Wis. Admin. Code Department of Natural Resources NR 65.07

Current through October 28, 2024

Section NR 65.07 - Development

(1) Funds will be available at the rate of up to 75% of the total approved project costs for the development of public motorcycle off-the-road recreation facilities. Seventy-five percent advance payments may be made at the time of project approval if formally requested by the sponsor.

(2) Assistance may be given to develop leased real property provided control and tenure of such property is commensurate with the proposed development.

Cr. Register, March, 1978, No. 267, eff. 4-1-78; cr. (2), Register, August, 1980, No. 296, eff. 9-1-80.

The interest in the property is of such a duration that no undue benefits will accrue to the lessor rather than the public as a result of development. Example: Capital improvements with a life of 10 years (straight line depreciation) will require a 10-year lease or provisions will be contained in the lease to recapture the salvage value of capital improvements from the sponsor if the life of the capital improvements is greater than the term of the lease or remaining portion thereof.