An application for a carryforward designation must:
(1) be on a form prescribed by the board;
(2) be signed by a member or officer of the issuer and by the governor, if the issuer was created to act on behalf of this state;
(3) state the amount of carryforward sought;
(4) describe the project;
(5) state which priority classification is applicable to the applicant;
(6) include evidence satisfactory to the board that that priority classification is correct; and
(7) contain any other information that the board by rule requires.