1 Tex. Admin. Code § 4.2 - Military Value/Redevelopment Value Review and Pre-Application Assessment for Funds

(a) The Defense Community shall submit the following information, as applicable, to the Director of the Commission:

(1) with respect to a Defense Community applying for a loan under § 436.153 of the Government Code, a Military Value Enhancement Statement;

(2) with respect to a Defense Community applying for a loan under § 436.1531 or § 436.1532 of the Government Code, an Economic Redevelopment Value Statement; and

(3) with respect to any Defense Community applying for a TMVRLF loan, a pre-application assessment.

(b) The Commission shall review the Military Value Enhancement Statement or Economic Redevelopment Value Statement, as applicable, and perform:

(1) an analysis of the project feasibility; and

(2) an analysis of alternative funding for each project listed.

(c) The Commission shall review the applicant's pre-application assessment.

(d) The Commission shall take into consideration the Military or Defense Value or Redevelopment Value, as applicable, and, by a majority vote, make its recommendation to approve or disapprove the Military Value Enhancement Statement or Economic Redevelopment Value Statement, as applicable.

Notes

1 Tex. Admin. Code § 4.2

The provisions of this §4.2 adopted to be effective October 10, 2010, 35 TexReg 9077; Amended by Texas Register, Volume 41, Number 04, January 22, 2016, TexReg 681, eff. 1/28/2016; Amended by Texas Register, Volume 45, Number 16, April 17, 2020, TexReg 2540, eff. 4/22/2020