(a) The maximum grant available to a non-distressed municipality for planning grants shall not exceed fifty percent of the estimated reasonable cost of such planning. The grant to a distressed municipality, as defined in Section 32-9p of the General Statutes, shall not exceed one hundred percent of the estimated reasonable cost of such planning, subject to a determination by the Commissioner that there is a substantial likelihood that the planned development project will be consummated. The reasonable cost of such planning is to be determined by the Commissioner. The municipal share of the planning or special planning grant may be paid in non cash contributions, the value of which are to be determined by the Commissioner.
Eligible planning costs include:
(1) a feasibility study;
(2) a marketability study;
(3) a boundary survey;
(4) a topographical survey;
(5) test borings;
(6) a soil and site analysis;
(7) other planning and engineering required to prepare the elements of a project plan;
(8) title description and title search for all land parcels to be acquired for the project;
(9) real estate appraisals for all land parcels, structures, furniture, equipment and other improvements to be acquired or contributed to the project;
(10) options to purchase real property situated within the project area;
(11) a Statement of Minority Participation;
(12) administrative expenses;
(13) appraisal reviews required by the Department; and
written documents as outlined in Sections 22a-1
, inclusive, of the General Statutes and in the regulations adopted to implement said sections.
Interim and final audits are not eligible project costs
(c) In determining the specific amount of each planning grant or special planning grant, the Commissioner shall take into account the availability of funds in relation to the number of municipalities seeking funding as well as other criteria to best carry out the purposes of the Act.