N.J. Admin. Code § 2:77-7.6

Current through Register Vol. 56, No. 19, October 7, 2024

Section 2:77-7.6 - Approval or denial of application and grant agreement

(a) Upon receipt of an application containing all the information required pursuant to 2:77-7.3 and 7.4, the Board shall approve or deny the application based on the requirements set forth in 2:77-7.3 and upon a ranking determined pursuant to 2:77-7.5 if there is insufficient funding for all applications.

(b) The Board shall notify the municipality in writing of the decision to approve or deny the application, and in the case of an approval, shall notify the municipality of the amount of the funding award.

(c) After the notification of the funding award under (b) above, the Board shall send the municipality a grant agreement to be approved and executed by the municipal governing body. The grant agreement shall contain at a minimum:

1. The responsibilities of the parties named in the agreement;

2. The awarded grant amount;

3. A schedule of grant disbursement;

4. Accounting and recordkeeping requirements; and

5. The status of the adoption of the plan element described in 2:77-7.3(a)2.

N.J. Admin. Code § 2:77-7.6