(A) The fund known as the "CELL" Fund, and which is to be given the number 290, is now established. The "CELL" Fund monies will be provided by CELL in the amount of $7,500 for the purpose of the Education-Workforce Innovation Planning Grant.
(B) Expenditures from this fund are restricted to allowable purposes as follows:
(1) Employer convening's, supplies, software for the approved amount of $500.
(2) Site visits (in-state/out-of-state) travel for the approved amount of $7,000.
(3) Budget expense detail reporting schedule period will be covered from June 15, 2017 to December 15, 2017. Program reports will be due December 31, 2017.
(4) The city will use the funds exclusively for the specified purposes as written in education-workforce innovation application, with funds used as detailed above.
(5) The city shall keep accurate financial records of expended funds that include the date of the expenditure, receipts and invoices if applicable, the amounts spent, the recipient of the funds and the purpose of the expenditure. Copies thereof, if requested, shall be furnished at no cost to CELL/UIndy. A budget report will be due on December 31, 2017.
(6) In the event that the grant award activity ceases, or that CELL/UIndy determines that any provisions herein have not been adequately followed, CELL/UIndy may require all unused funds to be returned. Such a request will be made in writing, and compliance will be required by the city within 14 calendar days from the receipt of the request.
(C) The fund shall be subject to the same appropriation process as other municipal funds.
(Ord. 12-2017, passed 8-8-17)