Description. This type of financial assistance is available for the planning, design, acquisition and construction of a project. The funds for the construction phase of a project will be released only when construction contracts have been executed and the project is ready to proceed. This option is available only when the executive administrator recommends it to the Board based on a preliminary determination that there are no significant permitting, social, contractual, environmental, engineering or financial issues that would make a finding unavailable.

Source Note:The provisions of this §375.14 adopted to be effective September 8, 2010, 35 TexReg 8126.