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An applicant for an SSRP award must be an eligible applicant. An eligible applicant means one or more the following:
End user means with respect to a site that is the subject of SSRP application, the person, either directly or through an affiliate, that will establish and operate the manufacturing or other commercial enterprise that constitutes the end use of the improved site.
Eligible Activities mean one or more of the following for an applicable site:
Strategic site means a site, whether publicly or privately owned, that is, or subsequent to a proposed acquisition will be, used for manufacturing or another commercial use.
A mega-strategic site means a strategic site that is or will be used for a large industrial site.
Qualified job means a job performed by an individual who is a resident of this state whose Michigan income taxes are withheld by an employer, or an employee leasing company or professional employer organization on behalf of the employer, or by an individual who is not a resident of this state and is employed by a business at a project location that is located in this state, as determined and verified by the MSF.
The SSRP shall have an application, approval, and compliance process in a form and manner determined by MSF, that shall be published and available on the MSF website, which at a minimum, shall include separate application criteria for mega-strategic sites, strategic sites and landfill facilities, and for sites that have a specifically identified end user and those that do not.
General Criteria for Consideration of all SSRP Awards:
To the extent reasonably applicable as reasonably determined by the MSF board to the type of project proposed, the MSF shall consider and document at least all of the following criteria for all SSRP awards before entering into a written agreement:
Specific Criteria for a Strategic Site Where an End User Has Not Been Identified
For a strategic site for which an end user has not been specifically identified, the MSF shall consider and document as reasonably determined by the MSF:
Specific Criteria for a Mega-Strategic Site where an End User Has Not Been Identified
For a mega-strategic site for which an end user has not been specifically identified, the MSF shall consider, and document as reasonably determined by the MSF:
In making an award for a mega-strategic site without a specifically identified end user, the MSF, working in collaboration with the eligible applicant, shall prepare a mega-strategic site investment strategy and spending plan that details the sequence and cost of anticipated investments in the selected site, the benchmarks for bringing the mega-strategic site to a marketable condition, and the marketing strategy for the mega-strategic site. Each plan must have the objective of establishing a certified mega-strategic site under a nationally recognized third-party certification program.
Specific Criteria for a Strategic Site and a Mega-Strategic Site Where an End User Has Been Identified:
For a strategic site and a mega-strategic site for which an end user has been specifically identified, the MSF shall consider, and document as reasonably determined by the MSF:
Specific Criteria for landfill facilities redevelopment for future economic development, the Michigan Strategic Fund shall give priority to projects that meet all of the following criteria:
All MSF support is subject to available funding, completion of due diligence the results of which are satisfactory to the MEDC, and shall be memorialized by a final written agreement, with terms and conditions relating to the award as determined by the MSF board, in accordance with state law, these guidelines and otherwise satisfactory to the MSF, including, without limitation:
Provided however, notwithstanding any of the above, the MSF may make grants and provide technical assistance to local economic development corporations for the purpose of creating an inventory of development-ready sites, provided that the inventory shall utilize nationally recognized criteria to identify the readiness of those sites for investment, and provided further, the MSF shall maintain a comprehensive inventory of these sites in its website, including in an interactive and user-friendly manner a listing of all local and state development ready sites with pictures, maps and documentation related to those sites.
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