1. (a) The executive administrator will prioritize all applications not previously considered by the board on February 1 and August 1 of each year. An application must be submitted by January 1 to be prioritized on February 1. An application must be submitted by July 1 to be prioritized on August 1. The executive administrator will provide the prioritization to the board in February and August of each year.

2. (b) Prior to each board meeting at which applications may be considered, the executive administrator shall:

   1. (1) for each application that the executive administrator has determined is complete, prioritize the applications by the criteria identified in §363.1208 of this title (relating to Prioritization Criteria).
   2. (2) provide to the board a list of all completed applications, the amount of funds requested and the priority of each application received and
   3. (3) identify to the board, the total amount of funds available in the Water Infrastructure Fund for new applications.
3. (c) If there are funds in the Water Infrastructure Fund to fund all or part of any of the projects for which the executive administrator has received completed applications during the preceding six months, the board will first consider any projects that the legislature has determined shall receive priority for financial assistance from the Water Infrastructure Fund. If, after considering projects with legislative priority, there are funds available for other eligible projects in the Water Infrastructure Fund, then the board will consider such other applications received by the executive administrator during the preceding six month period in descending order of priority according to §363.1208 of this title. The board will consider the next application on the list only if there are funds available in the account to fund all or, if acceptable to the applicant, a part of the application.

Source Note:The provisions of this §363.1207 adopted to be effective December 25, 2007, 32 TexReg 9721.