54-34.3 Division of Economic Development and Finance - North Dakota Statutes

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CHAPTER 54-34.3DIVISION OF ECONOMIC DEVELOPMENT AND FINANCE54-34.3-01.Department of commerce division of economic development andfinance established - Mission.The department of commerce division of economicdevelopment and finance is established to assume the functions, powers, and duties of the
department of economic development and finance with respect to programs and other efforts
intended to enhance the economic development of the state. The mission of the division is to
develop strategies and programs to:1.Facilitate the growth, diversification, and expansion of existing enterprises and the
attraction and creation of new wealth-generating enterprises in the state;2.Promote economic diversification and innovation within the basic industries and
economic sectors of this state, including strategies and programs designed to
specialize and focus the state's economy on identified target industries;3.Promote increased productivity and value-added products, processes, and services
in the state, and the export of those goods and services by North Dakota enterprises
to the nation and to the world;4.Maintain and revitalize economically depressed rural areas by working in close
collaboration with local communities and by encouraging communities to enter into
cooperative relationships for more efficient and effective education, health care,
government service, and infrastructure maintenance;5.Forge a supportive partnership with the Bank of North Dakota, the board of higher
education and the state's institutions of higher education, regional planning councils,
local development organizations and authorities, the state's nonprofit development
corporations, and other appropriate private and public sector organizations in
achieving the economic goals of the state; and6.Identify those statutes, administrative rules, and policies that impede the attraction,
creation, and expansion of businesses and job creation in this state.54-34.3-02. Definitions. As used in this chapter, unless the context or subject matterotherwise requires:1."Department" means the department of commerce.2."Director" means the director of the department of commerce division of economic
development and finance.3."Division" means the department division of economic development and finance.54-34.3-03. Division structure. The division consists of:1.Offices established by statute; and2.Offices the director organizes and establishes as necessary to carry out most
efficiently and effectively the mission and duties of the division.54-34.3-04. Director - Compensation - Duties. A director shall supervise and controlthe division. The director shall:1.Manage the internal operations of the division and establish policies that promote
the orderly and efficient administration of the division;Page No. 12.Appoint personnel as may be determined necessary to carry out this chapter and fix
their compensation within the limits of legislative appropriations;3.Assume central responsibility to develop, implement, and coordinate within state
government a comprehensive program of economic development consistent with the
mission of the division;4.Coordinate that program of economic development with all other appropriate state
and local government departments, agencies, institutions, and organizations that
perform research, develop and administer programs, gather statistics, or perform
other functions relating to economic development, and those government entities
shall advise, cooperate, and provide reasonable assistance to the director in carrying
out this chapter;5.Advise, and cooperate with, departments and agencies of the federal government
and of other states, private business and agricultural organizations and associations,
research institutions, and any individual or other private or public entity, and call
upon those entities or individuals for consultation and assistance in their respective
fields of endeavor or interest in order that the division and the state may benefit from
up-to-date technical advice, information, and assistance;6.Cooperate with individuals and both public and private entities, including the state's
congressional delegation, in identifying and pursuing potential sources of funding
and to receive those funds to be expended for purposes consistent with this chapter;7.Have authority to enter into contracts upon terms and conditions as determined by
the director to be reasonable and to effectuate the purposes of this chapter;8.Identify and coordinate sources of capital and financial assistance, including lending
programs of the Bank of North Dakota, and administer programs of financial
assistance placed under the administration of the division, to business and industry,
local governments, and other entities and individuals in the state consistent with the
mission of the division; and9.Have authority to do any and all other things necessary and proper to carry out this
chapter.54-34.3-05. Finance office. Repealed by S.L. 2009, ch. 480,