Section 335.05. State share.

 

(1)  For dam repair, reconstruction or maintenance projects the following cost share provisions shall apply:

(a) The state share may not exceed 50% of the first $400,000 of eligible project costs nor more than 25% of the eligible project costs that exceed $400,000.

(b) The dam owner shall provide a sponsor match for 50% of the first $400,000 of eligible project costs, 75% of the next $800,000 of project costs and all ineligible cost or eligible costs exceeding $1,200,000.

(c) Sponsor match may come from other sources including another state or federal cost sharing or grant program, from another municipality, or any other outside funding source.

(2)  For dam removal projects the state share may not exceed 100% of the eligible project costs.

(3)  The state share is limited to no more than $400,000 for each dam safety project.

History: Cr. Register, April, 1991, No. 424 , eff. 5-1-91; CR 10-032 : r. and recr. Register October 2010 No. 658 , eff. 11-1-10.