(a) A project selected by the commission shall be maintained
and operated for the purpose for which it was approved and funded
and for a period of time that is commensurate with the amount of federal
investment in the project.
(b) A project selected by the commission shall be dedicated
for public use for the greater of:
(1) a period that is commensurate with the amount of
federal investment in the project; or
(2) 10 years, if the amount of federal investment in
the project is $1 million or less, or 20 years, if the amount of federal
investment is more than $1 million.
(c) If at any time the project sponsor can no longer
maintain and operate the project for its intended purpose, the sponsor
will return the federal share used for the project in accordance with
current deferral recapture procedures.
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