An applicant for a certificate shall file with the Arkansas Public Service Commission a verified application in the form required by the commission and containing the following information:
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(1) A general description of the location and type of the major utility facility proposed to be built;
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(2) A general description of any reasonable alternate location or locations considered for the proposed facility;
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(3) A statement of the need and reasons for construction of the facility, including, if applicable, a reference to any prior commission action in an energy resource declaration-of-need proceeding determining the need for additional energy supply or transmission resources by the public utility;
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(4) A statement of the estimated costs of the major utility facility and the proposed method of financing the construction of the major utility facility;
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(5)
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(A) A general description of any reasonable alternate methods of financing the construction of the major utility facility and a description of the comparative merits and detriments of each alternate financing method considered.
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(B) If at the time of filing of the application the federal income tax laws and the state laws would permit the issuance of tax-exempt bonds to finance the construction of the proposed major utility facility for the applicant by a state financing agency, the application shall also include a discussion of the merits and detriments of financing the major utility facility with the bonds;
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(6) An analysis of the projected economic or financial impact on the applicant and the local community in which the major utility facility is to be located as a result of the construction and the operation of the proposed major utility facility;
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(7) An analysis of the estimated effects on energy costs to the consumer as a result of the construction and operation of the proposed major utility facility;
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(8)
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(A) An exhibit containing an environmental impact statement that fully develops the six (6) factors listed in subdivision (8)(B) of this section, treating in reasonable detail such considerations, if applicable, as:
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(i) The proposed major utility facility’s direct and indirect effect on the following in the area in which the major utility facility is to be located:
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(a) The ecology of the land, air, and water environment;
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(b) Established park and recreational areas; and
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(c) Any sites of natural, historic, and scenic values and resources of the area in which the major utility facility is to be located; and
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(ii) Any other relevant environmental effects.
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(B) The environmental impact statement shall state:
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(i) The environmental impact of the proposed action;
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(ii) Any adverse environmental effects that cannot be avoided;
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(iii) A description of the comparative merits and detriments of each alternate location considered for the major utility facility;
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(iv) For generating plants, the energy production process considered;
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(v) A statement of the reasons why the proposed location and production process were selected for the major utility facility; and
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(vi) Any irreversible and irretrievable commitments of resources that would be involved in the proposed action should it be implemented;
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(9) The interstate benefits expected to be achieved by the proposed construction or modification of an electric transmission line and associated facilities, as described in § 23-18-503(6)(B), that is located within a national interest electric transmission corridor; and
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(10) Such other information of an environmental or economic nature as the applicant may consider relevant or as the commission may by rule or order require.