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8805.0300 APPLICATION INFORMATION.

Subpart 1.

Application needed.

An applicant must complete an application for a loan from the fund. Application forms can be obtained from Mn/DOT, Office of Investment Management, 395 John Ireland Boulevard, Saint Paul, Minnesota 55155.

Subp. 2.

Application information.

In addition to the information listed in Minnesota Statutes, section 446A.085, subdivision 7, information requested from the applicant shall include:

A.

the nature and purpose of the project, including the need for the project and the reasons why the project is in the public interest; and

B.

other information the commissioner may require to evaluate the project for certification and related to the information listed in part 8805.0400.

Subp. 3.

Application review.

The commissioner shall review all completed applications upon receipt. The commissioner shall evaluate proposed projects based on the information listed in part 8805.0400 and Minnesota Statutes, section 446A.085, subdivision 8. The commissioner shall make a decision concerning the certification of the proposed project according to the procedures set forth in part 8805.0500.

Statutory Authority:

MS s 446A.085

History:

23 SR 1426

Published Electronically:

October 22, 2003