For the leasing program, what are the maximum distribution amounts for each successful grower applicant?
(1) The final grower allocation will not exceed 75% of the value of the equipment to be purchased.
(2) Any future distributions will be determined by:
(a) The amount of program funds available after all administrative and contract-leasing costs are subtracted from the total program allocation received from the legislature;
(b) The number of participants in the program;
(c) Whether any viable projects were eligible for funding but not previously selected; and
(d) Department consultations with the Washington asparagus commission and the industry at large.
[Statutory Authority: RCW 15.04.402
, 2007 c 520, and chapter 34.05
RCW. WSR 08-19-061, § 16-731-120, filed 9/15/08, effective 10/16/08.]