Illinois Administrative Code
Title 17 - CONSERVATION
Part 3040 - ILLINOIS BICYCLE PATH GRANT PROGRAM
Section 3040.50 - Eligible Project Costs
Current through Register Vol. 48, No. 12, March 22, 2024
a) Grant assistance may be otained for the following items:
b) Project costs for which reimbursement is sought cannot be incurred by the project applicant until after grant approval notification. Costs incurred prior to Department approval are ineligible for grant assistance. For acquisition projects, costs are considered incurred when property deed, lease or other conveyance is accepted by the local sponsor or first payment is made on the project property or to an escrow account/agent for the property. In addition, no purchase agreement, option, etc., or price negotiations shall be entered into prior to Department approval. Development project costs are considered incurred on the date construction contracts are signed or actual physical work begins on the project site or project materials are delivered.
c) No grant awards shall be awarded for the acquisition or development of land which will not be available for public bicycling use.