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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 150. Oklahoma Department of Commerce |
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Chapter 145. Oklahoma Economic Development Pooled Finance Act |
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Subchapter 4. Public-Private Partner Development Pool |
SECTION 150:145-4-2. Scoring system
Latest version.
- The Department shall develop a scoring system in order to evaluate potential projects which may be eligible for pooled financing from the Public Private Partnership Pool. The scoring system shall include, but not be limited to:(1) Capital investment by one or more for-profit business entities and/or federal government defense entities;(2) Additional capital investment by one or more local government entities;(3) New direct jobs as defined 68 O.S. §3603, to be created by a for-profit business entity or entities;(4) Salary and wage payments to persons employed in new direct jobs;(5) The likelihood of additional business location decisions resulting from the activity of the for-profit business entity or entities that would benefit from use of the Public-Private Partner Development Pool;(6) The amount and degree of net benefit to be had by the State from completion of the project;(7) Whether or not the local government entity or business entities is a participant in other projects governed by the Oklahoma Economic Development Pooled Finance Act; and(8) Any other factor(s) deemed relevant by the Department.