Page:United States Statutes at Large Volume 82.djvu/559

 82 STAT. ]

PUBLIC LAW 90-448-AUG. 1, 1968

517

(c) In carrying out his authority under this section the Secretary shall consult with the Secretary oi Agriculture with respect to new community assistance projects assisted by that Department, and he shall, for the purpose of subsection (b), accept that Department's certifications as to the cost of such projects. (d) There are authorized to be appropriated for grants under this Appropriations. section not to exceed $5,000,000 for the fiscal year ending June 30, 1969, and not to exceed $25,000,000 for the fiscal year ending June 30, 1970. Any amounts so appropriated shall remain available until exl^ended, and any amounts authorized for any fiscal year under this subsection but not appropriated may be appropriated for any succeeding fiscal year commencing prior to July 1, 1970. (lENEKAL PROVISIONS AND RULES AND REGULATIONS

SEC. 413. I n the performance of, and with respect to, the functions, powers, and duties vested in him by this title, the Secretary shall (in addition to any authority otherwise vested in him) have the functions, powers, and duties (including the authority to issue rules and regulations) set forth in section 402, except subsections (c)(2), (d), and (f), of the Housing Act of 1950: Provided, That subsection ^^ Stat. 78; (a)(1) of section 402 shall not apply with respect to functions, powers, Tusc V749a. and duties under section 412 of this title. A U D I T BY GENERAL ACCOUNTING

OFFICE

SEC. 414. Insofar as they relate to any grants or guarantees made pursuant to this title, the financial transactions of recipients of Federal grants or of developers whose obligations are guaranteed by the United States pursuant to this title may be audited by the General Accounting Office under such rules and regulations as may be prescribed by the Comptroller General of the United States. The °^° access to representatives of the General Accounting Office shall have access to all '^^""'^ ^' ^ books, account, records, reports, files, and all other papers, things, or property belonging to or m use by such developers or recipients of grants pertainnig to such financial transactions and necessary to facilitate the audit. DEFINITIONS

SEC. 415. As used in this title— (a) The term "land development" means the process of grading land, making, installing, or constructing water lines and water supply installations, sewer lines and sewage disposal installations, steam, gas, and electric lines and installations, roads, streets, curbs, gutters, sidewalks, storm drainage facilities, and other installations or work, whether on or off the site, which the Secretary deems necessary or desirable to prepare land for residential, commercial, industrial, or other uses, or to provide facilities for public or common use. The term "land development" shall not include any building unless it is (1) a building which is needed in connection with a water supply or sewage disposal installation or a steam, gas, or electric line or installation, or (2) a building, other than a school, which is to be owned and maintained jointly by the residents of the new community or is to be transferred to public ownership, but not prior to its completion. (b) The term "actual costs" means the costs (exclusive of rebaites or discounts) incurred by a new community developer in carrying out the land development assisted under this title. These costs may include amounts paid for labor, materials, construction contracts, land planning, engineers' and architects' fees, surveys, taxes, and interest during development, organizational and legal expenses, such allocation of gen-

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