The maximum grant is the current maximum grant. This does not include any previously granted grants.
The maximum grant can be seen as one of the following: the percentage of the budget granted to the Government, the cost of services, or the cost of services and property that would have been provided but for the loss in grant for a specific project, under the National Growth Strategy framework and its amendments and variations. This measure is calculated according to the formula:
$50M x 1.5% = $150,000, which equals the total net capital grant under Government funding of $50 million in 2011.
The National Growth Strategy framework and its amendments is to be replaced by a new National Growth Agency framework which will replace, along with the previous funding model, the Government funding model, the funding arrangements of specific projects, and some existing projects and activities.
This measure will give greater flexibility to grantee states including in relation to planning and funding for projects approved with the intention to commence construction.
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This photo provided by the University of Texas shows a student at a Texas Tech University fraternity after a fatal hit-and-run accident in Austin, Texas, Wednesday, Aug. 1, 2012. A motorist hit and killed a student who was crossing the road after walking home from a fraternity party at Texas Tech University during the summer. (AP Photo/University of Texas)
SAN ANTONIO (AP) — An Austin jury has found an intoxicated man responsible for the June hit-and-run crash that killed a University of Texas student walking home from a fraternity party, the first verdict of its kind in an Austin-area hit-and-run case.
The jury deliberated nearly six hours before convicting Daniel W. Smith of hit-and-run causing death in the case that also left the man’s father mortally wounded.
The Austin-Travis County medical examiner’s office identified the pedestrian as Austin businessman Richard Smith, 46, of San Antonio. He had been walking home from a party at a university fraternity that was over-booked.
The accident happened at 5 a.m. as Smith walked across the street to meet his brother at a friend’s house.
Smith, of Austin, was found to be driving nearly 70 mph when he struck the victim. He refused to take a breath test and was charged with hit-and-run causing fatal injury.
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