"Applicant" means an entity that is eligible under Minnesota Statutes, section 174.24, subdivision 2, for financial assistance for a new or existing public transit system.
"Cost reimbursement contract" means a contract providing for payment to the contractor of allowable costs incurred in the performance of the contract, to the extent prescribed in the contract.
"Financial assistance" means state funds paid to a recipient in accordance with the public transit participation program established under Minnesota Statutes, section 174.24.
"Greater Minnesota" has the meaning given in Minnesota Statutes, section 116O.02, subdivision 5.
"Local share" means the percentage of total operating costs paid by a recipient according to the distribution classifications in Minnesota Statutes, section 174.24, subdivision 3b, and the percentage of capital costs paid by a recipient according to part 8835.0320.
"Local source" has the meaning given it in Minnesota Statutes, section 174.24, subdivision 3b.
"Management plan" means a description of all the elements of a proposed public transit system, as required by part 8835.0260.
"Passenger trip" means a one-way movement of a person between two points. Each time a passenger boards a transit vehicle counts as one passenger trip.
"Public transit" or "transit" has the meaning given it in Minnesota Statutes, section 174.22, subdivision 7.
"Public transit participation program" means the department's program for providing financial assistance for public transit services in greater Minnesota under Minnesota Statutes, section 174.24.
"Reasonable cost" means a price for a commodity or service which, in its nature or amount, does not exceed that which would be incurred by an ordinarily prudent person in the conduct of competitive business.
8 SR 2113; 25 SR 61
October 2, 2007
Official Publication of the State of Minnesota
Revisor of Statutes