Growing Alabama Program is sponsored by Alabama Department of Commerce. Public-private partnership providing grants via state income tax credits for donations to support local industrial site development, infrastructure improvements, and community readiness for economic growth.

> PAGE 1 of 7 – GROWING ALABAMA CREDIT APPLICATION # ALABAMA DEPARTMENT OF COMMERCE # Growing Alabama Credit Application Under the Growing Alabama Act , found in section 40 -18 -417 .

2 (the “Act”) , a n Economic Development Organization (“EDO”) may apply for funding under the Growing Alabama program for the following activities: - Site work and public infrastructure improvements at Industrial Sites, Industrial or Research Parks, and Low-Income Community Census Tracts. - Capital Improvements and Economic Development Activities at Inland Ports or Intermodal Facilities.

- Construction and maintenance of Agricultural Centers. Approved projects are funded through taxpayer cash contributions to the EDO. Taxpayers receive a Growing Alabama tax credit in the amount of their contribution.

Required attachments and definitions are located at the back of this application. Return the signed and completed application, with attachments, to incentives@commerce. alabama.

gov. Section 1.

Economic Development Organization (EDO) Information Legal Name of EDO: _____________________________________________________________ Type of EDO: Local EDO State EDO* * If a State EDO, attach Commerce Determination Letter of State EDO eligibility Address of EDO: _____________________________________________________________ Name of Authorized Contact: _____________________________________________________________ Authorized Contact: Phone Number: _______________ Email: _____________________________ Section 2.

Growing Alabama Qualifying Activity (select one, continued on next page) 1. Site Improvement & Public Infrastructure Industrial Site Industrial Park Low-Income Community Research Park 01/24 > PAGE 2 of 7 – GROWING ALABAMA CREDIT APPLICATION 2. Capital Improvements & Economic Development Activities Intermodal Facility Inland Port 3.

Construction and Maintenance of Agricultural Center Section 3. Growing Alabama Project (A) Name of Commerce Project Manager assigned to project, if any: (B) Describe the qualifying project. If the Growing Alabama project is part of a larger project, describe the complete project and identify what portion is requested to be funded through Growing Alabama.

Site improvement and public infrastructure projects should include the estimated number of jobs, wages and capital investment associated with the project. Attach additional pages as needed. (C) Provide the expected schedule of the project to be undertaken: Commencement date of the project: ________________________ Completion date of the project: ________________________ 01/24 > PAGE 3 of 7 – GROWING ALABAMA CREDIT APPLICATION Section 4.

Growing Alabama Credit (A) Growing Alabama Funding Request: $ _____________________ (B) Provide a narrative describing why the EDO’s project should be funded through the Growing Alabama program. Attach additional pages as needed. (C) In addition to the Growing Alabama funding request, identify the amount and source of other funds requested and/or received to undertake the project.

1. Amount of private funds: $ ____________________ If none: 2. Amount of local funds: $ ____________________ If none: Source of local funds: 01/24 > PAGE 4 of 7 – GROWING ALABAMA CREDIT APPLICATION 3.

Amount of state funds: $ ____________________ If none: Source of state funds (excluding Growing Alabama funding request): 4. Amount of federal funds: $ ____________________ If none: Section 5. Growing Alabama Donations (A) Value of Known Growing Alabama Donations: $ _____________________ The value of known Growing Alabama donations cannot exceed the Growing Alabama Funding Request in Section 4(A).

(B) Provide the amount and source of funding available, in addition to the funding listed in Section 4(C), to fund the project should Growing Alabama donors not provide 100% of the funding requested or should the Growing Alabama scope of the project cost more than expected. If no additional funding is available, indicate accordingly. 01/24 > PAGE 5 of 7 – GROWING ALABAMA CREDIT APPLICATION Section 6.

EDO Certification The undersigned hereby certifies that the EDO has in full force a conflict-of-interest policy consistent with IRS guidance for nonprofit organizations and this Growing Alabama application does not violate the EDO’s conflict of interest policy.

The undersigned hereby affirms that, to the best of my knowledge and belief, the information in this application and any accompanying statement, schedules, and other information is true, correct and complete and that the undersigned is duly authorized to submit this information on behalf of the EDO.

If the EDO is applying for a site work and public infrastructure project, the EDO hereby certifies that the EDO will own the site for the duration of the project and until such time as the site is transferred to an industry or business as described in Code of Alabama § 40-18-372(1).

Signature: __________________________________ Printed Name: __________________________________ Date: __________________________________ I, ________________________________, a Notary Public in and for said County in said State, hereby certify that __________________________________, whose name as __________________ of _________________________________________, an Alabama __________________, is signed to the foregoing instrument and who is known to me, acknowledged before me on this day that, being informed of the contents of said instrument, he, as such officer and with full authority, executed the same voluntarily for and as the act of said corporation.

