Cal. Code Regs. tit. 25 § 8448.11

Current through Register 2024 Notice Reg. No. 50, December 13, 2024
Section 8448.11 - Economic Development Plan Evaluation
(a) The Agency shall evaluate and assign a numerical score to each Economic Development Plan criteria described in subsections 8448.6(a) through (d), or to the Economic Development Plan as a whole. The following scoring method shall be used:
(1) Excellent: 90% to 100% of the maximum points available for the Economic Development Plan criteria.
(2) Good: 80% to 89% of the maximum points available for the Economic Development Plan criteria.
(3) Fair: 70% to 79% of the maximum points available for the Economic Development Plan criteria.
(4) Satisfactory: 60% to 69% of the maximum points available for the Economic Development Plan criteria.
(5) Fail: zero (0)% to 59% of the maximum points available for the Economic Development Plan criteria.
(b) The Agency shall disqualify from competition an Application that receives a score that is less than sixty percent (60%) of the number of points available for any of the Economic Development Plan criteria described in subsections (b)(1) through (b)(4). The Agency shall award the Conditional Designation to the Final Applicant receiving the highest score.
(1) Marketing the Targeted Tax Area, pursuant to subsection 8448.6(a).
(2) Job development, pursuant to subsection 8448.6(b).
(3) Local incentives, pursuant to subsection 8448.6(c).
(4) Program management, pursuant to subsection 8448.6(d).

Cal. Code Regs. Tit. 25, § 8448.11

1. New section filed 12-17-98; operative 12-17-98 pursuant to Government Code section 11343.4(d) (Register 98, No. 51).
2. Change without regulatory effect renumbering title 10, section 5622.11 to title 25, section 8448.11 and amending section and NOTE filed 7-19-2005 pursuant to section 100, title 1, California Code of Regulations (Register 2005, No. 29).

Note: Authority cited: Section 7097(a), Government Code. Reference: Section 7097(a) and (d), Government Code.

1. New section filed 12-17-98; operative 12-17-98 pursuant to Government Code section 11343.4(d) (Register 98, No. 51).
2. Change without regulatory effect renumbering title 10, section 5622.11 to title 25, section 8448.11 and amending section and Notefiled 7-19-2005 pursuant to section 100, title 1, California Code of Regulations (Register 2005, No. 29).