Sec. 05.13.02.07. Applications and Processing

A. Applications shall be made upon standard forms prescribed by the Department. Each application shall include sufficient information and documentation to determine the:

(1) Type of project;

(2) Cost of a project;

(3) Support for a project by a local jurisdiction, the property owners and businesses in a business district, and the community surrounding a business district; and

(4) Type and amount of the local contribution required under Regulation .06A of this chapter.

B. The Department shall undertake a review of each application. The Department shall take the following factors into consideration in reviewing applications:

(1) Cost of a project;

(2) Relationship of a project to existing revitalization programs and plans in the local jurisdiction;

(3) Support of a local jurisdiction for a project;

(4) Support of the business district and the community surrounding a business district for a project;

(5) Time frame for completion of a project;

(6) Benefit of a project to the business district and the surrounding community; and

(7) Other factors which the Department considers relevant.

C. The Director shall recommend grants to the Secretary for approval.

D. Upon the Secretary's approval of a grant, the Director is authorized to issue an award letter to the successful applicant setting forth the amount of the grant.

E. The Department shall enter into a grant agreement with each successful applicant.