(1) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the office shall make rules establishing the eligibility and reporting criteria for an entity to receive a grant under this part, including: (a) the form and process of submitting an application to the office for a grant; (b) which entities are eligible to apply for a grant; (c) the method and formula for determining grant amounts; and (d) the reporting requirements of grant recipients.

(a) the form and process of submitting an application to the office for a grant;

(b) which entities are eligible to apply for a grant;

(c) the method and formula for determining grant amounts; and

(d) the reporting requirements of grant recipients.

(2) In determining the award of a grant, the office may prioritize projects: (a) that will serve underprivileged or underserved communities, including communities with high unemployment or low median incomes; (b) where an applicant demonstrates comprehensive planning of the project and the cooperation of high quality partners, including an institution of higher education; and (c) that will create new high paying employment positions in rural areas that pay at least 125% of the average wage of the community in which the employment positions will exist.

(a) that will serve underprivileged or underserved communities, including communities with high unemployment or low median incomes;

(b) where an applicant demonstrates comprehensive planning of the project and the cooperation of high quality partners, including an institution of higher education; and

(c) that will create new high paying employment positions in rural areas that pay at least 125% of the average wage of the community in which the employment positions will exist.

(3) Subject to legislative appropriation, a grant may only be awarded by the executive director for a project in a rural area of the state.