Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE35. ENVIRONMENTAL PROTECTION |
PART367. PROCEDURES FOR ISSUING FINANCIAL ASSISTANCE AWARDS UNDER THE ILLINOIS CLEAN LAKES PROGRAM |
SUBPARTI. PAYMENTS |
§367.930. Reimbursement Rate
Latest version.
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a) Phase I Projects
Eligible costs incurred in connection with Phase I projects shall be paid by the Agency according to the maximum cost-share rate of 60%, as provided in Section 367.310 of this Part, or the cost-share rate established in the financial assistance agreement.
b) Phase II and LQMP Projects
Eligible costs incurred in connection with Phase II or LQMP projects shall be paid by the Agency according to the maximum cost share rate of 50%, as provided in Section 367.320 of this Part, or the cost-share rate established in the financial assistance agreement.