The corporation has the following powers, in addition to the other powers that are contained in this chapter:

1. (1) To provide a procedure by which enterprise zones may be monitored and evaluated on an annual basis.
2. (2) To disqualify a zone business from eligibility for any or all of the incentives available to zone businesses.
3. (3) To receive funds from any source and expend the funds for the administration and promotion of the enterprise zone program.
4. (4) To make determinations under IC 6-3.1-11 concerning the designation of locations as industrial recovery sites.
5. (5) To enter into agreements under IC 6-3.1-11 with an applicant for a tax credit under that chapter.

As added by P.L.145-2016, SEC.11. Amended by P.L.204-2016, SEC.9.