MWT-TIF Plan Certification

(1) The municipality or municipalities shall submit the MWT-TIF Plan to the EACC for approval. (2) Nine copies ofthe MWT-TIF Plan shall be submitted to the EACC. On the front cover of each copy the municipality shall clearly identify: the name of the municipality or municipalities submitting the plan; the location of the MWT-TIF Zone; the date of the plan; and the title "Manufacturing Workforce Training Tax Increment Financing Plan." (3) The MWT-TIF Plan may be certified by the EACC as an approved MWT-TIF Plan if the EACC finds, based upon the information submitted and such additional investigation as the EACC may make, that: (a) the plan is consistent with the requirements of 429 CMR 2.05; (b) there is a high likelihood that the MWT-TIF Planwillresult inactualeconomic benefits to the community; and (c) the MWT-TIF Plan supports the public purpose of encouraging increased industrial and commercial activity in the Commonwealth. (4) A MWT-TIF Plan may be amended subject to the approval of the EACC, as required by changing circumstances.