Texas Administrative Code
Title 1 - ADMINISTRATION
Part 1 - OFFICE OF THE GOVERNOR
Chapter 4 - TEXAS MILITARY PREPAREDNESS COMMISSION
Subchapter A - TEXAS MILITARY VALUE REVOLVING LOAN FUND PROGRAM
Section 4.2 - Military Value/Redevelopment Value Review and Pre-Application Assessment for Funds
Universal Citation: 1 TX Admin Code ยง 4.2
Current through Reg. 49, No. 38; September 20, 2024
(a) The Defense Community shall submit the following information, as applicable, to the Director of the Commission:
(1) with respect
to a Defense Community applying for a loan under §
RSA 436.153 of the
Government Code, a Military Value Enhancement Statement;
(2) with respect to a Defense Community
applying for a loan under §
RSA 436.1531 or
§
RSA 436.1532 of the
Government Code, an Economic Redevelopment Value Statement; and
(3) with respect to any Defense Community
applying for a TMVRLF loan, a pre-application assessment.
(b) The Commission shall review the Military Value Enhancement Statement or Economic Redevelopment Value Statement, as applicable, and perform:
(1) an analysis of
the project feasibility; and
(2) an
analysis of alternative funding for each project listed.
(c) The Commission shall review the applicant's pre-application assessment.
(d) The Commission shall take into consideration the Military or Defense Value or Redevelopment Value, as applicable, and, by a majority vote, make its recommendation to approve or disapprove the Military Value Enhancement Statement or Economic Redevelopment Value Statement, as applicable.
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