S.D. Admin. R. 70:14:01:04

Current through Register Vol. 51, page 54, October 28, 2024

Section 70:14:01:04 - Factors for award

In determining whether to award a loan, the commission shall consider the following factors:

(1) The availability of other funding for the proposed project;

(2) The likelihood the proposed project will foster and support economic development;

(3) Whether a highway emergency exists; and

(4) The ability of the local government to repay the loan on terms satisfactory to the commission.

S.D. Admin. R. 70:14:01:04

45 SDR 128, effective 4/22/2019