Ill. Admin. Code tit. 32 § 110.40

Current through Register Vol. 48, No. 45, November 8, 2024

Section 110.40 - Application

a) The application shall be in writing and consist of one (1) original and five(5) copies which shall be submitted to: Manager, Illinois Industrial Coal Utilization Program, Illinois Department of Energy and Natural Resources, 325 W. Adams, Room 300, Springfield, IL 62704.

b) Except as provided in subsection (4) below, each application shall contain categories of information which shall include, but are not limited to, the following:

1) Summary of Proposed Project

A) General description of the Industrial Coal Project.

B) General description of the Applicant including a history of the Applicant's present business, number of employees, days and hours of operation, products, etc., for which the Industrial Coal Project is to be established.

C) Curriculum vitae of the Applicant's project manager, and managers of the Project's engineering, construction and operation.

D) General description of the Project site.

E) Such plans, equipment lists or other documents which contribute to an understanding of the type, structure and general character of the Project.

F) Preliminary engineering and cost estimates for the development, construction or acquisition of new facilities or the modification of existing facilities to be accomplished in the Industrial Coal Project.

G) Estimated Total Project Cost.

H) Project schedule.

I) General description of the expected use of Illinois Coal resulting from the Project, including estimated annual usage and length of commitment to use Illinois Coal.

J) Methods of handling wastes and compliance with existing emission standards.

K) Lists of known permits, licenses and other authorizations as required by governmental agencies or others.

L) Other relevant information which the Applicant wishes the Department to consider in its review of the application.

2) Financial Information

A) Certified financial statements for the previous three years.

B) Projections and forecasts of the next three years' profit and loss statements.

C) Financial statement(s) of Applicant.

D) Curriculum vitae of President, Vice President, Secretary and Treasurer of Applicant.

E) Proposed financing plan.

i) Percentage of Total Project Cost and dollar amount to be provided by State Financing.

ii) Percentage of Total Project Cost to be provided by Additional Financing, identified by source and dollar amount, and percentage contribution to the Project.

iii) Requested length of term of loan.

iv) Certification that the Project would not occur without State Financing.

F) Letter of commitment by Applicant to burn Illinois Coal for a specified period of time. The Applicant must commit to the use of Illinois Coal for at least the duration of the loan.

G) Financial evaluation(s) of the Applicant and Project completed by the provider(s) of Additional Financing, excluding any confidential business information.

H) Letter of commitment from each provider of Additional Financing.

I) Statement of value of any property and improvements thereto provided or to be provided for the Project by other sources, prepared by an independent Certified Public Accountant.

J) Other relevant information.

3) Certification by Applicant that the information provided is accurate.

4) If the Applicant determines that any of the application contents, as described in subsections (1) and (2) are irrelevant or not applicable to the proposed Industrial Coal Project, the Applicant shall fully explain the reasons for that conclusion.

Ill. Admin. Code tit. 32, § 110.40