261—314.4 (15G) Review process.
	 314.4(1) The underground storage tank fund board has chosen not to review the applications. The renewable fuel infrastructure board will review an application for final approval or disapproval. The renewable fuel infrastructure board shall determine the amount of financial incentives to be awarded to an applicant.
	 314.4(2) Completed applications, including supporting documentation of meeting eligibility requirements, will be reviewed on a first-come, first-served basis. If the amount of funding requests exceeds available funds, the board shall evaluate applications based upon criteria that include, but are not limited to, the following:
	  a.   	 Submittal of a completed application, including supporting documentation.
	  b.   	 Location factors such as demographics, proximity to major transportation corridors, and proximity to existing renewable fuel retail and storage facilities.
	  c.   	 Projected annual sales volume.
	  d.   	 Other sources of funding.
	  e.   	 Previous grants awarded.