§650.70. Committee Consideration and Recommendation of Applications

a)         After the applicant's eligibility has been determined and all necessary documentation has been provided and reviewed, the applicant's application will be placed on a meeting agenda for consideration by the Committee.  The State Treasurer will notify any applicant when its application will be considered by the Committee.

 

b)         The Committee will hold meetings at least quarterly, on a calendar basis, in order to review grant applications and make final recommendations to the State Treasurer on the making of grant awards.  If the Committee does not recommend that an applicant receive a grant award, then the Committee shall notify the applicant and the grant application will not be presented to the State Treasurer for final consideration.

 

c)         The final recommendations of the Committee for the making of grant awards are not binding upon the State Treasurer.