(A) There is established the Green Practice Incentive Grant which may be utilized by locally owned businesses to assist in establishing more environmentally friendly business practices.
(B) The Green Practice Incentive Grant shall be administered by the Department. In the course of the administration, the Department shall:
(1) Provide outreach to local companies, pre-screen applications and provide technical assistance to applicants;
(2) Make available to local companies an application which can be analyzed in a quantitative manner by the Department to determine eligibility and merit for a loan;
(3) Review such applications and present recommendations to the Board for approval or denial of Green Practice Incentive Grants; and
(4) Maintain all records including, but not limited to, applications for assistance, metrics necessary to describe the program's responsiveness, the number and size of local companies assisted and the amount of monies distributed.
(C) A local company that is successful in their application for a Green Practice Incentive Grant shall be eligible for a grant of up to $5,000. The recipient must provide match funds awarded through this grant program to be eligible.
(D) Grant funds provided to successful applicants must be used to promote environmentally friendly business practices. Acceptable expenditures of grant funds include, but are not limited to, design, construction or installation of energy saving technology such as solar panels, wind turbines or geothermal devices.
(E) Grant funds shall be disbursed to successful applicants in arrears, after an invoice or bill of lading illustrating the purchase of services or products that conform to division (D) above.
(Ord. 6578, passed 4-27-09)