Current through October 15, 2024
Section 250-RICR-110-00-7.15 - Eligible Project CostsA. Recreation Acquisition Projects - Eligible costs for recreation acquisition projects include fifty percent (50%) of the approved appraised value of the land.B. Recreation Development Projects - Eligible costs for development projects may be up to eighty percent (80%) and cover design, construction, site planning, demolition, reforestation, landscaping and site improvements essential to the project. Provided that any such costs are incurred after a grant application has been approved or after the applicant has received a Waiver of Retroactivity from the Director allowing such costs to be incurred in advance of project approval. Costs incurred prior to the approval of a project are at the applicant's risk and retroactive reimbursement is not assured. The granting of a Waiver of Retroactivity does not constitute assurance that the project will be approved.250 R.I. Code R. 250-RICR-110-00-7.15