19- 498 C.M.R. ch. 22, § 3

Current through 2024-50, December 11, 2024

Section 498-22-3 - Ineligible Uses

Ineligible uses of the Riverfront Community Development Bond (the Fund) are set forth in this section. The following activities may not be funded by the Riverfront Community Development Bond (the Fund):

1. Construction or repair of bridges or dams, with the exception of the construction or repair of bridges for the primary purpose of walking, or bicycling and is required for walking or bicycling trail connectivity;

2. Planning and Feasibility Studies;

3. Any work related to municipal water, sewer or road projects;

4. Improvements to private residences;

5. Construction of parking garages or decks of any type;

6. Golf Courses;

7. Marinas;

8. On-going maintenance of existing buildings or facilities;

9. Program administration, salaries, lobbying and related expenditures;

10. Repayment of existing debt;

11. Supplanting loan or grant funds from other state or federal programs such as but not limited to, Rural Development, CDBG, EDA, EPA or revenue bonds already approved by the municipality.

12. Any project that damages a river or its riparian habitat or that violates any state or federal environmental laws or regulations; and

13. A project otherwise required by any regulatory license of permit condition or any form of mandated mitigation or remediation activity.

19- 498 C.M.R. ch. 22, § 3