Sec. 08.05.01.01. Application

The Rural Legacy Board shall develop an application form for use by sponsors applying for rural legacy area designation and Rural Legacy Program funding. The application shall include:

A. Definitions of key terms;

B. An overview of the rural legacy process;

C. A description of the criteria for the evaluation of applications;

D. A description of the application and review process;

E. A description of acquisition procedures;

F. A description of permitted project costs;

G. A description of the process for the reimbursement or advance payment of project costs;

H. A description of project completion responsibilities;

I. A description of the model system for appraising easement values and the fair market value of fee simple property interests;

J. A description of the process by which transferable development rights may be acquired; and

K. All forms which are required to complete a rural legacy application.