Grants for the development of port facilities may not exceed (1) 90 percent of project costs for municipalities under 5,000 population;
(2) 80 percent of project costs for municipalities 5,000 population and over.
Limitation on grants
Known as the Port Facilities Development Act
The act spans §§ 30.15.010 to 30.15.080 (8 sections).
Grants for the development of port facilities may not exceed (1) 90 percent of project costs for municipalities under 5,000 population;
(2) 80 percent of project costs for municipalities 5,000 population and over.
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.