SB45,2448 Section 2448. 238.127 (1) (a) of the statutes is renumbered 238.127 (1) (bm) and amended to read:

SB45,1225,12 238.127 (1) (bm) “Business area” means a commercial area existing at the time services under the state main street program are requested and having historic significance downtown area or historic commercial district.

SB45,2449 Section 2449. 238.127 (1) (b) of the statutes is renumbered 238.127 (1) (am) and amended to read:

SB45,1225,16 238.127 (1) (am) “Municipality Applicant” means a city, village or, town, tribal government, chamber of commerce, or nonprofit organization.

SB45,2450 Section 2450. 238.127 (2) (intro.) of the statutes is amended to read:

SB45,1225,23 238.127 (2) (intro.) The corporation shall establish and administer a state main street program to coordinate state and local participation in programs offered by the national main street center, created by the national trust for historic preservation, to assist municipalities applicants in planning, managing and implementing programs for the revitalization of business areas. The corporation shall do all of the following:

SB45,2451 Section 2451. 238.127 (2) (a) of the statutes is repealed.

SB45,2452 Section 2452. 238.127 (2) (c) of the statutes is repealed.

SB45,2453 Section 2453. 238.127 (2) (d) of the statutes is amended to read:

SB45,1226,5 238.127 (2) (d) Coordinate with other state and local public and private entities which provide services to municipalities applicants undertaking projects for the revitalization of business areas.

SB45,2454 Section 2454. 238.127 (2) (e) of the statutes is amended to read:

SB45,1226,16 238.127 (2) (e) Annually select, upon application, up to 5 municipalities applicants to participate in the state main street program. The program for each municipality applicant shall conclude after 3 years, except that the program for each municipality applicant selected after July 29, 1995, shall conclude after 5 years. The corporation shall select program participants representing various geographical regions and populations. A municipality An applicant may apply to participate, and the corporation may select a municipality an applicant for participation, more than one time. In selecting a municipality an applicant, however, the corporation may give priority to those municipalities applicants that have not previously participated.

SB45,2455 Section 2455. 238.127 (2) (f) (intro.) of the statutes is amended to read:

SB45,1226,20 238.127 (2) (f) (intro.) For use in selecting the participants in the state main street program under par. (e), develop objective criteria relating to evaluate and consider at least the following issues:

SB45,2456 Section 2456. 238.127 (2) (f) 1. of the statutes is amended to read:

SB45,1226,23 238.127 (2) (f) 1. Private and public sector interest in and commitment to revitalization of a business area selected by the municipality applicant.

SB45,2457 Section 2457. 238.127 (2) (f) 2. of the statutes is amended to read:

SB45,1227,2 238.127 (2) (f) 2. Potential private sector investment in a business area selected by the municipality applicant.

SB45,2458 Section 2458. 238.127 (2) (f) 3. of the statutes is repealed.

SB45,2459 Section 2459. 238.127 (2) (f) 3m. of the statutes is created to read:

SB45,1227,6 238.127 (2) (f) 3m. Potential to retain small businesses in the business area selected by the applicant.

SB45,2460 Section 2460. 238.127 (2) (f) 4. of the statutes is repealed.

SB45,2461 Section 2461. 238.127 (2) (f) 4m. of the statutes is created to read:

SB45,1227,10 238.127 (2) (f) 4m. Potential to attract new businesses to the business area selected by the applicant.

SB45,2462 Section 2462. 238.127 (2) (f) 5. of the statutes is repealed.

SB45,2463 Section 2463. 238.127 (2) (f) 5m. of the statutes is created to read:

SB45,1227,14 238.127 (2) (f) 5m. Potential to generate new economic activity and grow the tax base in the business area selected by the applicant.

SB45,2464 Section 2464. 238.127 (2) (f) 6. of the statutes is created to read:

SB45,1227,17 238.127 (2) (f) 6. Potential to create employment opportunities in the business area selected by the applicant.