SECTION 181.6. Consideration of Applications by the Office  


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  • (a) Application forms. Applications shall be filed by applicants on forms prescribed by the Office. Applications and other written communications relating to the program shall be addressed to the attention of the Texas Leverage Fund, Economic Development and Tourism Office, Office of the Governor, P.O. Box 12428, Austin, Texas 78711-2428. Applications shall be as complete as practicable, not requiring addendum in order to be approved. Requests for an application and program guidelines should also be sent to address indicated.

    (b) Assistance. Office staff will be available prior to submission of applications to assist applicants in determining program eligibility.

    (c) Denial of application. The Office may deny applications for program loans for the following reasons:

    (1) The applicant and/or the city do not submit all required information to the Office.

    (2) The applicant and/or the city do not meet the minimum financial criteria established by the Office for program loans under the program guidelines in effect at the time application is made.

    (3) The Office is unable to approve program loans due to unavailability of funding.

Source Note: The provisions of this §181.6 adopted to be effective March 27, 1997, 22 TexReg 2871; amended to be effective December 10, 2001, 26 TexReg 10054; amended to be effective August 5, 2012, 37 TexReg 5730