Iowa Admin. Code r. 261-200.4 - Preapplication process
(1)
Purpose. The program includes a preapplication process to
assist with the administration and implementation of the program . The purposes
of the preapplication process are to provide information related to the
requirements of this chapter, to determine the interest of municipalities in
establishing districts under this chapter, including the amount of potential
funding requests, and to assist municipalities in preparing a proposed district
plan. The authority and the board will utilize the preapplication process to
gauge the level of demand for funding under the program , accept initial project
plans and requests for funding, make provisional determinations about the
amount of maximum benefits, and notify applicants of the board 's provisional
funding decisions. While all funding decisions made during the preapplication
process are provisional and subject to change, the process is intended to
indicate the board 's willingness to approve future financial assistance for
projects that meet the requirements of this chapter.
(2)
Preapplication required.
The board will only approve a proposed district plan if that plan has been
submitted during the annual filing window as described in this rule.
(3)
Annual filing window.
Each year that funding is available, the authority will announce an annual
filing window to accept preapplications under the program . The purpose of the
annual filing window is to enable the competitive scoring of applications and
facilitate funding decisions by the board that are within the limitations
established for the program by the general assembly. A municipality interested
in applying to the program must submit a preapplication during the annual
filing window or wait until the next annual filing window.
(4)
Preapplication submission
requirements. Each preapplication submission shall demonstrate
compliance with the requirements listed in rule
261-200.5 (15J) to the greatest
extent possible. While the preapplication process is provisional in nature and
is designed to allow applicants to make reasonable changes to the proposed
district plan before a final application is considered, the board is more
likely to approve funding for proposed districts that meet all requirements of
rule 261-200.5 (15J) during the
preapplication process.
(5)
Provisional funding decisions.
a. The board , with the assistance of the
authority , will evaluate the preapplications and assign them a provisional
score based on the criteria described in rule
261-200.6 (15J). Based on the
results of the scoring, the board will make provisional funding decisions and
notify applicants.
b. A provisional
funding decision represents an initial judgment by the board about the merits
of a proposed district plan and is provided for the convenience of both
applicants and the board for the better administration of the program . A
provisional funding decision shall not be construed as binding on the board nor
will the applicant be required to meet all of the details contained in the
preapplication. A provisional funding decision shall not be construed as a
final approval by the board . A municipality shall not adopt an ordinance or
resolution establishing a district based on a provisional funding
decision.
c. The final details of a
proposed district plan and a final funding decision, including a maximum
benefit amount and a commencement date , shall be contingent upon the receipt of
a full, final, and complete application and upon final action by the board to
ratify, amend, defer, or rescind its provisional funding decision as provided
in rule 261-200.7 (15J).
d. The department of revenue will not deposit
moneys into a fund until a final application is approved by the board and an
ordinance or resolution has been adopted by the municipality .
(6)
Posting of
preapplication and materials to Internet site . After the board makes a
provisional funding decision, the proposed district plan, along with all
accompanying materials, will be posted on the authority 's Internet site for
public viewing within ten days of approval by the board and will be available
there until the final application is submitted, or for one year.
Notes
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