Section 761.822.8. Eligible and ineligible project costs.

       822.8(1) Eligible costs. Activities or items eligible for funding include, but are not limited to, the following:

        a.           Modernization, upgrading or reconstruction of existing rail facilities.

        b.           Construction of new rail facilities.

        c.           Railroad bridge and culvert modernization, replacement or removal.

        d.           Right-of-way acquisition costs.

       822.8(2) Ineligible costs. The following activities or items are ineligible for funding:

        a.           Contract administration.

        b.           Freight car or locomotive lease, purchase or repair.

        c.           Feasibility studies, environmental studies or major investment studies related to a railroad improvement project.

        d.           Refinancing of a completed project that would have otherwise qualified under this chapter.

[ARC 7909B, IAB 7/1/09, effective 7/1/09]