Louisiana Administrative Code
Title 19 - CORPORATION AND BUSINESS
Part III - Financial Assistance Programs
Chapter 25 - Louisiana Competes Regional Economic Development Program-"Louisiana Competes Program"
Section III-2503 - Definitions

Cooperative Endeavor Agreement-that agreement between a regional economic development organization and LED, through which the parties set forth the amount of the grant, the terms, conditions and compliance requirements. Abbreviated as CEA.

Grant-an award from the Louisiana Competes Economic Development Program to a regional economic development organization.

LED-the Louisiana Department of Economic Development.

Louisiana Competes Program-this program, the Louisiana Competes Regional Economic Development Program.

Other Property-property that is not publicly owned, to the extent allowable under Article VII, Section 14 of the Louisiana Constitution or other applicable state law, as approved by LED and subject to §2507.B.2

Public Site-a site which a public entity owns.

Qualified Expenditure-in accordance with R.S. 39:1484, #2107 of these program rules, and as confirmed and approved by LED.

Regional Economic Development Organization-any of the following eight organizations: the Baton Rouge Area Chamber; the Central Louisiana Economic Development Alliance; Greater New Orleans, Inc.; the Northeast Louisiana Economic Alliance; the North Louisiana Economic Partnership; One Acadiana; the South Central Planning and Development Commission; the Southwest Louisiana Economic Development Alliance, or any of their successors. Abbreviated and also known as "REDO",

Secretary-the Secretary of the Department of Economic Development

Site-immovable property, with or without improvements thereon, located in the state.

AUTHORITY NOTE: Promulgated in accordance with R.S. 39:1481 et seq.