To qualify for a grant under this chapter, a redevelopment commission must:

1. (1) submit an application in the form prescribed by the corporation;

2. (2) demonstrate that:

   1. (A) the redevelopment commission has established a technology park; and
   2. (B) the grant being applied for under this chapter will assist the redevelopment commission in accomplishing the goals of the technology park under IC 36-7-32 ; and
3. (3) provide other information required by the corporation.

As added by P.L.4-2005, SEC.34.