Source: https://app.leg.wa.gov/WAC/default.aspx?cite=399-30-040
Timestamp: 2019-12-12 16:30:28
Document Index: 362080555

Matched Legal Cases: ['§ 399', '§ 399', '§ 399', '§ 399', '§ 399', '§ 399', '§ 399', '§ 399', '§ 399', '§ 399', '§ 10', '§ 399']

WAC 399-30-040:
WACs > Title 399 > Chapter 399-30 > Section 399-30-040
399-30-034 << 399-30-040 >> 399-30-042
PDFWAC 399-30-040
Application evaluation procedure and board deliberations—Construction and preconstruction loan programs.
(1) The board will consider and prioritize, or disapprove, all applications for financial assistance at regular or special meetings of the board. The applicant will be notified of meetings at which its application will be considered.
(2) Applications will be evaluated and prioritized in accordance with the following procedures:
(a) Staff will log in all applications as received.
(b) Staff will review all applications for compliance with the minimum qualification requirements of WAC 399-30-030(2). Jurisdictions whose applications do not meet the minimum qualification requirements will be notified in writing of the disqualification.
(c) Staff will perform an evaluation of all applications which meet the requirements of WAC 399-30-030(2). Applications will be scored according to responses in the application developed and approved by the board.
(d) Staff will provide the board with evaluation and scoring of the applications. All application materials will be available to the board for their deliberations. The board will approve a ranked list of projects based on the information provided to them by the staff and the applications.
(e) The board may adjust the ranked list in consideration of the following factors:
(i) Geographical balance;
(ii) Economic distress;
(iii) Type of projects;
(iv) Type of jurisdiction;
(v) Past management practices of the applicant, including, but not limited to, late loan payments, loan defaults, audit findings, or inability to complete projects within the time allowed by loan agreement;
(vi) Other criteria that the board considers advisable.
(f) Staff will verify critical information on each project as required by the board.
(g) In order to ensure fairness to all jurisdictions with applications pending before the board, the board will not accept oral or written testimony from any applicant while deliberating loan priorities, other than specific responses to information requests initiated by the board as provided in (h) of this subsection.
(h) The board may consult with officials of jurisdictions having projects submitted for funding on any issue it wishes to address.
(3) Applicants will be notified in writing of board decisions.
[Statutory Authority: RCW 43.155.040(4). WSR 09-04-100, § 399-30-040, filed 2/4/09, effective 3/7/09; WSR 07-05-029, § 399-30-040, filed 2/13/07, effective 3/16/07. Statutory Authority: RCW 43.155.040(5). WSR 01-09-014, § 399-30-040, filed 4/6/01, effective 5/7/01. Statutory Authority: RCW 43.155.040 (4) and (5). WSR 98-24-010, § 399-30-040, filed 11/19/98, effective 12/20/98. Statutory Authority: RCW 43.155.040(4). WSR 95-11-093, § 399-30-040, filed 5/19/95, effective 6/19/95; WSR 93-22-015, § 399-30-040, filed 10/26/93, effective 11/26/93; WSR 92-03-052, § 399-30-040, filed 1/13/92, effective 2/13/92. Statutory Authority: RCW 43.155.040. WSR 88-10-009 (Order 88-02), § 399-30-040, filed 4/22/88; WSR 87-17-013 (Order 87-16), § 399-30-040, filed 8/10/87; WSR 86-18-009 (Resolution No. 86-12), § 399-30-040, filed 8/21/86. Statutory Authority: 1985 c 446 § 10. WSR 86-03-051 (Resolution No. 85-17), § 399-30-040, filed 1/15/86.]