- (a) The Arkansas Natural Resources Commission must approve proposed changes before any project may be modified.
- (b) The commission will not consider any request to modify a project unless the grantee provides revised LMI beneficiary and utility rate figures with the request.
(c) The commission may approve project modifications if:
- (1) The modification does not result in a failure to meet any of the federal LMI benefit standards or state selection criteria that initially qualified the project for ACEDP funding; and
- (2) At least one (1) public meeting has been held to discuss the need for the modification and to solicit public comment.
- (d) If an approved modification results in a reduction of the total project costs and excess funding, the commission will deobligate the excess ACEDP grant moneys and use the funds for other funded or eligible unfunded projects.