1.1.................... moves to amend H.F. No. 2615 as follows:
1.2Page 2, lines 1, 9, and 32, delete "
or underserved"
1.3Page 2, line 5, after "
GRANT" insert "
AND LOAN"
1.4Page 2, lines 6, 25, 26, and 27, after "
grant" insert "
and loan"
1.5Page 2, line 11, after "
infrastructure" insert "
in unserved areas"
1.6Page 2, lines 14 and 27, after "
grants" insert and "
loans"
1.7Page 2, line 28, after "
grant" insert "
or loan"
1.8Page 3, line 7, before the period insert "
and loans" and before the comma, insert
1.9"
and loans under this section"
1.10Page 3, after line 29, insert:
1.11 "
Subd. 8. Limitations. (a) No grant or loan awarded under this section may fund
1.12more than 50 percent of the total cost of a project.
1.13(b) If a project is awarded both a grant and loan under this section, the combined
1.14amount of the grant and loan may not exceed 50 percent of the total cost of a project."