1 Texas Administrative Code § 4.6 – Awardee Responsibilities In order to receive disbursement of loan funds that have been committed to them, awardees will be required by contract with the Commission to: (1) have a system established in writing to ensure that appropriate officials provide necessary internal reviews and approvals for the expenditure of…

1 Texas Administrative Code § 4.5 – Availability of Funds (a) Funds Commitment. If the project is approved by the Commission, funds become committed to the awardee subject to the sale of the general obligation bonds by the state. (b) Letter of Commitment. The applicant will be required to submit a letter of commitment after…

1 Texas Administrative Code § 4.4 – Application for Funds (a) The Commission, in consultation with the Texas Public Finance Authority, shall develop and adopt a formal loan application form to be included in the formal application process to assist in the evaluation of a loan submission. The application may require certain attachments and certifications.…

1 Texas Administrative Code § 4.3 – Processing and Review of Applications (a) The Commission shall conduct its review of the applicant’s creditworthiness based on standard due diligence practices and procedures that are consistent with other Office of the Governor programs including, but not limited to:(1) review of project description to assess whether it satisfies…

1 Texas Administrative Code § 4.2 – Military Value/Redevelopment Value Review and Pre-Application Assessment for Funds (a) The Defense Community shall submit the following information, as applicable, to the Director of the Commission:(1) with respect to a Defense Community applying for a loan under § RSA 436.153 of the Government Code, a Military Value Enhancement…

1 Texas Administrative Code § 4.1 – Introduction and Purpose (a) The Texas Military Value Revolving Loan Fund provides a low cost source of revenue to eligible communities who meet the application criteria. The minimum amount of a loan is $1,000,000, while the maximum amount of a loan is determined by the availability of funds…

1 Texas Administrative Code § 3.9407 – Termination of Defunding Determination (a) A defunding determination issued by the PSO may be terminated by the PSO if the defunding municipality has reversed the reduction in appropriation to the municipality’s police department, as described by Section RSA 109.005, Local Government Code. (b) A termination of a defunding…

1 Texas Administrative Code § 3.9406 – Written Determination That a Municipality Is a Defunding Municipality (a) If the PSO determines a municipality has defunded its police department as specified by Chapter 109, Local Government Code, the PSO shall issue a written determination to the municipality. (b) The PSO shall send the written determination made…

1 Texas Administrative Code § 3.9405 – Criteria for Approval of Certain Reductions to Budget The PSO’s decision whether to grant approval for a reduction to the appropriation to a municipality’s police department shall be based upon the following factors: (1) the municipality’s capital expenditures related to law enforcement during the preceding fiscal year; (2)…

1 Texas Administrative Code § 3.9404 – Application for Exception for Certain Reductions to Budget (a) A municipality must submit an application provided under subsection (d) of this section to the PSO to request an exception from being considered a defunding municipality due to a reduction to the appropriation to the municipality’s police department as…