Okla. Admin. Code § 150:55-7-1

Current through Vol. 42, No. 8, January 2, 2025

Section 150:55-7-1 - Eligibility

In order to meet the minimum eligibility qualifications for participation in the Urban Main Street program, a municipality must:

(1) Have a population of more than fifty thousand (50,000) persons according to the latest federal decennial census;

(A) if the municipality has a population of more than fifty thousand (50,000) persons but less than two hundred thousand (200,000) persons, the eligible area is the central business district;

(B) if the municipality has a population of two hundred thousand (200,000) persons or more, the eligible area may only be a neighborhood business district;

(2) Have had two (2) representatives attend the annual application workshop conducted by the Oklahoma Department of Commerce;

(3) Have filed a non-binding letter of intent to apply;

(4) Submit a properly completed application;

(5) Commit to hire a minimum of two (2) staff, one professional and one support personnel, each to work forty (40) hours per week to direct the project;

(6) Commit to assign a representative from the city staff or council to serve as liaison between the city and the program staff;

(7) Commit to have a private, non-profit partner to develop policy and implement the program;

(8) Have a resolution of support for the program from the private, non-profit partner;

(9) Have verification of first-year funding with evidence of a three-year funding commitment. Documentation verifying first-year funding shall be in the following form:

(A) for public sector funding, a copy of the city resolution authorizing Main Street funding;

(B) for private sector funding, a notarized certification indicating the dollar amount of committed funds or the dollar value of committed in-kind services. Funding sources must be prepared to supply financial statements upon request.

Okla. Admin. Code § 150:55-7-1

Added at 9 Ok Reg 2713, eff 7-15-92; Amended at 10 Ok Reg 4051, eff 7-26-92