Utah Admin. Code R357-46-105 - Funding Distribution and Reporting
(1) After GOEO approval of a Rural
Communities Opportunity Grant:
(a) no more
than 90% of grant funds will be disbursed to a community after:
(i) application approval;
(ii) a contract between the community and the
state is entered; and
(iii) the
community invoices the office for the funds; and
(b) the remaining funds may be disbursed to a
community upon submission of a final report including satisfactory evidence of
benchmark achievements toward completion of economic development projects and
activities recorded in the grant contract.
(2) The maximum amount of funding a rural
community can receive through this grant is $600,000.
(3) Each grant recipient shall submit an
annual report containing:
(a) a description of
the project, or projects, for which the grant funding is being used or
encumbered;
(b) the effectiveness
of the award in improving economic development in the community;
(c) how much matching money is being utilized
by the community;
(d) a letter from
the CEO board or equivalent attesting that:
(i) it is participating in advising the rural
community's governing body throughout the year;
(ii) it approves of the content submitted in
the annual report;
(iii) it helped
prepare the annual report; and
(iv)
minutes from each meeting of the CEO board where the Rural County Grant was
discussed; and
(e) any
other information requested by the office.
(4) Grant recipients shall submit a final
report and reimbursement request by the contract termination date including:
(a) a description of the completed
project;
(b) a report on whether
the recipient met the goals and benchmarks detailed in the contract;
(c) a letter from the CEO board or equivalent
attesting that:
(i) it participated in
advising the county's governing body throughout the year;
(ii) it approves of the content submitted in
the annual report; and
(iii) it
helped prepare the annual report;
(d) an invoice for the outstanding amount of
awarded funding; and
(e) any other
information requested by the office.
Notes
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