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(a) The local share requirements of AS 37.06.030 for each draw for a project are met if
(1) the municipality provides the total local share, as defined in 3 AAC 154.170, in accordance with the grant agreement signed under 3 AAC 154.090; and
(2) a post-project audit confirms that the department received the total local share in accordance with the grant agreement.
History: Eff. 8/19/93, Register 127; am 12/31/93, Register 128
Authority: AS 37.06.030
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Last modified 7/05/2006