Current through Register Vol. 46, No. 43, October 23, 2024
(a) The Secretary may make awards to applicants based on factors including, but not limited to, the amount of current and future savings produced by the applicant's action, the impact of such action upon the municipal property tax levy, the size and complexity of the action, and whether the action can be replicated by other municipalities.(b) Subject to annual appropriations by the legislature, awards will be made to successful applicants pursuant to eligibility criteria and application, review and approval procedures set forth herein. The maximum amount awarded per application shall not exceed the lesser of $5,000,000 or $25 per resident of the applying municipality or municipalities as of the most recent Federal decennial census, provided, however, that if the boundaries of municipalities jointly applying for an award pursuant to this program overlap, the residents in overlapping areas shall be counted only once, and provided, further, that if a county jointly applies with some but not all of the municipalities within such county, only the residents in such applying municipalities shall be counted. However, where municipalities within such county have benefited from the project upon which such joint application is based but are not applicants themselves, the population of such counties may, in the discretion of the Secretary, be counted for the purposes of calculating the award amount.(c) Prior to payments, recipients shall submit to the Secretary copies of studies, agreements and other information on the action along with verification of cost savings.(d) Applicants selected to receive awards will be required to meet deadlines for execution of contracts with the State in order to retain the award. If an applicant does not meet such established deadlines, that applicant's award funds may be returned to the funding pool for use by other eligible applicants. Applicants who lose eligibility as a result of missing deadlines may reapply for available funds if any remain after the initial disbursement of awards.N.Y. Comp. Codes R. & Regs. Tit. 19 § 816.4