Ark. Code Ann. § 15-4-3909: Grant agreement

An eligible applicant that receives approval from the Director of the Arkansas Economic Development Commission provided under the Military Affairs Grant Program shall execute a grant agreement with the Arkansas Economic Development Commission that includes without limitation the:

(1) Eligibility date for incurring costs for the project or program;

(2) Projected completion date of the portion of the project or program funded by the grant provided under the Military Affairs Grant Program;

(3) Amount of approved costs; and

(4) The process by which grant funds shall be disbursed to the eligible applicant.