40 U.S.C. § 15505 — Local development districts and organizations
submitted 18 years ago by Pub. L. 110-234 to r/title-40-PUBLIC-BUILDINGS-PROPERTY-AND-WORKS · 236 words · no verdicts yet
A Commission can give money to a local development district to help pay its planning and office costs. The grant can cover up to 80 percent of those costs. The district must then act as the region's local link between governments, businesses, and citizens.
Subject to the requirements of this section, a Commission may make grants to a local development district to assist in the payment of development planning and administrative expenses.
The amount of a grant awarded under this section may not exceed 80 percent of the administrative and planning expenses of the local development district receiving the grant.
In the case of a State agency certified as a local development district, a grant may not be awarded to the agency under this section for more than 3 fiscal years.
The contributions of a local development district for administrative expenses may be in cash or in kind, fairly evaluated, including space, equipment, and services.
A local development district shall—
operate as a lead organization serving multicounty areas in the region at the local level;
assist the Commission in carrying out outreach activities for local governments, community development groups, the business community, and the public;
serve as a liaison between State and local governments, nonprofit organizations (including community-based groups and educational institutions), the business community, and citizens; and
assist the individuals and entities described in paragraph (3) in identifying, assessing, and facilitating projects and programs to promote the economic development of the region.
Source credit: (Added Pub. L. 110–234, title XIV, § 14217(a)(2), May 22, 2008, 122 Stat. 1477, and Pub. L. 110–246, § 4(a), title XIV, § 14217(a)(2), June 18, 2008, 122 Stat. 1664, 2239.)
- 2008Enacted · Pub. L. 110-234 · 122 Stat. 1477
A history note hasn’t been published yet. The record shows enactment by Pub. L. 110-234 on 2008-05-22.
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