Section 250-RICR-110-00-3.12 - Allocation of Bond Proceeds - Open Space Land Acquisition $5,000,000.00A. State Projects - the Rhode Island Department of Environmental Management shall administer Three (3) Million Dollars ($3,000,000.00) in FY 2000 - FY 2004. 1. State Land Acquisition - Two Million Dollars ($2,000,000.00) shall be allocated for land acquisition protection which is consistent with the "Greenways, Green Space" element of the State Guide Plan and the Department of Environmental Management "Land Protection Plan". One Million Dollars ($1,000,000) in FY 2001 and One Million Dollars ($1,000,000) in FY 2002 will be available for State Land Acquisition projects. Projects funded under this section shall be approved by the Department of Environmental Management's Land Acquisition Committee and the State Properties Committee.2. Agricultural Acquisition- One Million Dollars 10 ($1,000,000.00) in FY 2000 shall be allocated to the Agricultural Land Preservation Commission, established pursuant to R.I. Gen. Laws § 42-82-8. Said funds shall be expended by the Rhode Island Agricultural Land Preservation Commission for the purchase of development rights to land having high agricultural value as defined herein. The Agricultural Land Preservation Commission shall choose eligible farms under their Operating Procedures adopted June 1983, as amended.B. Local Projects - Two Million Dollars ($2,000,000.00) shall be allocated to municipal agencies, local land trusts and non-profit environmental organizations to provide matching funds for fee simple acquisition, conservation easements or development rights, to land that is consistent with the "Greenways, Greenspace" element of the State Guide Plan. Two Million Dollars in FY 2002 shall be allocated for such grants. Grant rounds shall be announced by the Director, the Rhode Island Greenways Council shall set the maximum amount award for a single grant awarded during each round. The Rhode Island Greenways Council will review each application according to the procedures and evaluation criteria outlined in the "Rules and Regulations" adopted for the 1998 Environmental Management Bonds Authorization and shall submit to the Director in order of priority its recommendations for grant awards.250 R.I. Code R. 250-RICR-110-00-3.12