122:20-1-04. Grant agreement

(A) An eligible applicant selected by the director and approved by the state controlling board must enter into a job ready site grant agreement with the director. Failure of the eligible applicant to execute and deliver the job ready site grant agreement in the form and substance satisfactory to the director within sixty days of receipt may result in cancellation of the job ready site project award.

(B) Among other things, the job ready site grant agreement will authorize the director to terminate the agreement and require a repayment of all or a portion of the grant moneys disbursed to the grantee if the director determines that the grantee is not in compliance with the terms of the grant agreement.

(C) Prior to making any changes to an approved job ready site project, the grantee must request and receive written approval of the director for the proposed change.

Five Year Review (FYR) Dates: 2/1/2019 and 02/01/2024
Promulgated Under: 119.03
Statutory Authority: 122.83(B)
Rule Amplifies: 122.085 to 122.0820
Prior Effective Dates: 12/21/2007

Prior History: (Effective: 12/21/2007
review dates: 12/11/2012
Promulgated Under: 119.03
Statutory Authority: 122.086
Rule Amplifies: 122.085 thru 122.0820)