901-8-02 Application procedure.

(A) An applicant seeking to obtain a certificate of approval by the board to show investors that they may receive a tax incentive for investing in the applicant's ethanol plant must submit an application in the form prescribed and available from the board, a business plan in the format described in paragraph (B) of this rule, and a repayment agreement if applicable.

(B) All business plans submitted for review to the board for a certified ethanol plant shall be typewritten, contain all the information required in R.C. 901.13(D), and be in the following format:

(1) Executive summary.

(2) Company background.

(3) Owner/management background

(4) Market analysis

(5) Product service offering

(6) Marketing plan

(7) Financial plan and analysis

(C) The applicant shall submit ten copies of the application and the business plan to the board, c/o "The Ohio Department of Agriculture, 8995 East Main Street, Reynoldsburg, Ohio 43068."

(D) Once the applications and business plans are received, the applications will be time stamped. A board meeting will be set within sixty calendar days from the date the Ohio department of agriculture received the application and business plan.

(E) Upon receipt of an application and business plan, the board will issue the applicant a letter acknowledging receipt of the documents and advise the applicant of the date, place, and time of the board meeting where their business plan will be reviewed. This letter will also indicate whether or not the board requests the applicant's attendance at the meeting to answer any questions.

(F) If the application or business plan is incomplete or requires additional information, the board may return the application and indicate which portions are missing or require additional information, which will stop the sixty calendar day review time. Once the incomplete application or additional information is resubmitted it will be time stamped again, and a new sixty calendar day time period will begin to run. The same notice will be sent to the applicant as described in paragraph (D) of this rule.

R.C. 119.032 review dates: 08/13/2010 and 08/13/2015
Promulgated Under: 119.03
Statutory Authority: 901.13
Rule Amplifies: 901.13
Prior Effective Dates: 11-29-02