| (a) Application forms. An applicant seeking a commitment
from the Department shall use the application forms provided by the
Department.
(b) Submission of an application. Applicants are required
to submit the complete application and all required material to the
Department in accordance with the request for applications or other
solicitation. Staff will be available prior to submission of the qualified
application to discuss project eligibility.
(c) Staff Review. Staff will review the application
for completeness and will notify the applicant of any additional information
required. When all required information has been received within the
time set by the Department, staff will evaluate the technical and
feasibility of the project and examine the benefits of the project
for economic growth in the state.
(d) Notification of approval. Upon approval of the
qualified application by the Department, staff will notify the applicant
and execute an Agreement between the applicant and the Department.
(e) Denial of an application. If an application is
denied by the Department, the Department will notify the applicant
in writing identifying the reasons for denial. Applicants who have
been denied may re-apply for participation in the program.
(f) Providing false information. An applicant who knowingly
provides false information in an application is liable to the Department
for any expense incurred by the Department that results from the provision
of false information to the Department. Any financial assistance,
commitment or loan by the Department made as a result of a misrepresentation
or providing false information in an application will be subject to
termination with a requirement for full repayment of any and all proceeds
disbursed to the applicant or Recipient by the Department. In addition,
the Department may pursue any other remedies provided by law.
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