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05-13-1991 Council Packet
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05-13-1991 Council Packet
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n. GRANT <br />A, Tbc Slate shall pay to the LMCD up to a maamum of $45,000.00 for <br />payment to Cittea of 50% of aU actual eligible ordinance preparation and adopUon expenses for the <br />leivioea autheriaed herein. <br />1. r.Sfi.1 nie State will pay to the LMCD $a3,9QM9 one-half of tba aattmatad <br />IpHI pngi In the cltlei within 45 days front the date of final execution of this Agreement for <br />diabunement to the Gties for anticipated shoreland management ordinance coats, which shall be paid <br />by the LMCD to the Qtiei at 50% of the amounu specified In Section LB.7. of this Agreement <br />■DOwQv <br />1 P«vmgnt The Slate will pay to the LMCD the balance of the WOOftOO <br />^ant to the Gtiet, within 30 days following receipt and approval of documentation from the LMCD <br />for at laut twice the amoant of the inith^l grant in StfiOOQiOO ia actual Incurred expenditures by <br />Qtiea. 'Ihe LMCD will pay 80% of the remainder of a City’s funds following receipt of <br />showing eligible expenditures incurred by the City that are at least twice the total <br />grant amount stipulated in Section LB.7, <br />3. Final Payment The LMCD will withhold payment of the final 20% of each Qty’s pant <br />until all invoices and dQg“" jtation is approved by the Commissioner of Natural Resources. The <br />ipHiirfii t completed Ordinance Certification Checklist <br />4. nKiiptlftn Hie atles agree to pay all their respective expensea not paid for by the <br />grant <br />a tft the LMCD. The Sute shaU pay the coiu of coordinating the Technical Review <br />god gnntt idmimstfation expenses incurred by the LMCD up to a maximum of <br />S15,II I III I <br />RavUad 4.1S.91
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