N.H. Code Admin. R. Env-Dw 1002.07

Current through Register No. 25, June 20, 2024

Section Env-Dw 1002.07 - Match Criteria

(a) The value of the match shall equal at least 75% of the eligible water supply land protection costs as defined by RSA 486-A:2, III-a, which include the costs for the land or interest in land and associated legal and transaction costs associated with the protection of each grant property and each match property.

(b) The match shall consist of one or more of the following:

(1) A municipal, state, or federal appropriation, which may include funding from the drinking water state revolving loan fund;

(2) A private cash donation;

(3) A donation, or partial donation, of match property in one or more existing or proposed source water protection areas, providing the following conditions are met:

a. Title to the match property will be held by a person who would qualify as an applicant;

b. The transaction(s) to acquire the match property will be completed prior to or simultaneously with the completion of the transaction(s) for the grant property(ies);

c. The match value for the match property has been or will be established by an appraisal in accordance with Env-Dw 1002.22; and

d. The match property is not being used and has not been used as a match for another grant project; and

(4) A donation, or partial donation, of services or payment for services necessary to complete the transaction, including land transaction consultant, survey, appraisal, title opinion, environmental assessment, stewardship baseline documentation, paid staff time, and legal fees.

N.H. Code Admin. R. Env-Dw 1002.07

(See Revision Note at part heading for Env-Dw 1002) #9490, eff 6-23-09; amd by #9932, eff 5-27-11

Amended by Volume XXXVIII Number 02, Filed January 11, 2018, Proposed by #12441, Effective 1/1/2018, Expires 1/1/2028.