[§209E-12] Local incentives. (a) In applying for designation as an enterprise zone, the applying county may propose local incentives, including, but not limited to:

(1) Reduction of permit fees;

(2) Reduction of user fees; and

(3) Reduction of real property taxes.

(b) The application also may contain proposals for regulatory flexibility, including, but not limited to:

(1) Special zoning districts;

(2) Permit process reform;

(3) Exemptions from local ordinances; and

(4) Other public incentives proposed in the locality's application, which shall be binding upon the locality upon designation of the enterprise zone. [L 1986, c 78, pt of §1]

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