Nev. Admin. Code § 445C.380 - Grants for purchase and installation of upgrades: Authorized uses of grant money; obligations of recipient to repay in certain circumstances
Current through March 28, 2022
1. Grant money allocated to a recipient
pursuant to NAC 445C.320 to 445C.380, inclusive, must be used only for the
purchase and installation of the upgrades authorized by the Division in its
approval of the grant application.
2. If a recipient does not spend the total
allocation of grant money on the authorized upgrades, the recipient shall repay
to the Division the amount of any grant allocation which remains unspent not
later than 60 days after the completion of the installation of the upgrade for
which the grant money was awarded.
3. If a recipient spends any grant money for
any purpose other than the purchase and installation of the upgrades authorized
by the Division in its approval of the grant application, the recipient shall
repay to the Division the amount of money spent on unauthorized costs not later
than 30 days after the recipient receives notice from the Division of its
determination that the grant money was spent on unauthorized costs.
4. All costs incurred by the Division which
are associated with the recovery of grant money pursuant to this section may be
charged by the Division to the recipient.
5. The Division shall deposit all money
recovered pursuant to this section into the Fund.
6. If a recipient does not repay any unused
or unauthorized expenditures of grant money to the Division in the manner
required by this section, the Division may, in accordance with NAC
459.9942, mark the storage tanks
at the petroleum dispensing location with a red tag until the date on which the
recipient complies with the provisions of this section.
Notes
NRS 445C.310
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