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Code · Illinois · Chapter 30 — FINANCE · Act 740

Sec. 3-3. Each participant applying for a grant pursuant to this Article shall submit a formal application to the Department on forms provided by the Department.

299 words·~1 min read·/il/chapter-30/act-740/3-3

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Sec. 3-3. Each participant applying for a grant pursuant to this Article shall submit a formal application to the Department on forms provided by the Department. An application for operating assistance shall include:
(a)an estimate of projected administrative expenses;
(b)an estimate of projected operating deficits (including a separate statement of eligible operating expenses and an estimate of all projected operating income or revenues);
(c)a program of proposed expenditures;
(d)a certification to the Department by the participant that it will supply or cause to be supplied funds, which together with funds made available under this Article will be sufficient to meet the total eligible operating expenses and
(e)such other information, undertakings and representations as the Department may require. An application for capital assistance shall include:
(a)a description of the project for which the capital expenditure is to be made, including the estimated costs for such project;
(b)a certification by the participant that it will supply or cause to be supplied funds, which together with funds made available under this Article, will be sufficient to meet the total project cost; and
(c)such other information, undertakings and representations as the Department may require.
For Fiscal Year 1980 preliminary grant requests containing such information as the Department may require shall be submitted to the Department within 30 days after the promulgation of rules and regulations implementing the nonurbanized area public transportation assistance program. Formal application shall be submitted to the Department in accordance with dates established by the Department and published in such rules and regulations. For Fiscal Year 1981 and thereafter a preliminary request shall be submitted no later than April 1 of the year immediately preceding such Fiscal Year. Formal application shall be submitted to the Department by July 1 of such year.
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