- (a) The EA shall submit a summary of applications with recommendations for approval to the Board for consideration at a regularly scheduled public meeting of the Board. The EA shall notify the applicant and other persons who have provided comments of the time and place of such meeting. The Board agenda is published on the Web site at www.twdb.texas.gov.
- (b) Board Review. The Board has discretion to approve, disapprove, amend, or continue consideration of an application. If the Board approves the application, then the eligible applicant will be notified of the amount of funds available and about the deadline for executing a contract with the Board. If the applicant does not enter into a contract by the specified deadline, then the Board's approval expires and no funds will be provided. The applicant may request an extension of time for good cause shown prior to the contract execution deadline.
- (c) Eligible Applicant's Responsibility. The eligible applicant must demonstrate the availability of matching funds when applicable. However, the Board may in its discretion award up to 100% of the necessary and direct costs of the development or revision of a plan.
(d) A contract for regional planning funds shall include:
- (1) a detailed statement of the purpose for which the money is to be used;
- (2) the total amount of money to be paid from the research and planning fund under the contract;
- (3) the time for completion; and
- (4) any other terms and conditions required by the EA or agreed to by the contracting parties.
Source Note:The provisions of this §355.93 adopted to be effective August 12, 2012, 37 TexReg 5795.