The commissioner shall consider the following factors in selecting projects for funding through the program:
economic considerations, including determinations of:
whether the projected additional revenue generated by the improvement project will be sufficient to recover its costs;
added costs to shippers, receivers, and the local or regional economy if failure to complete the project causes significant delay or stoppage of vessel movement; and
the added costs of full replacement of a facility over the costs of responding to an improvement need if the project is implemented; and
A project does not qualify for program funding if:
the proposed project is incompatible with applicable harbor development or local comprehensive plans.
The commissioner shall establish timetables for the ranking of projects. The ranking of projects determines the priority in which funding will be considered.
The commissioner shall consider the following criteria to determine project ranking:
ability of the project to expedite, retain, or generally improve the movement of passengers or cargo;
ability of the project to promote identifiable economic development in and around the port and harbor;
ability of the project to produce a regional or community benefit independent of an individual facility; and
If the commissioner determines that an application is not eligible for ranking or is not ranked high enough for funding selection, that application may be resubmitted for the next funding cycle.
MS s 457A.05
17 SR 570
January 31, 2000
Official Publication of the State of Minnesota
Revisor of Statutes