NR 126.11(2)(2) Amount of grant offer. No municipality shall receive more than 10% of the funds authorized by the Wisconsin legislature for a given year, nor shall a state grant exceed 50% of the eligible costs of an approved project. The state grant plus funding from other nonlocal sources shall not exceed 80% of the eligible project costs. NR 126.11(3)(3) Acceptance of grant offer. If the recipient of a grant offer agrees to the terms and conditions thereof, acceptance shall be effected by signature of the authorized representative of the municipality in the designated place on all copies of the Offer and Acceptance Form. Two signed copies of the form shall be returned to the department with a certified copy of a resolution by the municipality’s governing body authorizing their representative to accept the grant offer. The offer must be accepted within 40 days from the date of offer or it will be withdrawn and the funds will be obligated to another applicant. NR 126.11 HistoryHistory: Cr. Register, March, 1975, No. 231, eff. 4-1-75; corrections in (1) (b) to (e) made under s. 13.93 (2m) (b) 7., Stats., Register, May, 2001, No. 545. NR 126.12(1)(1) Partial payments. Partial payments will be made after inspection at the 25, 50, 75 and 90% stages of completion of the project. NR 126.12(2)(2) Final payment. Final payment will be made only after final inspection and audit and evidence of satisfactory operation and maintenance. The total state grant will be based on the audited allowable costs. NR 126.12 HistoryHistory: Cr. Register, March, 1975, No. 231, eff. 4-1-75.