§ 6060. Receipt, Review and Determinations.
10 CA ADC § 6060Barclays Official California Code of Regulations
10 CCR § 6060
§ 6060. Receipt, Review and Determinations.
(c) The Commission shall review the project information as necessary to determine the compliance of the project with the criteria set forth in Section 91531. The Commission may, however, with regard to the determination of project compliance with the criteria specified in paragraph (b) (3) of Section 91531, accept certifications made by the Authority submitting the project information, bond counsel, purchaser, or such other certifications as the Commission may require for the proposed issuance of bonds in conjunction with the undertaking of he project.
(f) Written notification of the determinations of the Commission shall be given to the Authority and the applicant which submitted the project information. The Commission may, if requested by the Authority submitting the project information (which request shall be accompanied by a written approval of the extension of the period of Commission jurisdiction in making the determinations required by Section 91531), delay the provision of a finding regarding compliance with the criterion set forth in Section 91531(b)(3) until such time as will facilitate the Authority's proposed issuance of bonds.
(i) In addition to the other requirements of the Act, the Commission in reviewing Applications for Financing may take into consideration such factors as: location of the proposed project; nature of the proposed project; time of receipt of request for financing; and any other factors the Commission may deem appropriate. Priority shall be given to projects which achieve maximum realization of public benefit.
Credits
Note: Authority cited: Section 91557, Government Code. Reference: Sections 91501, 91531 and 91536, Government Code.
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 6060, 10 CA ADC § 6060
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