Wisconsin Statutes 150.45 – Validity of an approval
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Terms Used In Wisconsin Statutes 150.45
- in writing: includes any representation of words, letters, symbols or figures. See Wisconsin Statutes 990.01
- Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
- Year: means a calendar year, unless otherwise expressed; "year" alone means "year of our Lord". See Wisconsin Statutes 990.01
(1) An approval is valid for one year from the date of issuance. The department may grant a single extension of up to 6 months.
(2) The department shall specify the maximum capital expenditure that may be obligated for a project.
(3) Any person whose project has been approved under this subchapter shall document in writing, on forms developed by the department, the progress of the project. The person shall submit these forms semiannually until the project is completed. On these forms, the person shall:
(a) Identify the project and the approval holder.
(b) Specify the date of approval.
(c) Describe the stages of the project that are complete.
(d) Report on the project’s status, including any deficiencies.
(e) Identify any cost overrun and propose changes in the project necessary to reduce costs, so as not to exceed the maximum approved capital expenditure.
(f) Estimate the date that uncompleted stages of the project will be completed.