74:05:10:04Applications.

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, and 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.

Source: 17 SDR 7, effective July 22, 1990; 19 SDR 61, effective October 25, 1992; 21 SDR 97, effective November 28, 1994; 28 SDR 95, effective December 19, 2001; 41 SDR 173, effective May 11, 2015.