2006 Minnesota Statutes

446A.051 PROJECT FINANCIAL ASSISTANCE.
The authority shall assist eligible governmental units in determining what grants or loans
under sections 446A.06, 446A.07, 446A.072, 446A.073, 446A.074, 446A.075, and 446A.081
to apply for to finance projects and the manner in which the governmental unit will pay for its
portion of the project cost. If a project is eligible for a grant under section 446A.073, 446A.074,
or 446A.075, the total grant shall not exceed the greater of the maximum amount from a single
program or the amount the project could receive under section 446A.072. The authority shall
review the proposed financing for each project certified by the agency to ascertain whether or not:
(1) total financing of a project is assured; and (2) the governmental unit's financial plan to pay
for its portion of the project cost is feasible.
History: 1988 c 546 s 4; 2006 c 251 s 11