Section 951.8. Additional requirements for applications for port facility loans

In addition to that information necessary under 32 Pa.C.S. 7514 (relating to application requirements and criteria for obtaining loan), the applicant shall provide all of the following unless expressly waived by the Board:

(1) A copy of plans and specifications for the project, including copies of all necessary permits issued by the appropriate authorities.

(2) A description of the major tasks necessary to implement the project, the time schedule, and the persons responsible for each task.

(3) A detailed budget for the proposed project, including specific cost components to accommodate determination of eligible costs for the project.

(4) A statement of approval from the governing port authority and regional planning commission certifying that the proposed project is consistent with current development plans.

(5) A financial statement prepared by public accountants covering the applicant’s activity for the 3 years prior to the date of application.

Notation

Cross References

This section cited in 25 Pa. Code § 951.9 (relating to application procedure).