15 AAC 118.020 - Application procedures
(a) An application
for financial assistance under this chapter must be made under oath as to the
truth and accuracy of its contents.
(b) At the time the applicant initiates the
application process by submitting to the executive director any of the
information required in subsection (c) of this section, the applicant must pay
the application fee and the estimated direct costs of the authority for
evaluating its application. At the discretion of the executive director, a
partial advance payment of the estimated direct costs may be accepted, provided
the applicant agrees to a payment schedule established by the executive
director. All direct costs incurred by the authority must be reimbursed before
the authority will consider the applicant 's bond resolution or, at the
discretion of the authority, the outstanding balance due from the applicant for
these costs may be paid from the financing fee set out under
15 AAC
118.060(a). Direct costs will be
credited against the financing fee paid to the authority under
15 AAC
118.060(a); however, the credit may
not exceed 50 percent of the financing fee. For purposes of this subsection,
the nonrefundable application fee and the annual fee set out under
15 AAC 118.060(b)
are not direct costs.
(c) For
informational purposes and informal review, the executive director shall
receive, acknowledge receipt and notify the authority that an applicant has
initiated the application process. However, the authority will not consider an
application for purposes of acceptance under
15 AAC 118.030 until the executive
director confirms that the following information and data have been received:
(1) the amount and type of financing
requested;
(2) a general
description of the existing and proposed medical facility, the existing and
proposed equipment for the medical facility, and the services offered or to be
offered;
(3) a copy of the
applicant 's current Certificate of Need issued by the Department of Health and
Social Services;
(4) a detailed
description of the projected use of the requested financing;
(5) an opinion of counsel, who must be an
active member in good standing of the Alaska Bar Association, stating that the
proposed financing is for a statutorily authorized purpose of the authority,
and specifying the purpose;
(6) a
statement by applicant that an existing medical facility complies with, or a
proposed medical facility will comply with, all state requirements relating to
public buildings, structures, grounds, works and improvements;
(7) a statement by applicant that all
contract awards will meet the requirements of competitive bidding;
(8) a statement by applicant describing the
status of any application under section 1122 of the 1972 amendments to the
Social Security Act for the applicant 's medical facility or proposed medical
facility;
(9) a nonrefundable
application fee of $1,000;
(10)
unless applicant is an individual, in which case the individual's authorization
is required, a resolution by the board of directors of applicant , signed by the
chairperson and secretary, authorizing a named representative to submit an
application for financing to the authority and to release information and
copies of corporate documents requested or required by the authority or the
executive director of the authority;
(11) the name, address and statements of the
experience of the operator or proposed operator , if other than the applicant ,
of the medical facility or proposed medical facility, in managing or operating
medical facilities;
(12) a
statement by the applicant and operator or proposed operator that under Alaska
law it is authorized to conduct business in Alaska;
(13) statements by the applicant and the
operator or proposed operator that they will individually and jointly abide by
the requirements of AS 18.26 and the regulations adopted under that title and
chapter;
(14) a statement that the
medical facility or proposed medical facility will not be used for any unlawful
purpose;
(15) a letter of
determination from the Internal Revenue Service that the applicant qualifies as
a 501(c)(3) organization under the Internal Revenue Code; and
(16) any additional information or data
requested by the executive director or the authority.
(d) When the executive director determines
that an applicant has complied with the requirements of (a), (b) and (c) of
this section, the executive director shall
(1) request written verification from the
Department of Health and Social Services that the applicant has met all of the
current requirements of AS 18.07, even for those applicants holding a
certificate of need issued under sec. 4 ch. 275, SLA 1976, which exempts
holders from complying with the current requirements for purposes other than
financial assistance from the authority; and
(2) receive and solicit offers for services
from potential financial advisors and other persons helpful or necessary to the
authority's evaluation of an application.
Notes
Authority:AS 18.26.050(4)
AS 18.26.210
AS 18.26.220
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