PERMANENT COMMUNITY IMPACT FUND BOARD

BREAKING NEWS

• The next CIB meeting will be Thursday, December 10, 2009, at the State Library Division, 250 North 1950 West, Salt Lake City, Utah. The staff briefing will start at 8:30 a.m. with the CIB Board Meeting following completion of the briefing.
• PLEASE NOTE CHANGE OF MEETING DATE.

AGENDA for December 10, 2009

Upcoming Meeting Locations:

• January 7, 2010 -- Salt Lake City
• February 4, 2010 -- Moab
• March 4, 2010 -- St. George

Upcoming Deadlines:
Applications must be received in the CIB office (324 South State St., Ste 500, SLC, UT 84111) by 5:00 p.m.on application deadline.

PROGRAM OVERVIEW
The Permanent Community Impact Fund Board (CIB) is a program of the state of Utah which provides loans and/or grants to state agencies and subdivisions of the state which are or may be socially or economically impacted, directly or indirectly, by mineral resource development on federal lands.  The source of the CIB's funding are the mineral lease royalties returned to the state by the federal government. The CIB will consider only those applications submitted by an eligible applicant for an eligible project.

CIB Board Members

CIB Program Summary & Application Instructions

Applicant Eligibility
Utah state statute defines a "subdivision of the state" as being any of the following: counties, cities, towns, school districts, housing authorities, building authorities, special service districts, water conservancy districts, county service areas, special improvement districts, water or sewer improvement districts, and public postsecondary institutions.

Indian Tribes, individuals, corporations, associations, private non‑profit organizations are not eligible for financing from the CIB.

Project Eligibility
Utah state statute authorizes the CIB to fund the following types of activities: planning, construction and maintenance of public facilities, and provision of public services.

The CIB's administrative rules further define "public facilities and services" to mean public infrastructure traditionally provided by governmental entities.

Funding Guidelines

• Total participation in any given project will generally be limited to a maximum of $5,000,000, regardless of grant/loan mix.
• Planning, study or design requests require a fifty percent cash contribution from the applicant.
• Applicants cannot count the use of in-kind funds as local matching funds unless the in-kind participation has a demonstrable value, such as real property.  Donated labor or staff time cannot be counted as local matching funds.

Funding Cycles
The CIB reviews applications and authorizes funding assistance on a Trimester basis during the state fiscal year (July 1st – June 30th).

Application Submission

• New applications must be received by the CIB’s staff prior to 5:00 pm on the applicable deadline. CIB Staff
• New applications will be submitted on the most current application form. CIB Application. PDF CIB Application WORD DEQ Form
• The CIB's staff will review all new applications for completeness.  Incomplete applications will be held pending submission of required information.
• Applications from ineligible applicants or applications for ineligible projects will not be accepted by the CIB’s staff and the applicant will be notified of the ineligibility.
• Complete applications accepted for processing will be placed on one of the Trimester’s upcoming Project Review Meeting agendas.