La. Admin. Code tit. 43 § I-807
Current through Register Vol. 50, No. 11, November 20, 2024
Section I-807 - Cost-SharingA. Feasibility. The state shall bear 100 percent of the feasibility costs of all coastal restoration projects.B. Design and Construction. In all cases in which the local sponsor is able to identify and secure any appropriate non-trust-fund source(s) to fund the design and/or construction of a coastal restoration project, the local sponsor share of the design and/or construction costs may consist of any form and/or amount of cost-sharing. The state share of the design and/or construction costs shall consist of any form and/or amount of cost-sharing sufficient to meet the remaining design and/or construction costs of the project for which the local sponsor is unable to cost-share.C. Operation, Maintenance, and Monitoring 1. In all cases in which the local sponsor is able to identify and secure any appropriate non-trust-fund source(s) to fund the operation, maintenance, and/or monitoring costs of a coastal restoration project, the state share of said costs shall consist of any form of cost-sharing not to exceed 75 percent of the said costs of the project for which the local sponsor is unable to cost-share and the local sponsor share of said costs shall consist of any form of cost-sharing not less than 25 percent of said costs from a non-trust-fund source.2. In all cases in which the local sponsor is unable to identify and secure any appropriate non-trust-fund source(s) to cost-share the operation, maintenance, and/or monitoring costs of a coastal restoration project, the state shall bear 100 percent of these costs for which the local sponsor is unable cost-share.D. The state shall accept any lawful cost-sharing, as defined in §803 and shall adjust the project's cost-effectiveness ranking accordingly.La. Admin. Code tit. 43, § I-807
Promulgated by the Department of Natural Resources, Office of the Secretary, LR 18:282 (March 1992).AUTHORITY NOTE: Promulgated in accordance with R.S. 49:214.4.