Ill. Admin. Code tit. 32, § 110.60 – Determination by the Illinois Coal Development Board | Midpage
§ 110.60
Ill. Admin. Code tit. 32, § 110.60
Determination by the Illinois Coal Development Board
AUTHORITY: Implementing and authorized by the Build Illinois Bond Act [30 ILCS 425].DEPARTMENT OF COMMERCE AND COMMUNITY AFFAIRS
a) The Board shall review the recommendations of the Department and shall have final authority for the approval of State Financing for any Industrial Coal Project. In making its determination, the Board shall consider the recommendations of the Department and its Financial Advisory Committee, and shall utilize the evaluation criteria set forth in Section 110.50 of these rules.
b) The Applicant shall be promptly notified in writing of the Board's determination.