SECTION 363.32. Action of the Board on Application

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At the conclusion of the meeting to consider the project, the board may resolve to approve, disapprove, approve with conditions, including requiring the applicant to retain professional project management assistance, or continue consideration of the application. A commitment will include a date after which the financial assistance will no longer be available unless extended by the board. The board may make any changes in the original commitment at the time of extension.

Source Note: The provisions of this §363.32 adopted to be effective July 19, 1991, 16 TexReg 3768; amended to be effective December 7, 1999, 24 TexReg 10882; amended to be effective December 25, 2007, 32 TexReg 9721

                    
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