Contracts
Compiled text through Sep 15, 2021
Register checked through Jul 29, 2026
No later Register activity identified in this check.
Dates and status
- Compiling agency
- Executive Department
- Text status
- Source receipt
- Compiled text through
- Sep 15, 2021
- Register checked through
- July 29, 2026/Vol. XLVIII, Issue 30 (2026-07-29)
- Activity status
- No later Register activity identified in this check.
- Source snapshot
- Jun 6, 2026
(a)Neighborhood preservation companies' contracts shall:
(1)be for a period of one year, but may be renewed or extended at the discretion of the commissioner;
(2)define the neighborhood or portion thereof within which the neighborhood preservation activities shall be performed;
(3)include the following items:
(i)general goals in effecting neighborhood preservation, stabilization or improvement;
(ii)quantified measurable objectives to be accomplished by the completion of the activities proposed in the work plan;
(iii)financial plan, including budget specifying the use of funds from the division, other financial resources, including the one-third match requirement and staffing pattern; and
(iv)a plan for securing funds from other sources, for administrative and planning costs.
(b)Contracts shall be limited in amount to the sum of one hundred thousand dollars in a single year and to the aggregate sum of $650,000 for a single neighborhood preservation company, provided that in any year in which the aggregate sum of $300,000 shall have been reached and all succeeding years, the annual contract amount shall be subject to a limit of $65,000 per year.