Kansas Administrative Regulations
Agency 36 - KANSAS DEPARTMENT OF TRANSPORTATION
Article 42 - KANSAS INTERMODAL TRANSPORTATION REVOLVING FUND
Section 36-42-7 - Repayment of financial assistance
Universal Citation: KS Admin Regs 36-42-7
Current through Register Vol. 43, No. 12, March 20, 2024
(a) All debt service shall be paid in accordance with the terms and conditions of the financial assistance agreement.
(b) If any financial assistance is prepaid in whole or in part, the prepayment shall be made in accordance with the terms and conditions of the financial assistance agreement.
(c) If a recipient of monies from the fund subsequently receives federal reimbursement for the same costs of an approved project for which financial assistance was received, the recipient shall repay to the secretary those fund monies in an amount equal to the federal reimbursement received, within 30 days after receipt of the federal reimbursement.
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