70 : 14 : 01 : 04 . Factors for award. In determining whether to award a loan, the commission shall consider the following factors:
- (1) The availability of other funding for the proposed project;
- (2) The likelihood the proposed project will foster and support economic development;
- (3) Whether a highway emergency exists; and
- (4) The ability of the local government to repay the loan on terms satisfactory to the commission.
Source: 45 SDR 128, effective April 22, 2019.
General Authority: SDCL 31-5-8.
Law Implemented: SDCL 31-5-8. .