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SPECIAL TERMS AND CONDITIONS <br />GENERAL GRANT <br />STATE FUNDS <br />6. BASIS FOR ESTABLISHING REAL PROPERTY VALUES FOR ACQUISITIONS OF REAL <br />PROPERTY PERFORMANCE MEASURES <br />When the grant is used to fund the acquisition of real property, the value of the real property <br />eligible for reimbursement under this grant shall be established as follows: <br />a. GRANTEE purchases of real property from an independent third -party seller shall be <br />evidenced by a current appraisal prepared by a licensed Washington State commercial <br />real estate appraiser, or a current property tax statement. <br />b. GRANTEE purchases of real property from a subsidiary organization, such as an <br />affiliated LLC, shall be evidenced by a current appraisal prepared by a licensed <br />Washington State commercial real estate appraiser or the prior purchase price of the <br />property plus holding costs, whichever is less. <br />7. EXPENDITURES ELIGIBLE FOR REIMBURSEMENT <br />The GRANTEE may be reimbursed, at the rate set forth elsewhere in this contract, for Project <br />expenditures in the following cost categories: <br />A. Real property, and costs directly associated with such purchase, when purchased or acquired <br />solely for the purposes of the Project; <br />B. Design, engineering, architectural, and planning; <br />C. Construction management and observation (from external sources only); <br />D. Construction costs including, but not limited to, the following <br />Site preparation and improvements; <br />Permits and fees; <br />Labor and materials; <br />Taxes on Project goods and services; <br />Capitalized equipment; <br />Information technology infrastructure; and <br />Landscaping. <br />8. BILLING PROCEDURES AND PAYMENT <br />COMMERCE shall reimburse the GRANTEE for one hundred percent (100%) of eligible Project <br />expenditures, up to the maximum payable under this contract. When requesting reimbursement for <br />expenditures made, the GRANTEE shall submit to COMMERCE a signed and completed Invoice <br />Voucher (Form A-19), that documents capitalized Project activity performed — by budget line item — <br />for the billing period. <br />The GRANTEE shall evidence the costs claimed on each voucher by including copies of each invoice <br />received from vendors providing Project goods or services covered by the contract. The GRANTEE <br />shall also provide COMMERCE with a copy of the cancelled check or electronic funds transfer, as <br />applicable, that confirms that they'have paid each expenditure being claimed. The cancelled checks <br />or electronic funds transfers may be submitted to COMMERCE at the time the voucher is initially <br />submitted, or within thirty (30) days thereafter. <br />The voucher must be certified (signed) by an official of the GRANTEE with authority to bind the <br />GRANTEE. The final voucher shall be submitted to COMMERCE within sixty (60) days following the <br />completion of work or other termination of this contract, or within fifteen (15) days following the end of <br />the state biennium unless contract funds are reappropriated by the Legislature in accordance with <br />Section 19, hereof. <br />