(a) Applications for corridor or district designation must be evaluated by the Cabinet Committee on State Planning Issues, which shall recommend to the Governor those applications with the greatest potential for accomplishing the purposes of this chapter.
(b) On receipt from the Committee of any recommended application, the Governor may do any of the following
(1) Designate immediately the recommended area as a corridor or district.
(2) Designate the recommended area as a corridor or district effective 1 year from the date of the determination by the Governor.
(3) Deny the application.
(c) [Repealed.]