S.C. Code Regs. § § 61-15.A.6.603

Current through Register Vol. 48, 12, December 27, 2024

Section 61-15.A.6.603 - Criteria for Extension

The following criteria shall be used to determine whether substantial progress has been made by the applicant:

1. Site procurement: The applicant should have made definitive progress toward permanent acquisition of the intended site. Such progress may include purchase of property previously under option or consummation of long-term lease agreements.

2. Architectural Progress: The facility architect should have been employed and definitive progress should be made toward development of final drawings.

3. Financial Status: The applicant should document definitive progress toward finalizing any necessary loans or lease-purchase arrangements.

4. The applicant should provide reasonable assurance that the project will be under construction or implemented within the requested extension time frame.

S.C. Code Regs. § 61-15.A.6.603

Replaced and amended by State Register Volume 48, Issue No. 04, eff. 4/26/2024.