Section 54-1101. Local waterfront revitalization programs

1.  The  secretary  is  authorized  to provide on a competitive basis,
  within amounts appropriated, state assistance payments to municipalities
  toward  the  cost  of  any  local  waterfront  revitalization   program.
  Eligible costs include planning, studies, preparation of local laws, and
  construction projects.
    2.  State  assistance  payments  shall not exceed fifty percent of the
  cost of the program. For the purpose of determining the amount of  state
  assistance  payments,  costs shall not be more than the amount set forth
  in the  application  for  state  assistance  payments  approved  by  the
  secretary.    The  state  assistance payments shall be paid on audit and
  warrant of the state comptroller on a certificate of availability of the
  director of the budget.
    3. The secretary shall have the power to approve vouchers for payments
  pursuant to an approved contract.
    4. No moneys shall be expended as authorized by  this  section  except
  pursuant to an appropriation therefor.
    5.  The  secretary  shall  impose  such  contractual  requirements and
  conditions  upon  any  municipality  which  receives  state   assistance
  payments pursuant to this article as may be necessary and appropriate to
  ensure  that a public benefit shall accrue from the use of such funds by
  the municipality.