(1) The department will certify the base taxable value of a newly created TEDD if the department determines that the following information exists and has been provided to the department:

(a) a copy of the local government's finding that the property within the TEDD consists of a continuous area with an accurately described boundary;

(b) a copy of the local government's finding that the area within the TEDD is large enough to host a diversified base of multiple independent tenants;

(c) a copy of the local government's finding that the zoning within the TEDD is in accordance with the local government's growth policy as defined in 76-1-103, MCA;

(d) a copy of the local government's growth policy;

(e) a copy of the local government's finding that the property within the TEDD is not included within an existing tax increment financing district;

(f) a copy of the local government's finding, adopted prior to the creation of the TEDD, that the area within the TEDD is deficient in infrastructure necessary to encourage and retain value-adding industry;

(g) copies of all documentation upon which the local government's finding of deficiency was based;

(h) a copy of the local government's comprehensive development plan that:

(i) was adopted prior to the creation of the TEDD;

(ii) identifies the use and purpose for which the TEDD was created;

(iii) ensures that the area within the TEDD is large enough to host a diversified base of multiple tenants and was not designed to serve the need of a single tenant; and

(iv) is in conformance with the local government's growth policy;

(i) a copy of the notice of public hearing published in accordance with 7-1-2121, MCA, for counties or with 7-1-4127, MCA, for municipalities;

(j) a certified copy of the ordinance approving the TEDD and the tax increment financing provision pursuant to 7-15-4284, MCA;

(k) a map representing the TEDD's boundary including a legal description of the TEDD;

(l) the name of the TEDD; and

(m) a list of the geocodes for all real property, the assessor codes for all personal property, and a description of all centrally assessed property located within the TEDD at the time of its creation.

(2) The local government that has created the TEDD will provide the information described in (1) to the department when it notifies the department that the TEDD has been created.