§ 37-22-8 Application process. – (a) Persons may apply to the board for the development of privately-fundedqualifying projects within the project area. All applications shall beaccompanied by the following material and information, unless waived by theboard, with respect to the project that the private entity proposes to operateas a qualifying project:
(1) A topographic map (1:2,000 or other appropriate scale)indicating the location of the project;
(2) Description of the project, including the conceptualdesign of the project;
(3) A statement setting forth the specific improvements topublic education, public services and infrastructure;
(4) The projected total life-cycle cost of the project, taxpayments, payments in lieu of taxes or including reimbursement for host publicservices and the proposed date for the beginning of and the planned completiondate for the construction of, or improvements required by the project;
(5) A statement setting forth the method by which the privateentity proposes to finance, develop and operate the project;
(6) A statement setting forth the private entity's generalplans for financing and operating the project;
(7) The names and addresses of the persons who may becontacted for further information concerning the request; and
(8) Any additional material and information that the boardmay reasonably request.
(b) The board may grant approval of a qualifying project andenter into a comprehensive agreement, if the board determines that it isconsistent with the plan's principles for the expansion of institutional useand said project includes component(s) that improve public education, publicservices and infrastructure. The board shall also consider fair market value asdefined in 23 U.S.C. section 156 and 23 CFR section 710.403. The director ofthe Rhode Island department of transportation as a member of the board shallissue a report to the board on this subject relative to each individualapplication.
(c) The board may charge a reasonable fee to cover the costsof processing, reviewing and evaluating any application, including withoutlimitation, reasonable attorneys' fees and fees for financial and othernecessary advisors or consultants.
(d) The board shall approve all comprehensive agreements withthe private entities.
(e) In connection with its approval, the board shallestablish a date for the beginning of the qualifying project. The board mayextend this date from time to time.
§ 37-22-8 Application process. – (a) Persons may apply to the board for the development of privately-fundedqualifying projects within the project area. All applications shall beaccompanied by the following material and information, unless waived by theboard, with respect to the project that the private entity proposes to operateas a qualifying project:
(1) A topographic map (1:2,000 or other appropriate scale)indicating the location of the project;
(2) Description of the project, including the conceptualdesign of the project;
(3) A statement setting forth the specific improvements topublic education, public services and infrastructure;
(4) The projected total life-cycle cost of the project, taxpayments, payments in lieu of taxes or including reimbursement for host publicservices and the proposed date for the beginning of and the planned completiondate for the construction of, or improvements required by the project;
(5) A statement setting forth the method by which the privateentity proposes to finance, develop and operate the project;
(6) A statement setting forth the private entity's generalplans for financing and operating the project;
(7) The names and addresses of the persons who may becontacted for further information concerning the request; and
(8) Any additional material and information that the boardmay reasonably request.
(b) The board may grant approval of a qualifying project andenter into a comprehensive agreement, if the board determines that it isconsistent with the plan's principles for the expansion of institutional useand said project includes component(s) that improve public education, publicservices and infrastructure. The board shall also consider fair market value asdefined in 23 U.S.C. section 156 and 23 CFR section 710.403. The director ofthe Rhode Island department of transportation as a member of the board shallissue a report to the board on this subject relative to each individualapplication.
(c) The board may charge a reasonable fee to cover the costsof processing, reviewing and evaluating any application, including withoutlimitation, reasonable attorneys' fees and fees for financial and othernecessary advisors or consultants.
(d) The board shall approve all comprehensive agreements withthe private entities.
(e) In connection with its approval, the board shallestablish a date for the beginning of the qualifying project. The board mayextend this date from time to time.
§ 37-22-8 Application process. – (a) Persons may apply to the board for the development of privately-fundedqualifying projects within the project area. All applications shall beaccompanied by the following material and information, unless waived by theboard, with respect to the project that the private entity proposes to operateas a qualifying project:
(1) A topographic map (1:2,000 or other appropriate scale)indicating the location of the project;
(2) Description of the project, including the conceptualdesign of the project;
(3) A statement setting forth the specific improvements topublic education, public services and infrastructure;
(4) The projected total life-cycle cost of the project, taxpayments, payments in lieu of taxes or including reimbursement for host publicservices and the proposed date for the beginning of and the planned completiondate for the construction of, or improvements required by the project;
(5) A statement setting forth the method by which the privateentity proposes to finance, develop and operate the project;
(6) A statement setting forth the private entity's generalplans for financing and operating the project;
(7) The names and addresses of the persons who may becontacted for further information concerning the request; and
(8) Any additional material and information that the boardmay reasonably request.
(b) The board may grant approval of a qualifying project andenter into a comprehensive agreement, if the board determines that it isconsistent with the plan's principles for the expansion of institutional useand said project includes component(s) that improve public education, publicservices and infrastructure. The board shall also consider fair market value asdefined in 23 U.S.C. section 156 and 23 CFR section 710.403. The director ofthe Rhode Island department of transportation as a member of the board shallissue a report to the board on this subject relative to each individualapplication.
(c) The board may charge a reasonable fee to cover the costsof processing, reviewing and evaluating any application, including withoutlimitation, reasonable attorneys' fees and fees for financial and othernecessary advisors or consultants.
(d) The board shall approve all comprehensive agreements withthe private entities.
(e) In connection with its approval, the board shallestablish a date for the beginning of the qualifying project. The board mayextend this date from time to time.
