ARM 36.17.604. APPLICATION OF CRITERIA FOR AWARD OF GRANTS AND LOANS TO PRIVATE APPLICANTS

(1) Funds for private grants are limited by legislative appropriation. (a) Applicants shall request funds for only those projects where need and/or urgency is established. (b) Applicants shall not request grant funding for feasibility studies, research and/or public information efforts. (c) To be recommended for private project grant funds, an application must establish that the applicant is not a public entity; the proposed project is eligible for funding; the proposed project will be technically, financially and environmentally feasible; and the situation if left uncorrected either would create a human health or safety crisis or would cause significant damage to the environment. (2) To be recommended for private project loan funds: (a) an application must establish that the applicant is not a public entity; the proposed project is eligible for funding; and the proposal will be technically, financially and environmentally feasible. (b) the applicant shall provide a current financial statement, budget documentation and other documentation requested by the department to allow a full assessment of financial feasibility; evidence of the applicant's authority to seek loan funding for the proposed project; and a sworn statement that there is no litigation threatened or pending challenging the applicant's authority to undertake the project or to incur the debt.