Page:United States Statutes at Large Volume 79.djvu/602

 562

PUBLIC LAW 89-136-AUG. 26, 1965

[79 STAT.

regulation. No area previously designated shall retain its designated status unless it maintains a currently approved overall economic development program in accordance with subsection 202(b) (10). No termination of eligibility shall (1) be made without thirty days' prior notification to the area concerned, (2) affect the validity of any application filed, or contract or undertaking entered into, with respect to such area pursuant to this Act prior to such termination, (3) prevent any such area from again being designated a redevelopment area under section 401 of this Act if the Secretary determines it to be eligible under such section, or (4) be made in the case of any designated area where the Secretary determines that an improvement in the unemployment rate of a designated area is primarily the result of increased employment in occupations not likely to be permanent. The Secretary shall keep the departments and agencies of the Federal Government, and interested State or local agencies, advised at all times of any changes made hereunder with respect to the classification of any area. PART B — E C O N O M I C DEVELOPMENT DISTRICTS

SEC. 403. (a) I n order that economic development projects of broader geographical significance may be planned and carried out, the Secretary is authorized— (1) to designate appropriate "economic development districts" within the United States with the concurrence of the States in which such districts will be wholly or partially located, if— (A) the proposed district is of sufficient size or population, and contains sufficient resources, to foster economic development on a scale involving more than a single redevelopment area; (B) the proposed district contains two or more redevelopment areas; (C) the proposed district contains one or more redevelopment areas or economic development centers identified in an approved district overall economic development program as having sufficient size and potential to foster the economic growth activities necessary to alleviate the distress of the redevelopment areas within the district; and (D) the proposed district has a district overall economic development program which includes adequate land use and transportation planning and contains a specific program for district cooperation, self-help, and public investment and is approved by the State or States affected and by the Secretary; (2) to designate as "economic development centers," in accordance with such regulations as he shall prescribe, such areas as he may deem appropriate, if— (A) the proposed center has been identified and included in an approved district overall economic development program and recommended by the State or States affected for such special designation; (B) the proposed center is geographically and economically so related to the district that its economic growth may reasonably be expected to contribute significantly to the alleviation of distress in the redevelopment areas of the district; and (C) the proposed center does not have a population in excess of two hundred and fifty thousand according to the last preceding Federal census. (3) to provide financial assistance in accordance with the criteria of sections 101, 201, and 202 of this Act, except as may be

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