Current through 2025-03, January 15, 2025
Section 498-23-8 - Application ProcessThe Department will conduct an application process consisting of the following steps:
1. Submission of a Letter of Intent from all eligible applicants. A completed Letter of Intent must be received by the Department no later than the announced due date set by the Panel. The Letter of Intent must include the following: a. Demonstrate the capacity to undertake the project with a reasonable prospect of bringing it to a successful conclusion. In assessing an applicant's ability to meet the requirements of this paragraph, the panel may consider all relevant factors, including but not limited to the applicant's level of debt; fund-raising ability; past economic and community development activities; grants from federal, state or local sources; previous historic preservation, rehabilitation or enhancement activity; organizational history; scope of economic or revitalization vision; and evidence of success in previous efforts. a. A general description of the proposed project, projected project timeline, and design work completed to date.b. Identification of anticipated sources of matching funds and description of the timeframe for final commitment.c. Certification that the applicant's comprehensive plan is determined by the Executive Department, State Planning Office to be consistent with 30-A M.R.S.A. §4326 subsections 1 to 4 and that it has been adopted by the municipality.d. Submission of an comprehensive downtown revitalization work plan adopted by the applicant community which includes a definition and a map of the downtown area.2. In order to continue in the process an eligible applicant must receive written approval from the Department. Applicants deemed by the Department to have an incomplete or non-compliant Letter of Intent will receive written confirmation of the fact and will not continue in the competition;3. All eligible applicants wishing to do so must prepare and submit a full application and required attachment to the Department no later than the announced due date;4. Incomplete or non-compliant applications will be rejected by the Department.19- 498 C.M.R. ch. 23, § 8