Page:United States Statutes at Large Volume 79.djvu/59

 79 STAT. ]

PUBLIC LAW 89-4-IVlAR. 9, 1965

(3) the relative financial resources available to the State or political subdivisions or instrumentalities thereof which seek to undertake the project; (4) the importance of the project or class of projects in relation to other projects or classes of projects which may be in competition for the same funds; (5) the prospects that the project for which assistance is sought will improve, on a continuing rather than a temporary basis, the opportunities for employment, the average level of income, or the economic and social development of the area served by the project. (b) No financial assistance shall be authorized under this Act to be used (1) in relocating any establishment or establishments from one area to another; (2) to finance the cost of industrial plants, commercial facilities, machinery, working capital, or other industrial facilities or to enable plant subcontractors to undertake work theretofore performed in another area by other subcontractors or contractors; (3) to finance the cost of facilities for the generation, transmission, or distribution of electric energy; or (4) to finance the cost of facilities for the production, transmission, or distribution of gas (natural, manufactured, or mixed). TITLE III—ADMINISTRATION LOCAL DEVELOPMENT

DISTRICTS

CERTIFICATION

SEC. 301. For the purposes of this Act, a "local development district" shall be an entity certified to the Commission either by the Governor of the State or States in which such entity is located, or by the State officer designated by the appropriate State law to make such certification, as having a charter or authority that includes the economic development of counties or parts of counties or other political subdivisions within the region. No entity shall be certified as a local development district for the purposes of this Act unless it is one of the following: (1) a nonprofit incorporated body organized or chartered under the law of the State m which it is located; (2) a nonprofit agency or instrumentality of a State or local government; (3) a nonprofit agency or instrumentality created through an interstate compact; or (4) a nonprofit association or combination of such bodies, agencies, and instrumentalities. GRANTS FOR ADMINISTRATIVE E X P E N S E S OF LOCAL DEVELOPMENT DISTRICTS A N D FOR RESEARCH A N D D E M O N S T R. \ T I 0 N PROJECTS

SEC. 302. (a) The Secretary of Commerce is authorized— (1) either directly or through arrangements with the Commission, to make grants for administrative expenses to local development districts. The amount of any such grant shall not exceed 75 per centum of such expenses in any one fiscal year. No grants for administrative expenses shall be made to a local development district for a period in excess of three years beginning on the date the initial grant is made to such development district. The local contributions for administrative expenses may be in cash or in kind, fairly evaluated, including but not limited to space, equipment, and services; and (2) either directly or through arrangements with appropriate public or private organizations (including the Commission), to

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