Wisconsin Statutes 238.363 – Duties of local governing bodies
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Terms Used In Wisconsin Statutes 238.363
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
(1) If an area nominated by a local governing body is designated as a development zone under s. 238.31, the local governing body shall do all of the following:
(b) Promote economic development within the development zone.
(c) Assist the corporation in the administration of the development zone program.
(4) The local governing body of a 1st class city where a development zone is designated under s. 238.31 (3) (c) 1. shall enter into an agreement with the corporation to provide efficient administration of the development zone program within the development zone.