Eligible property for the purpose of the SBT credit is designated by the local Brownfield Redevelopment Financing Authority in an approved brownfield plan. This designation must include a description of the eligible property and it's location, the basis of its eligibility, and a summary of the eligible activities and their estimated cost, whether or not Tax Increment Financing will be used. It should also include a description of the planned project or development. Because a project is the total of all eligible investment on an eligible property, only one SBT brownfield project can be approved on a single eligible property as designated in an approved brownfield plan. An existing brownfield plan may be amended to apply to additional parcels of eligible property or to divide a larger eligible property into separate smaller eligible properties.