Illinois Administrative Code
Title 32 - ENERGY
Part 110 - ADMINISTRATION OF THE ILLINOIS INDUSTRIAL COAL UTILIZATION PROGRAM
Section 110.40 - Application
Universal Citation: 32 IL Admin Code ยง 110.40
Current through Register Vol. 47, No. 52, December 29, 2023
a) The application shall be in writing and consist of one (1) original and five(5) copies which shall be submitted to: Manager, Illinois Industrial Coal Utilization Program, Illinois Department of Energy and Natural Resources, 325 W. Adams, Room 300, Springfield, IL 62704.
b) Except as provided in subsection (4) below, each application shall contain categories of information which shall include, but are not limited to, the following:
1) Summary of Proposed Project
A) General description of the Industrial Coal
Project.
B) General description of
the Applicant including a history of the Applicant's present business, number
of employees, days and hours of operation, products, etc., for which the
Industrial Coal Project is to be established.
C) Curriculum vitae of the Applicant's
project manager, and managers of the Project's engineering, construction and
operation.
D) General description
of the Project site.
E) Such plans,
equipment lists or other documents which contribute to an understanding of the
type, structure and general character of the Project.
F) Preliminary engineering and cost estimates
for the development, construction or acquisition of new facilities or the
modification of existing facilities to be accomplished in the Industrial Coal
Project.
G) Estimated Total Project
Cost.
H) Project
schedule.
I) General description of
the expected use of Illinois Coal resulting from the Project, including
estimated annual usage and length of commitment to use Illinois Coal.
J) Methods of handling wastes and compliance
with existing emission standards.
K) Lists of known permits, licenses and other
authorizations as required by governmental agencies or others.
L) Other relevant information which the
Applicant wishes the Department to consider in its review of the
application.
2)
Financial Information
A) Certified financial
statements for the previous three years.
B) Projections and forecasts of the next
three years' profit and loss statements.
C) Financial statement(s) of
Applicant.
D) Curriculum vitae of
President, Vice President, Secretary and Treasurer of Applicant.
E) Proposed financing plan.
i) Percentage of Total Project Cost and
dollar amount to be provided by State Financing.
ii) Percentage of Total Project Cost to be
provided by Additional Financing, identified by source and dollar amount, and
percentage contribution to the Project.
iii) Requested length of term of
loan.
iv) Certification that the
Project would not occur without State Financing.
F) Letter of commitment by Applicant to burn
Illinois Coal for a specified period of time. The Applicant must commit to the
use of Illinois Coal for at least the duration of the loan.
G) Financial evaluation(s) of the Applicant
and Project completed by the provider(s) of Additional Financing, excluding any
confidential business information.
H) Letter of commitment from each provider of
Additional Financing.
I) Statement
of value of any property and improvements thereto provided or to be provided
for the Project by other sources, prepared by an independent Certified Public
Accountant.
J) Other relevant
information.
3)
Certification by Applicant that the information provided is accurate.
4) If the Applicant determines that any of
the application contents, as described in subsections (1) and (2) are
irrelevant or not applicable to the proposed Industrial Coal Project, the
Applicant shall fully explain the reasons for that conclusion.
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