11-12-2015
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FINAL – FMDA Detention Funding <br />Policy <br /> 4 <br />SECTION III – Timeline for Project Implementation <br />FMDA Funds provided to successful Project Applicants are intended to, in part, assist in expediting project <br />development for impoundments proposed above Halstad, MN. As such, successful applicants are required to <br />progress from preliminary project development to construction in over a maximum 6‐year timeframe. Specific <br />milestones for each Phase of FMDA Funding are discussed below. Also, refer to the chart below for an illustration of <br />required milestones for FMDA funded projects. <br /> PHASE I Submittal – All eligible activities under the Phase I Submittal must be completed within two years <br />of an approved FMDA Phase I Submittal. <br /> PHASE II Submittal –The following eligible Phase II Submittal activities must be completed within three years <br />of an approved FMDA Phase II Submittal: <br />o Development of Final Design Report <br />o Construction Plans and Specifications <br />o Development of Operation and Maintenance Plan <br />o Permitting <br /> PHASE III Submittal – Bid letting must occur within one year of an approved FMDA Phase III Submittal. <br />Regardless of whether funds are requested at each Phase, a successful submittal will be required for all three Phases <br />to reaffirm FMDA commitment. A detailed explanation to the FMDA is required in the event that any of the <br />milestones discussed above are unable to be met. This explanation must include reason for the delayed timeline, <br />and how the project sponsor proposes to get the project back on the required timeline. Failure to meet any of the <br />milestone timelines presented above may require funds allocated as a result of successful Phase II & III Submittals <br />to be reimbursed to the FMDA over a maximum period of 10‐years.
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