KRS 154.33-554: Contents of applications for loans, grants, or investments.

Applications for loans, grants, or investments submitted under KRS 154.33 -552 shall

include the following:

(1) The name of the applicant and identification of all parties contributing to or taking a

leadership role with regard to the development project;

(2) A detailed description of the project, including its location and the total project cost;

(3) The projected number of jobs, if any, to be created as a result of the project and a

description of the types of jobs;

(4) If the applicant is an entity other than a city or county, a letter of support from all

local governmental entities affected by the project;

(5) A detailed description of any other funding sources that will be used to pay for the

project;

(6) A plan for making the project self -sustaining if it is expected or intended that the

initiative will have recurring expenses, and an explanation of the stream of revenue

or other resources that will cover future costs, including operational costs,

administrative costs, and upkeep on any property, buildin gs, equipment, or other

capital assets funded; and

(7) Any other information that the commissioner may require.