To include concise language in Chapter 9K-7, F.A.C., regarding when application cycles will be held and when funding can be applied to prior ranked and approved projects.

DEPARTMENT OF COMMUNITY AFFAIRS
Florida Communities Trust

Rule No.: RULE TITLE
9K-7.003: General Requirements and Eligibility Standards
9K-7.009: Project Approval
PURPOSE AND EFFECT: To include concise language in Chapter 9K-7, F.A.C., regarding when application cycles will be held and when funding can be applied to prior ranked and approved projects.
SUMMARY: Proposal to eliminate the requirement that FCT announce the amount of Florida Forever bond funds in the Notice of Application Period published in the Florida Administrative Weekly and to allow FCT to apply available funds to prior ranked and approved projects if funds become available prior to the next noticed Application cycle.
SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS: There are no regulatory costs nor will this rulemaking impact small businesses.
Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.
SPECIFIC AUTHORITY: 380.507(11) FS.
LAW IMPLEMENTED: 259.105, 380.505-.515 FS.
A HEARING WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:
DATE AND TIME: January 20, 2011, 10:00 a.m.
PLACE: Randall Kelley Training Room, 2555 Shumard Oak Boulevard, Tallahassee, Florida 32399-2100
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 7 days before the workshop/meeting by contacting: Ken Reecy, FCT Administrator, 2555 Shumard Oak Blvd., Tallahassee, FL 32399, [phone]. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Ken Reecy, FCT Administrator, 2555 Shumard Oak Blvd., Tallahassee, FL 32399, [phone]

THE FULL TEXT OF THE PROPOSED RULE IS:

9K-7.003 General Requirements and Eligibility Standards.

The following constitutes the general procedures for the Florida Forever Program of the Florida Communities Trust (FCT).

(1) No change.

(2) Notice of Application Period. The Trust shall announce the amount of Florida Forever bond funds available for Awards, the limitation on Award amounts, and applicable deadlines in the Notice of Application Period published in the Florida Administrative Weekly.

(3) through (11) No change.

Rulemaking Authority 380.507(11) FS. Law Implemented 259.105, 380.505-.515 FS. History–New 5-27-01, Amended 5-20-02, 2-7-05, 2-19-07, 2-8-10,________.

 

9K-7.009 Project Approval.

(1) through (2) No change.

(3) If for any reason funds awarded to an approved project become available prior to the ranking and selection meeting for the next noticed Application cycle, those funds may be committed to other ranked and approved project(s) based upon available funds.

(4) through (6) No change.

Rulemaking Specific Authority 380.507(11) FS. Law Implemented 259.105, 380.510 FS. History–New 6-25-01, Amended 5-20-02, 2-7-05,_________.

NAME OF PERSON ORIGINATING PROPOSED RULE: Ken Reecy, FCT Administrator, 2555 Shumard Oak Blvd., Tallahassee, FL 32399, [phone]
NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Thomas G. Pelham, Secretary
DATE PROPOSED RULE APPROVED BY AGENCY HEAD: December 7, 2010
DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAW: October 1, 2010