- (a) The Commission may develop a formal application form to be included in the formal application process to assist in the evaluation of the grant submission. The application may require certain attachments and certifications.
(b) At a minimum the application for funds will include:
(1) a summary overview of the use of the funds:
- (A) a general description of the project to be financed;
- (B) an analysis of the importance of the project in the overall reuse or redevelopment plan of the defense site and the surrounding community;
- (C) the total amount of state grant assistance required and partners involved in financing the project, along with their respective shares; and
- (D) the total number of jobs to be created or retained as a result of the project.
- (2) a brief summary of the event(s) that qualify the local government, under the eligibility criteria described above, to apply for the grant program; and
(3) an impact statement detailing the adverse or positive effect caused by the event(s) described in §4.32(a) of this title (relating to Eligibility for Funds) on the local governmental entity to include:
- (A) a brief analysis of the loss or gain of defense worker jobs and the impact of job loss or gain on total employment within the governmental entity, to include total number of defense worker jobs lost or gained or predicted to be lost or gained and current and projected changes in the unemployment rate;
- (B) an analysis of the impact of the event on the economy of the community or region; and
- (C) a completed Environmental Impact Statement, if available.
(4) a detailed description of the projected use of funds to allow determination of project eligibility for funding to include, as appropriate:
- (A) a preapplication for federal funds, if state funds are to be part of a local share. It is not necessary to receive final approval for federal grants to apply for state funds under this program;
- (B) a description of property to be purchased from the Department of Defense or its agent;
- (C) a description of new construction, rehabilitation or renovation of facilities or infrastructure;
- (D) a description of capital equipment to be purchased or a description of equipment to be purchased or leased for training purposes; and
- (E) a description of insurance to be purchased, including type and coverage limits.
(5) a financial plan for the project detailing the following:
- (A) breakdown of project costs;
- (B) funding sources for the project and percentage contribution; and
- (C) certification for state funding where the state is the sole partner in financing a project or in cases where the local governmental entity is requesting state participation in excess of a 50% share.
(6) a summary of the extent to which the local governmental entity has used its existing resources to promote local economic development, including:
(A) brief description of past general local economic development efforts which may include:
- (i) adoption of an economic development sales tax;
- (ii) establishment and financing of a local industrial development corporation; and
- (iii) use of the Texas Capital Fund, Texas Leverage Fund and local economic development bond initiatives.
(B) a summary of current efforts to support redevelopment necessary to promote private investment and create or retain jobs in the area, including:
- (i) financing of capital improvement projects and equipment;
- (ii) support of site operations and maintenance;
- (iii) availability of tax incentives and/or establishment of a defense readjustment zone or enterprise zone; and
- (iv) local funding constraints.
- (7) the amount money previously received under this program and number of applications submitted;
- (8) the anticipated number of permanent jobs and the economic benefit to the community if the application is successful and the project is funded. If the application includes renovation or construction, interim jobs should be included and referred to as interim jobs; and
- (9) name and contact information for person responsible for the grant application.
Source Note:The provisions of this §4.35 adopted to be effective September 13, 2007, 32 TexReg 6127.