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<br /> <br />SECTION V - PHASE II Submittal - Land Acquisition and/or Final Design <br />Phase II FMDAMFDA Funding is to reaffirm funding commitment level based on additional project development and <br />design data completed since the Phase I Submittal. A Feasibility Study, including a geotechnical evaluation, is <br />required for Phase II Submittals. Eligible activities and applicant requirements for Phase II FMDAMFDA Funding are <br />summarized below. <br />Eligible Activities <br />• Development of Final Design Report <br />• Construction Plans and Specifications <br />• Development of Operation and Maintenance Plan <br />• Permitting <br />• Land appraisals <br />• Preparation of Purchase and/or Easement Agreements <br />• Land Acquisition <br />Applicant Requirements <br />• Successful PHASE I FMDAMFDA Submittal <br />• Meet general criteria requirements in SECTION I of this policy manual. <br />• Feasibility Study Complete (Including Geotechnical Evaluation). <br />• Quarterly reporting on project status. (Attached Form) <br />• Three year maximum to apply for Phase III FMDAMFDA Funding. <br />Application Procedure <br />• Complete & Provide FMDAMFDA PHASE II Submittal. <br />• Update & Provide Estimated FMDAMFDA Funding Allocation Worksheet based on assumed operation <br />in Preliminary Engineer’s Report. <br />Funding Level <br />The amount of FMDAMFDA Funds available for successful Phase II Applicants will be the lesser of: <br />• 90% Total Eligible Funding, as determined from Phase II FMDAMFDA Funding Calculation Spreadsheet, <br />less Funds awarded during Phase I FMDAMFDA Funding. <br />• 50% of total costs. <br />FMDAMFDA Phase II Submittals will be reviewed and recommended for FMDAMFDA Funding based on criteria <br />described is SECTION III of this policy manual. <br /> <br /> 8 <br />MFDA_Funding_Policy_Final-R1_2015-1217.docx