In addition to the words and phrases as defined in s. 84.185, Stats., in this chapter:
- (1) “Applicant” means a business, consortium or governing body.
- (2) “Applicant’s share” means an amount of money or in kind services equaling no less than 50% of the final transportation facility improvement cost. In kind services may include, but are not limited to, engineering, land acquisition and construction.
- (3) “Cost per direct job” means the grant ceiling divided by the number of direct jobs.
- (4) “Department” means the department of transportation.
- (5) “Direct jobs” means the number of eligible jobs directly associated with an economic development project and listed on the application, as reviewed and approved by the department.
- (6) “Eligible jobs” means jobs that represent net employment gains in this state.
- (7) “Final transportation facility improvement cost” means the actual contract cost incurred for constructing participating elements of approved transportation facility improvements, including contract change orders for work approved by the department.
- (8) “Grant ceiling” means the department’s maximum financial participation in a transportation facility improvement.
- (9) “Reviewed transportation facility improvement cost”means the estimated cost of the transportation facility improvement as reviewed and approved by the department.
- (10) “Secretary” means the secretary of transportation.
History
History: Cr. Register, February, 1990, No. 410, eff. 3-1-90.