S.D. Admin. R. 74:05:10:04

Current through Register Vol. 51, page 67, December 16, 2024

Section 74:05:10:04 - Applications

Applicants shall submit an application to the board on forms obtained from the department. The applicant may arrange with the department for a preapplication conference to provide for orderly application preparation. An application will not be considered by the board until the secretary has determined that the application is complete. A complete application must include the following items, as applicable to the proposal:

(1) Application form;

(2) Project narrative;

(3) Current year budget;

(4) Previous two years of financial statements;

(5) Amortization schedules for all debt pledged to proposed security;

(6) Local government resolution approving signatory of application, agreements, pay requests;

(7) Local government resolution approving current fee structure;

(8) Cooperative agreements with units of local government;

(9) Letters of financial commitment from other federal, state, or local agencies or private resources; and

(10) Business plan.

S.D. Admin. R. 74:05:10:04

17 SDR 7, effective 7/22/1990; 19 SDR 61, effective 10/25/1992; 21 SDR 97, effective 11/28/1994; 28 SDR 95, effective 12/19/2001; 41 SDR173, effective 5/11/2015.

General Authority: SDCL 46A-1-84.

Law Implemented: SDCL 46A-1-82 to 46A-1-84.