GEDA or its designee shall be responsible for approving the contributions made towards the purchase of required medical equipment for the GMHA as identified in this Article. GEDA is authorized to collect a processing fee in order to defer the cost of administering the program. The fee shall be equal to not more than one percent (1%) of the amount of tax credits approved by GEDA on each application for certification of tax credits and may be due upon release of the certification. Such fees shall be deposited in GEDA’s operational account to be used exclusively for the operations of GEDA’s tax credit program activities.