Arizona § 28-7342 Cooperative agreement provisions

Arizona Statutes

§ 28-7342 — Cooperative agreement provisions

Arizona·Title 28 Arizona Revised Statutes·Ch. 20 STATE HIGHWAYS AND ROUTES·Art. 12 Cooperative National Highway Aid Agreements

A cooperative agreement entered into under this article:

1.Shall provide that all monies advanced by this state in pursuance of the project shall be promptly reimbursed by the United States agency entering into the agreement to the extent of the agency's participation in the cost of the project.

2.If the agreed participation of the United States agency is one hundred per cent of the cost or under other conditions as the director determines, may contain a provision that all of the agency's participation cost shall be deposited, pursuant to sections 35-146 and 35-147, in advance in a special trust account.

3.If feasible, shall enumerate as closely as possible all items of costs and expenditures for which the United States agency is obligated to reimburse the department.

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A cooperative agreement entered into under this article:

1. Shall provide that all monies advanced by this state in pursuance of the project shall be promptly reimbursed by the United States agency entering into the agreement to the extent of the agency's participation in the cost of the project.

2. If the agreed participation of the United States agency is one hundred per cent of the cost or under other conditions as the director determines, may contain a provision that all of the agency's participation cost shall be deposited, pursuant to sections 35-146 and 35-147, in advance in a special trust account.

3. If feasible, shall enumerate as closely as possible all items of costs and expenditures for which the United States agency is obligated to reimburse the department.

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