The sponsor shall, by contract, agree to:
- (1) Pay the cost of any loan initiation plans or investigations necessary for the department to justify making the loan.
- (2) Designate the secretary as the sponsor’s agent and execute an agency agreement.
- (3) Execute a contract of responsibility and performance with the secretary as part of the loan agreement.
- (4) Petition for the relocation order to acquire land under s. 114.33, Stats., if condemnation is required.
History
History: Cr. Register, May, 1982, No. 317, eff. 6-1-82.