Section Bfa 402.02 - Granting of Preliminary Official Action(a) Upon receipt of an application from a user for preliminary official action, the staff of the authority and authority's bond counsel shall review the application and promptly advise the user of any omission or deficiency in the application. If a user is advised by the staff of the authority that any application is incomplete or deficient the user may supplement or amend its application. The executive director shall accept an application that does not meet the requirements of Bfa 402.01(b)(1)-(3) if, in the judgment of the executive director, the omission shall not diminish the ability of the directors to evaluate the project and the user.(b) When the executive director determines that an application for preliminary official action is complete, the request for preliminary official action shall be considered at a meeting of the directors. Applications for preliminary official action that are completed at least 2 weeks prior to the next meeting of the directors shall be placed on the agenda for and considered at that meeting. Completed applications for preliminary official action that are received within 2 weeks of the next meeting of the directors shall be placed on the agenda if, the executive director determines that the staff of the authority, authority's bond counsel and the directors will have adequate time to review the application.(c) The directors shall approve an application for preliminary official action if after considering the following criteria, to the extent they are applicable to a particular project, the directors determine that the project will preserve or increase the social or economic prosperity of the state and one or more of its political subdivisions, and will promote the general welfare of the state's citizens: (1) The extent to which jobs will be preserved or created by the project;(2) The extent to which the project is to be located in an area of high unemployment or where there is a need for economic development;(3) The extent to which the project and the proposed financing thereof appears to be feasible;(4) The extent to which the project will have a beneficial impact on the environment;(5) The extent to which the project will reduce the state's dependence on fossil fuels and utilize better the state's energy resources;(6) The extent to which there is a need for the project in the area in which it is to be located;(7) Whether any new construction or major renovation conducted in connection with a project conforms to the Architectural Barrier Free Design Code for the state;(8) Whether the user is an equal opportunity employer; and(9) The likelihood that the project will be carried out within a reasonable period of time.N.H. Admin. Code § Bfa 402.02
(See Revision Note at chapter heading for Bfa 100) #5719, eff 10-13-93