Section 15-31-13 - Initial proposal Persons interested in seeking financial or other assistance from the development corporation for the development of an industrial park or project shall submit three initial proposals to the development corporation. Unless otherwise specified, the form of the initial proposal should be typewritten on 8 1/2 x 11 inch paper and shall be signed by the interested person under penalties of perjury. Exhibits to the initial proposal may be larger than 8 1/2 x 11 inches provided they are neatly submitted and identified. The initial proposal shall include the following information:
(1) The identity and address of the applicant and the principal members of the applicant;(2) The expertise, experience and background of the applicant and principal members of the applicant in connection with the development and operation of an industrial park or project;(3) Current certified financial statement of the applicant and of the principal members of the applicant who will be guaranteeing any of the financial obligations of the applicant;(4) The location and description of the proposed industrial park or project and the names and addresses of all current legal or equitable owners of the land upon which such proposed industrial park or project will be situated. A description of current health, safety, building, planning, zoning and land use matters currently affecting the land;(5) The development concept of the industrial park or project;(6) The identity and addresses of the applicant's proposed development team;(7) Market and feasibility studies and projections on the industrial park or project;(8) The proposed sources of interim and permanent financing for the project and any financial assistance and other assistance, such as research, facilities, or health, safety, building, planning, zoning, and land use matters, which the development corporation will be requested to assist with or to take action upon;(9) A statement of the community's position with regard to the proposed industrial park or project and how the industrial park or project will be integrated into the immediate surrounding area;(10) Environmental concerns environmental assessment or environmental impact statement as deemed necessary;(11) Other supporting exhibits and information, including preliminary cost estimates, feasibility studies, marketability studies, surveys, plans and specifications, maps, and the management and disposal of any hazardous wastes;(12) The applicant's agreement with respect to the following matters: (A) To pay all costs, expenses or liabilities which the development corporation incurs or becomes liable for in connection with the proposed development of the industrial park or project, and, if required by the development corporation, to deposit funds in advance with the development corporation which the development corporation can use without restriction in connection with evaluating the development of the industrial park or project;(B) To agree that the development corporation is not under any obligation to issue any commitment to the applicant nor is the development corporation liable to the applicant for any costs, expenses or other liability; The development corporation may require that an industrial proposal fee be paid at the time that the initial proposal is submitted to cover the development corporation's cost for reviewing the industrial proposal.
Any item of information, which is not applicable, is not available, or has been estimated, should be identified as such.
[Eff MAR 20 1987] (Auth: HRS Sec. 206M-3) (Imp: HRS Sec. 206M-3)