Michigan Compiled Laws
451-1994-III-2-4-THE-TIMBER-INDUSTRY-501-6 - Subpart 6 Cost-Sharing and Loans for Forest Practices (324.50145...324.50155)
Section 324.50149 - Applications for Financial Assistance; Selection of Programs; Factors; Preferences; Criteria for Evaluation and Approval.

Sec. 50149.
(1) When allocating available funds among applicants for assistance pursuant to this subpart, the board shall select those programs of forest practices which in its judgment produce the greatest public benefit, giving consideration to the following factors:
(a) The need for and potential commercial benefits if the practices are undertaken.
(b) The financial resources of the applicant.
(c) The need for and potential benefits to long-term production, maintenance, and enhancement of the total forest resource system.
(2) The board shall give preference to applications covering forest land that has been substantially damaged by fire, flood, insects, disease, or other natural causes within 36 months before submission of an application under this subpart.
(3) The board shall also give preference to applications with respect to which 1 or more of the following factors is present:
(a) The forest management plan involves reforesting forest land with a more commercially valuable forest tree species than it previously produced.
(b) The forest management plan would provide relatively more employment opportunities than other proposed plans.
(c) The forest land is located in a county with high unemployment.
(d) A small business entity will carry out the proposed plan.
(e) The forest management plan or other actions of the member would increase recreational opportunities for the public.
(4) The board shall establish the criteria for evaluation and approval of applications for financial assistance.
History: Add. 1995, Act 57, Imd. Eff. May 24, 1995 Popular Name: Act 451Popular Name: NREPA

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 324 - Natural Resources and Environmental Protection

Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)

Article III - Natural Resources Management (324.30101...324.83109)

451-1994-III-2 - Chapter 2 Management of Renewable Resources (324.40101...324.53519)

451-1994-III-2-4 - Subchapter 4 Forests (324.50101...324.53519)

451-1994-III-2-4-THE-TIMBER-INDUSTRY - The Timber Industry (324.50101...324.50707)

451-1994-III-2-4-THE-TIMBER-INDUSTRY-501 - Part 501 Forest Improvements (324.50101...324.50166)

451-1994-III-2-4-THE-TIMBER-INDUSTRY-501-6 - Subpart 6 Cost-Sharing and Loans for Forest Practices (324.50145...324.50155)

Section 324.50145 - Agreements to Share Cost of Forest Practices; Schedule of Cost Share Percentages.

Section 324.50146 - Loans to Members; Purpose; Term; Interest; Security; Recordation of Mortgage or Deed of Trust; Repayment Before Maturity Date; Damage as Grounds for Release of Obligation.

Section 324.50147 - Annual Incentive Payments to Members; Purpose; Application of Income From Sale of Timber; Term; Interest; Limitation; Security; Recordation of Mortgage or Deed of Trust; Effect of Voluntary Withdrawal of Member; Damage as Grounds...

Section 324.50148 - Cost-Share Payments, Loans, or Annual Incentive Payments; Eligibility; Conditions; Guidelines.

Section 324.50149 - Applications for Financial Assistance; Selection of Programs; Factors; Preferences; Criteria for Evaluation and Approval.

Section 324.50150 - Cost-Share Payments, Loans, or Annual Incentive Payments; Federal Payments or Other Assistance; Limitation.

Section 324.50151 - Cost-Share Payments, Loans, or Annual Incentive Payments; Refund; Interest; Payments as Lien on Forest Land; Filing Lien; Legal Action.

Section 324.50152 - Severance and Service Fees Generally.

Section 324.50153 - Schedule of Fees for Services; Establishment; Uniform Severance Fee.

Section 324.50154 - Severance and Service Fees; Collection and Disposition; Responsibility for Payment of Severance Fee; Stumpage Values and Units of Measurement; Remittance; Reports; Records.

Section 324.50155 - Collection of Fees; Enforcement.