62-21-10: State participation in essential services projects; project participation agreement; duties and requirements.

A. If public support is provided for an essential services project, the division shall enter into a project participation agreement with the local or regional government pursuant to this section.

B. A project participation agreement shall set out, at a minimum:

(1) a description of the public support to be provided for the essential services project;

(2) a schedule for project development and completion, including measurable goals and time limits for those goals;

(3) provisions for performance review and actions to be taken upon a determination that project performance is unsatisfactory; and

(4) a description of how the local or regional government will safeguard public money or other resources provided as public support for the essential services project.