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• 5. Economic Development District Qualifications: The district does not meet the qualifications for any other type of district, and the municipality must find that the district will (1) discourage business from moving to another state or municipality; (2) increase employment in the state; or (3) preserve and enhance the tax base of the state. Term and Restrictions: May collect increment for nine years after the date of receipt of the first increment, or eleven years after the date of plan approval, whichever date is first. For districts filed for certification before June 1, 1993, these periods were eight years and ten years, respectively. Increment may not be used to assist developments if more than 15% of the buildings and facilities (on a square footage basis) are used for a purpose other than: (a) manufacturing; (b) warehousing, storage and distribution of tangible personal property (excluding retail sales); (c) research and development related to the aforementioned activities; (d) telemarketing if that activity is the exclusive use of the property; or (e) "tourism facilities;' or space necessary for and related to the above. C. Hazardous Substance Subdistricts Qualifications: Consists of parcels within a TIF District of any kind that are "designated hazardous substance sites" or are contiguous parcels that the authority expects to be developed together with the hazardous substance site. "Designated hazardous substance sites" are parcels for which there is a state- approved "development action response plan," and the authority has entered into an agreement providing for removal actions or otherwise certified that it will finance such removal. Term and restrictions: May collect increment from the subdistrict for up to twenty five years after the date of receipt of the first subdistrict increment. Tax Increment Financing Basics - City of Centerville Page 3