(A) Records. All records are to be maintained for a period of no less than three years. Any contractual agreements entered into by the Main Street Program in the course of the operation of this program are to be submitted to the City Clerk within thirty (30) days of execution.
(B) Monitoring.
(1) Quarterly reports. Quarterly reports including the recipients, results, and financial statements associated with each grant or incentive program must be submitted to the City Manager for the quarters ending in March, June, September, and December. These reports shall be submitted within thirty (30) days from the end of each quarter. In addition, a status of the current quarter must be produced on demand.
(2) Annual reports. The Quarterly reports shall be compiled into a comprehensive annual report at the end of each fiscal year. This shall be submitted to the City Manager by July 31 of each year.
(Ord. O-2019-07, passed 3-11-19; Am. Ord. O-2022-21, passed 11-28-22)