[Code of Federal Regulations]
[Title 43, Volume 2]
[Revised as of October 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 43CFR1882.3]

[Page 50-51]
 
                    TITLE 43--PUBLIC LANDS: INTERIOR
 
    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
 
PART 1880_FINANCIAL ASSISTANCE, LOCAL GOVERNMENTS--Table of Contents
 
          Subpart 1882_Mineral Development Impact Relief Loans
 
Sec. 1882.3  Application procedures.

    No later than October 1 of the fiscal year in which a loan is to be 
made, the State or its political subdivision shall submit to the 
Director a letter signed by the authorized agent requesting a loan. The 
authorized agent shall furnish proof of authority to act for the State 
or political subdivision with the application. Such letter shall 
constitute a formal application for a loan under this subpart and shall 
contain the following:
    (a) The name of the State or political subdivision requesting the 
loan.

[[Page 51]]

    (b) The amount of the loan requested.
    (c) The name, address, and position of the person in the State or 
political subdivision who is to serve as contact on all matters 
concerning the loan.
    (d) A description and documentation of the adverse social and 
economic impacts suffered as a result of the leasing and development of 
Federal mineral deposits.
    (e) An analysis and documentation of the additional expenses 
generated as a result of the leasing and development of Federal 
minerals.
    (f) Proposed uses of the funds derived from the loan.
    (g) Evidence that the loan and repayment provisions are authorized 
by State law.
    (h) The Director may request any additional information from the 
applicant that is needed to properly act on the loan application. The 
applicant shall furnish such additional information in any form 
acceptable to the applicant and the Director. No loan shall be granted 
unless such additional information is timely received by the Director.