La. Admin. Code tit. 19 § VII-7903

Current through Register Vol. 50, No. 8, August 20, 2024
Section VII-7903 - Definitions

Applicant-the public entity requesting matching grant funds under this program. The public entity may be joined in the application by any other entity.

Award-the funding of matching grant money under this program for eligible applicants.

Award Agreement-the agreement of contract hereinafter referred to between the public entity, DED and LEDC, and where applicable, any other entity through which the parties by cooperative endeavor or otherwise, set forth the terms, conditions and performance objectives of the award provided pursuant to these rules.

DED-the Louisiana Department of Economic Development.

Project-a proposal by a public entity that promotes economic development for which matching grant funds are sought under this program. Where matching grant funds are sought for projects that are defined as basic infrastructure or infrastructure under the EDAP rules, then the rules pertaining to EDAP, in addition to these rules, apply to the determination as to the funding of the matching grant funds.

Public Entity- the applying public or quasi-public entity that will be responsible for receiving and administering the performance and oversight of the project and for supervising compliance with the terms, conditions and performance objectives of the award agreement.

Secretary-the Secretary of the Department of Economic Development, who is also the President of LEDC.

La. Admin. Code tit. 19, § VII-7903

Promulgated by the Department of Economic Development, Office of Business Development, Economic Development Corporation, LR 29:1069 (July 2003).
AUTHORITY NOTE: Promulgated in accordance with R.S. 51:2312.