Given under my hand this the _____________ day of ________, 20____. My commission expires: _____________ 01/24 > PAGE 6 of 7 – GROWING ALABAMA CREDIT APPLICATION Site Improvements & Public Infrastructure Capital Improvements & Economic Development Activities Construction & Maintenance of Agricultural Centers 1. Project Notification X X X 2.

Conflict of Interest Policy X X X 4. Project Site Maps X X X 5. 3 rd -party Contractor Quotes X X X 6.

Past Marketing Efforts X 7. Economic Impact Report X X 1. Project Notification required under Code of Alabama § 41-29-3(a)(2)(f).

2. Proof that the EDO has in full force and effect a conflict-of-interest policy consistent with that found in the instructions to Form 1023 issued by the Internal Revenue Service. 3.

Proof that the EDO owns the project site. 4. Project site maps and/or profiles of the existing project site and renderings of the project site after completion of the Growing Alabama project.

5. Quotes for the completion of such work, following compliance with the procedures set forth by the Department of Economic and Community Affairs, as if the organization were disbursing state funds received from such department. If the quotes are for site improvements and public infrastructure work, the application must include a list of the work needed to make the site acceptable to industry or business.

6. If the application is for an Industrial Site that has been offered to one or more industries or businesses but the offer did not result in the industry or business locating on the site, the application should include a description of past marketing activities and the deficiencies related to the project site. 7.

Economic Impact Reports should include, but not be limited to, the direct and indirect economic impact to the state as well as the accompanying methodology and assumptions.

01/24 PAGE 7 of 7 – GROWING ALABAMA CREDIT APPLICATION # GROWING ALABAMA CREDIT PROGRAM DEFINITIONS AGRICULTURAL CENTER : Multi-use facility and related commercial and noncommercial structures for livestock, equestrian, small animal shows and events, spectator events, trade shows, educational conferences, agricultural and agricultural related industries, educational, demonstrational or training purposes, educational and training conferences or events, recreational vehicle rallies, recreational vehicle multi-day parking, hosting of corporate and non-corporate organization meetings, use as fair grounds, operation of retail activities, and other events and facilities expected to draw participants and spectators from states located across the southeastern United States, with a projected total annual economic impact upon completion of all phases of the agricultural center at least $35,000,000 and with the related and supporting infrastructure and facilities having a projected capital expenditure upon completion of all phases of the agricultural center of at least $100,000,000.

CAPITAL IMPROVEMENTS : Construction and rehabilitation expenses of a capital nature at an inland port or intermodal facility, the dredging of waterways in the immediate vicinity of an inland port, and the expansion of onsite storage facilities at an inland port or intermodal facility. ECONOMIC DEVELOPMENT ACTIVITIES : Activities and initiatives which enhance the use of, and flow of goods through, an inland port or intermodal facility.

ECONOMIC DEVELOPMENT ORGANIZATION : A state or local economic development organization, as defined in this application. GROWING ALABAMA TAX CREDIT : A tax credit that may offset up to 50% of the following tax liabilities: income tax, state portion of the financial institution excise tax, insurance premium tax, state utility license tax.

Donating taxpayers receive a credit equal to their donation and may carry the credit forward for up to five years. INDUSTRIAL OR RESEARCH PARK : Any industrial or research park which needs connections to interstates, highways, roadways, rail systems, or sewer, fiber, electrical, gas, or water.

INDUSTRIAL SITE : Any industrial site that has either: (1) a pending expression of interest from industry or business; or (2) has been offered to one or more industries or businesses but the offer did not result in the industry or business locating on the site. INLAND PORT : Any port on a navigable river away from traditional land, air, and coastal borders.

INTERMODAL FACILITY : Any facility which interconnects two or more different modes of air, rail, or road traffic serving multiple customers, and which involves storage facilities. LOCAL ECONOMIC DEVELOPMENT ORGANIZATION .

Organizations which are determined by the Department of Commerce to meet both of the following criteria: (1) The organization is an Alabama entity not operating for a profit, including, but not limited to, a municipality or county, an industrial board or authority, a chamber of commerce, or some other foundation or Alabama nonprofit corporation charged with improving a community or region of the state.

(2) The organization has a record of supporting or otherwise participating in economic development efforts in some part of Alabama. LOW-INCOME COMMUNITY : New Market Tax Credit census tracts as defined in 26 U.S. Code 45D(e). STATE ECONOMIC DEVELOPMENT ORGANIZATION .

Organizations which are determined by the Department of Commerce to be an Alabama entity not operating for a profit which is charged with improving the state or a region of the state and has a record of supporting or otherwise participating in economic development efforts in the state. A state EDO must confirm eligibility with Commerce prior to applying. A state EDO may apply for the agricultural center only.