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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Notwithstanding subsection 309a(a) of this title, grants provided to towns under the Town Highway Structures Program shall be matched by local funds sufficient to cover 20 percent of the project costs, unless the town has adopted road and bridge standards, has completed a network inventory, and has submitted an annual certification of compliance for town road and bridge standards to the Secretary, in which event the local match shall be sufficient to cover 10 percent of the project costs. The Secretary may adopt rules to implement the Town Highway Structures Program. Town highway structures projects receiving funds pursuant to this subsection shall be the responsibility of the applicant municipality.
(b) Notwithstanding subsection 309a(a) of this title, grants provided to towns under the Class 2 Town Highway Roadway Program shall be matched by local funds sufficient to cover 30 percent of the project costs, unless the town has adopted road and bridge standards, has completed a network inventory, and has submitted an annual certification of compliance for town road and bridge standards to the Secretary, in which event the local match shall be sufficient to cover 20 percent of the project costs. The Secretary may adopt rules to implement the Class 2 Town Highway Roadway Program. Class 2 town highway roadway projects receiving funds pursuant to this subsection shall be the responsibility of the applicant municipality, and a municipality shall not receive a grant in excess of $200,000.00.
(c) Notwithstanding subsections 309a(a), (b), and (c) of this title, a municipality may use a grant awarded under the Town Highway Structures Program or the Class 2 Town Highway Roadway Program to provide the nonfederal matching funds required to draw down a federal earmark or to match grants provided to towns under the American Recovery and Reinvestment Act of 2009 (ARRA). In all such cases, the grant shall be matched by local funds as provided in this section. The intended use of a town highway grant as matching funds for a federal earmark or for grants provided to towns under the ARRA shall not entitle a municipal grant applicant to any priority for a grant award in any fiscal year. When grants awarded under the Town Highway Structures Program or the Class 2 Town Highway Roadway Program are used to satisfy nonfederal matching requirements for federal earmarks or for grants provided to towns under the ARRA, the term “project costs” in subsections (a) and (b) of this section shall refer only to the nonfederal match for the federal earmark or for a grant provided to towns under the ARRA.
Cite this article: FindLaw.com - Vermont Statutes Title 19. Highways, § 309b. Local match; certain town highway programs - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-19-highways/vt-st-tit-19-sect-309b/
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