Section 19995 Of Article 2. Program Provisions From California Education Code >> Division 1. >> Title 1. >> Part 11. >> Chapter 12. >> Article 2.
19995
. (a) Each grant recipient shall provide matching funds from
any available source in an amount equal to 35 percent of the costs of
the project. The remaining 65 percent of the costs of the project,
up to a maximum of twenty million dollars ($20,000,000) per project,
shall be provided through allocations from the fund.
(b) Qualifying matching funds shall be cash expenditures in the
categories specified in Section 19989 which are made not earlier than
three years prior to the submission of the application to the State
Librarian. Except as otherwise provided in subdivision (c), in-kind
expenditures do not qualify as matching funds.
(c) Land donated or otherwise acquired for use as a site for the
facility, including, but not limited to, land purchased more than
three years prior to the submission of the application to the State
Librarian, may be credited towards the 35 percent matching funds
requirement at its appraised value as of the date of the application.
This subdivision shall not apply to land acquired with funds
authorized pursuant to Part 68 (commencing with Section 100400).
(d) Architect fees for plans and drawings for library renovation
and new construction, including, but not limited to, plans and
drawings purchased more than three years prior to the submission of
the application to the State Librarian, may be credited towards the
35 percent matching funds requirement.