragraph>
  <paragraph num="B.">
    <text>Application Procedure.</text>
    <paragraph num="(1)">
      <text>To apply for redesignation, the appropriate political subdivision shall file a complete application showing that the proposed zone meets all the requirements for a new zone.</text>
    </paragraph>
    <paragraph num="(2)">
      <text>A redesignation application shall also include the following information:</text>
      <paragraph num="(a)">
        <text>An evaluation of the history and benefits of the existing zone;</text>
      </paragraph>
      <paragraph num="(b)">
        <text>An explanation of why portions of the existing enterprise zones are included in the redesignation request; and</text>
      </paragraph>
      <paragraph num="(c)">
        <text>A comparison of the economic development strategy for the redesignation application with that of the existing zone.</text>
      </paragraph>
    </paragraph>
  </paragraph>
  <paragraph num="C.">
    <text>A political subdivision may request redesignation of all or a portion of the designated zone before the end of the 10-year designation period. The new 10-year designation period shall, however, begin immediately upon the redesignation by the Secretary, within 60 days following the submission date, rather than at the end of the original 10-year term.</text>
  </paragraph>
</regulation>