Section 3.198.110. Acceptance of grant offer; grant conditions.

	(a)  Upon issuance of a final award determination under this chapter, the department and the applicant will develop a grant agreement. A recipient of a final award determination does not have a vested right or other entitlement  to a grant until a mutually acceptable definitive written agreement is negotiated and is executed by the department.  
	(b)  In the grant agreement, the department will  
		(1) incorporate the project close-out requirements of 3 AAC 198.130  and the applicable audit requirements under 2 AAC 45.010;  
		(2) set out a payment schedule for the amount of the grant to be paid by the department under 3 AAC 198.040;  
		(3) include a statement of the rights and  responsibilities of the department and the applicant regarding the proposed project;  
		(4) require the applicant to procure, maintain, and demonstrate liability, hazard, or workers' compensation insurance;  
		(5) designate required policy limits; and  
		(6) require the applicant to provide assurances that the  project, when constructed or expanded, will be operated as a public library for not less than 20 years or for the  life of the building, whichever is less.  
	(c)  During the term of a grant agreement, the applicant shall maintain and provide, at the department's request, all grant-related records, reports, invoices, documents, or other information required under the grant agreement.  
	(d)  A grant agreement with a community or a corporation must  be accompanied by a resolution sufficient to bind the applicant to the terms of the agreement.  

Authorities

14.56.355;14.56.356

Notes

Authority

AS 14.56.355 AS 14.56.356

History

Eff. 1/1/2010, Register 192; am 11/5/2011, Register 200