Ohio Administrative Code (Last Updated: January 12, 2021)

122:27-1-02. Eligibility

Latest version.

(A) Applicants may include, but are not limited to, applicants operating retail and/or services businesses.

(B) Applicants must be physically located in a county that contains all or a portion of a distressed lake.

(C) Applicants must have been in continual operation for at least twenty-four months prior to the date of the lake's declaration as a distressed lake by the director of the Ohio department of natural resources.

(D) Applicants must demonstrate a significant reduction in gross revenue as a result of the economic impact of the distressed lake, as determined by the director of the Ohio development services agency.

(E) An applicant is not eligible for either the micro-loan program or the fixed-asset loan program if it has previously received an award under the lakes in economic distress grant program.

Effective: 4/11/2016
Five Year Review (FYR) Dates: 04/11/2021
Promulgated Under: 119.03
Statutory Authority: 122.641(C)
Rule Amplifies: 122.641

                    
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