Minn. R. agency 167, ch. 7076, pt. 7076.0285 - LOAN PAYMENTS
The project sponsor or loan sponsor must submit to the agency a certification of incurred costs in a form and schedule prescribed by the agency, which certifies that eligible costs have been incurred, but not necessarily paid, by the project sponsor or loan sponsor for work on the project. Upon receiving the certification, the agency must pay the project sponsor or loan sponsor if the sponsor is in compliance with the conditions of the loan contract and the requirements of parts 7076.0100 to 7076.0290.
Notes
Statutory Authority: MS s 103F.745
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