Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 3. Commerce, Community, and Economic Development. |
Part 3.1. Banking, Securities, Small Loans and Corporations. |
Chapter 3.107. Grant Programs. |
Article 3.107.5. Emerging Energy Technology Grant Program. |
Section 3.107.705. Public purpose.
Latest version.
-
To advance the public purpose of promoting the expansion of energy sources available for residents of the state or to enhance the use of energy in the state, the authority may (1) in consultation with the emerging energy technology advisory committee, establish that certain types of potential projects will receive priority consideration under a solicitation for applications, subject to AS 42.45.375; the public notice for the solicitation must identify and describe any priority consideration for the review of abstracts and full proposals submitted under 3 AAC 107.700 - 3 AAC 107.799; (2) solicit, award, or fund grants in phases; recommendations for awarding and funding grants for preliminary development phases may be limited or delayed until the authority determines that subsequent phases of a project are feasible, will result in sufficient benefit to the public, or are otherwise appropriate for the grant; and (3) require a grantee to repay the grant if the grantee sells, conveys, or encumbers a project constructed with grant funds without the prior written approval of the authority.
Authorities
42.45.375;44.83.080