41-1513

41-1513. Development of economic strength
project

A. Each year the department shall develop a priority list of economic strength
projects which meet the criteria established under section 28-7281 and submit the list to
the commerce and economic development commission. The department shall set priorities
for individual projects based on the following:

1. The cost of the project.

2. The number of jobs which the project will cause to be created, retained or
increased.

3. The nature and amount of capital investment or other contribution to the economy
of this state or a local authority as a result of the project.

4. The likelihood that benefits resulting from the project will exceed the costs of
the project.

5. The amount of contributions to the project provided from other than the economic
strength project fund is at least ten per cent of the cost of the project.

6. The amount and percentage of funding for the project which will come from a
source other than the economic strength project fund as compared to other proposed
projects.

7. The amount of expenditures required for local infrastructure relating to the
project.

8. The magnitude of the project and its relative value to this state or a local
authority as compared to other proposed projects.

9. The extent to which the project would contribute to achieving an equitable
distribution of monies and projects among the various regions of this state and
throughout this state as a whole.

10. The specific time schedule for completion of the project.

B. The department shall confer with regional planning agencies and local
authorities which would be affected by a specific economic strength project and shall
submit their comments to the state transportation board.