Section 122.07. Grant payments.

 

(1)  The municipality shall be paid the state grant share of eligible project costs incurred within the scope of an approved project, up to the total grant amount in the grant agreement.

(2)  In order to receive grant payment, the municipality shall submit an itemized payment request form, with backup documentation of all eligible costs incurred, in accordance with the instructions provided by the department.

(a) The municipality may request interim grant payments, when documented as above, and be paid up to a cumulative amount totalling 95% of the total grant award.

(b) The final grant payment request shall be labeled as such by the municipality and submitted with all remaining documentation. Upon completion of the final inspection and acceptance of any outstanding project reports, the department shall make the final grant payment.

History: Cr. Register, October, 1990, No. 418 , eff. 11-1-90.