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§ 3904. Award of grants

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 12 Pa.C.S.A. Commerce and TradeEffective: November 30, 2004

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 12 Pa.C.S.A. Commerce and Trade (Refs & Annos)
Part III. Economic Development Programs
Chapter 39. Water Supply and Wastewater Infrastructure Capitalization
Effective: November 30, 2004
12 Pa.C.S.A. § 3904
§ 3904. Award of grants
Upon being notified by the authority that a grant has been approved under 64 Pa.C.S. § 1558(c) (relating to Water Supply and Wastewater Infrastructure Program) for an applicant, the department shall enter into a contract with the applicant. The contract shall be for the amount approved by the authority, and if the grant provided for improvements on a site of a private facility that has or will be receiving additional economic development assistance or job creation tax credits from the Commonwealth, the contract shall include a provision that ensures that if the facility is closed or is sold within five years after the approval of the application, the Commonwealth shall request reimbursement of the grant and shall place a lien for that amount on the real property of that facility to remain on the real property until the Commonwealth receives reimbursement. Upon entering into a contract with the applicant, the department shall award the grant for the amount specified in the contract.

Credits

2004, Nov. 30, P.L. 1708, No. 218, § 3, imd. effective.
12 Pa.C.S.A. § 3904, PA ST 12 Pa.C.S.A. § 3904
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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