Section 250-RICR-110-00-7.8 - Eligible Project Costs and MatchA. Recreation Acquisition Projects - Eligible costs for recreation acquisition projects include fifty percent (50%) of the approved appraised value of the land. Certification that all other necessary funds are available must be submitted prior to the release of grant funds. Applicants may use the value of donated property interests in land to be acquired or preserved as the local match, provided the value shown as a donation is sustained by an approved Certified Appraisal and the donation is part of the same project and the land is not currently owned by a Municipal Agency.B. Recreation Development Projects - Eligible costs for development projects may be up to eighty percent (80%) and include design, construction, site planning, demolition, landscaping and site improvements essential to the project. Certification that all other necessary funds are available must be submitted prior to the release of grant funds. Matching funds including in-kind services are not limited but adequate documentation of all in-kind match must be provided.C. An applicant may request that match incurred after the announcement of a grant round, but prior to receipt of a grant award purchase order, be applied retroactively. Project costs incurred prior to the receipt of a purchase order are at the applicant's risk; grant funds shall not be available retroactively. The Director may authorize a request to apply match retroactively if such request is submitted by the applicant in writing prior to contracting for services or taking title to the property. The granting such a request does not constitute assurance that the project will be approved.250 R.I. Code R. 250-RICR-110-00-7.8
Amended effective 12/30/2019