Okla. Admin. Code § 150:145-2-2

Current through Vol. 42, No. 7, December 16, 2024

Section 150:145-2-2 - Scoring system

(a) The Department shall develop a scoring system in order to evaluate potential projects which may be eligible for pooled financing from the infrastructure pool. This scoring system shall include, but not be limited to, the following factors:

(1) Capital investment by eligible local governmental entities as defined in 62 O.S. §891.3;

(2) Amount and type of benefit to low and moderate income persons;

(3) Whether or not the improvement will contribute significantly to the safety, health, or welfare of the residents of the area;

(4) Whether or not the area is in a Federally-designated Empowerment Zone or Enterprise Community or Opportunity Zone;

(5) Whether or not the infrastructure improvement would allow the local government entities create jobs;

(6) Whether or not the infrastructure improvement would allow the local governmental entities to retain jobs that would likely be lost without the funds;

(7) Whether or not the infrastructure project provide or significantly improve locally owned broadband internet lines and/or facilities; and

(8) Any other factor(s) deemed relevant by the Department.

(b) This scoring system shall only be used as necessary to prioritize the funding of qualified infrastructure pool projects.

Okla. Admin. Code § 150:145-2-2

Adopted by Oklahoma Register, Volume 37, Issue 24, September 1, 2020, eff. 9/11/2020