South Dakota Administrative Rules
Title 70 - Department of Transportation
Article 70:05 - State Railroad Board
Chapter 70:05:03 - Railroad trust fund loans
Section 70:05:03:03 - Application requirements
Current through Register Vol. 50, page 114, March 25, 2024
The department shall provide application forms to applicants. The application must be complete before it is processed. Applications must include the following information:
(1) The applicant's name and address;
(2) A detailed description of the proposed railroad project;
(3) The names and addresses of the proposed rail operator and any other benefitted entity;
(4) Articles of incorporation and bylaws or other agreements that describe the legal operation or structure of the regional railroad authority;
(5) A statement that addresses the economic benefit of the project;
(6) Assurance of compliance with local zoning laws and building codes;
(7) The approximate project commencement date, the completion date, and the date by which the project will be fully operational;
(8) Any other information requested by the department or the board to make a sound loan decision.
General Authority: SDCL 49-16C-3.
Law Implemented: SDCL 49-16C-3.
