§ 42-66.1-4 - Cost of security program – Matching funds.
SECTION 42-66.1-4
§ 42-66.1-4 Cost of security program– Matching funds. – The cost of the program shall be borne according to the following formula:
(1) In private complexes, twenty-five percent (25%) of thecost shall be absorbed by the state and seventy-five percent (75%) by the ownerof the complex.
(2) In public complexes, seventy-five percent (75%) of thecost shall be absorbed by the state and twenty-five percent (25%) by thehousing authority. The cost upon which reimbursement is made shall beformulated in accordance with the rules and regulations promulgated by thedirector pursuant to § 42-66.1-5. Security personnel and equipment arereimbursable under this program. Costs incurred by a municipality or agencyshall not be eligible for reimbursement pursuant to §§ 45-13-6 –45-13-11.