[Code of Federal Regulations]

[Title 49, Volume 4]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 49CFR260.19]



[Page 812-813]

 

                        TITLE 49--TRANSPORTATION

 

       CHAPTER II--FEDERAL RAILROAD ADMINISTRATION, DEPARTMENT OF 

                             TRANSPORTATION

 

PART 260_REGULATIONS GOVERNING LOANS AND LOAN GUARANTEES UNDER THE 

RAILROAD REHABILITATION AND IMPROVEMENT FINANCING PROGRAM--Table 

of Contents

 

 Subpart B_FRA Policies and Procedures for Evaluating Applications for 

                          Financial Assistance

 

Sec. 260.19  Preapplication meeting.



    Potential Applicants may request a meeting with the FRA Associate 

Administrator for Railroad Development to discuss the nature of the 

project being considered. Applicants must be prepared to provide at 

least the following information:

    (a) Applicant's name, address, and contact person;



[[Page 813]]



    (b) Name of the proposed infrastructure partner(s), if any, 

including the identification of potential amounts of funding from each;

    (c) Amount of the direct loan or loan guarantee request, and a 

description of the technical aspects of the project including a map of 

the existing railroad lines with the location of the project indicated;

    (d) Brief description and estimate of the economic impact, including 

future demand for service, improvements that can be achieved, the 

project's relation to the priorities listed in Sec. 260.7, along with 

any feasibility, market or other studies that may have been done as 

attachments;

    (e) Amount of Applicant's equity and a description of collateral 

offered, with estimated values, including the basis of such, to be 

offered as security for the loan;

    (f) If applicable, the names and addresses of the Applicant's 

parent, affiliates, and subsidiary corporations, if any, and a 

description of the ownership relationship and the level of guarantee, if 

any, to be offered;

    (g) For existing companies, a current balance sheet and an income 

statement not more than 90 days old and financial statements for the 

borrower and any parent, affiliates, and subsidiaries for at least the 

four most recent years; and

    (h) Information relevant to the potential environmental impacts of 

the project in the context of applicable Federal law.