<html> <head> <title>Rule 74:05:08:04.01 Priority list bypass procedures.</title> <META NAME="Keywords" Content="Administrative Rules 74:05:08:04.01"> <META NAME="Description" Content="Administrative Rules 74:05:08:04.01 Priority list bypass procedures."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p><font size=3 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>74:05:08:04.01.&nbsp;&nbsp;Priority list bypass procedures.</b> Projects are funded based on their project priority rating. Projects with the highest priority rating that have submitted a complete application and demonstrated adequate capacity to repay the loan are funded before lower-rated projects. If a project on the priority list has not demonstrated readiness to proceed by submitting an application, the project may be bypassed and the next highest priority project that has submitted an application is funded. The department shall exert reasonable efforts to ensure that the higher-rated projects on the priority list are funded.</font></p> <p><font size=3 face="Times New Roman">&nbsp;</font></p> <p><font size=3 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 29 SDR 87, effective December 22, 2002.</font></p> <p><font size=3 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=46A-1-60.3">46A-1-60.3.</A></font></p> <p><font size=3 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=46A-1-60.1">46A-1-60.1</A> to <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=46A-1-60.3">46A-1-60.3.</A></font></p> <p><font size=3 face="Times New Roman">&nbsp;</font></p> </div> </body> </html>