N.Y. Comp. Codes R. & Regs. tit. 17 § 36.7

Current through Register Vol. 46, No. 51, December 18, 2024

Section 36.7 - Criteria

(a) The Department of Transportation will evaluate the proposals submitted against criteria which will include:

(1) adequacy of the proposed industrial access improvements as well as the impact on the existing transportation system in the vicinity, and compatibility with transportation plans, programs and projects for the area;

(2) impact on existing and proposed economic development programs and projects for the area and the appropriateness of the proposed economic development project to these programs as well as the plans of State and other agencies involved in promoting economic development, including support for the project from an economic development standpoint.

(3) the total number of jobs created or retained per dollar invested in the industrial access project, including consideration of the amount of other investment and economic factors related to the transportation improvement;

(4) availability of alternative funding sources within the time frame required for viable economic development;

(5) adequacy of the affirmation that existing funding programs are not available or appropriate; and

(6) the repayment ability of the party designated to repay 40 percent of the industrial access project costs to the State.

(b) The Department of Economic Development will furnish the Department of Transportation its evaluation of those criteria above for which the Department of Economic Development has knowledge and expertise as well as any other information that the Department of Economic Development believes may be relevant to the consideration of the proposal.

(c) Proposal for industrial access projects to be located within economic development zones created in accordance with chapter 686, Laws of 1986, and any subsequent amendments, will be afforded the special considerations both specified and implied by that law.

N.Y. Comp. Codes R. & Regs. Tit. 17 § 36.7