Section 15-4-3909 - Grant agreement

An eligible applicant that receives approval from the Director of the Arkansas Economic Development Commission provided under the Military Affairs Grant Program shall execute a grant agreement with the Arkansas Economic Development Commission that includes without limitation the:(1) Eligibility date for incurring costs for the project or program;(2) Projected completion date of the portion of the project or program funded by the grant provided under the Military Affairs Grant Program;(3) Amount of approved costs; and(4) The process by which grant funds shall be disbursed to the eligible applicant.Added by Act 2021, No. 522,§ 2, eff. 7/1/2021.