123.17 RETAIL BUSINESS GRANT PROGRAM.

   (a)   Council approves the creation of the Retail Business Grant Program.

(Ord. 2611. Passed 8-12-10.)

   (b)   The Council shall annually determine the amount of the retail grant business funding, if any, from non-tax revenues collected by the City of Chardon and included in General Fund 111. (Ord. 2926. Passed 5-12-16.)

   (c)   The Finance Committee of Council will review and approve or deny an application after a Selection Committee comprised of the Chair of the Finance Committee, Assistant City Manager and member of the Economic Restructuring Committee of Chardon Tomorrow makes a recommendation.

   (d)   The Finance Committee is authorized and directed to adopt policies and promulgate rules and regulations for the administration of the Retail Business Grant Program.

   (e)   The Manager and Finance Director are authorized and directed to release funds upon approval of a grant application in compliance with the rules and regulations of the Program.
(Ord. 2611. Passed 8-12-10.)