(A) Funding decisions will be made by the Committee.
(B) The minimum BET on Q Grant will be $1,000 while the maximum is $25,000.
(C) Requests for more than $25,000 will be considered in extraordinary circumstances.
(D) A funding request from the BET on Q Grant Program should not exceed 30% of the total budget for the event but requests in which the BET on Q Grant would fund more than 30% of the event will be considered in extraordinary circumstances.
(E) A BET on Q Grant will be awarded as follows:
(1) The recipient will receive 75% of the grant amount prior to the event.
(2) The recipient will receive 25% of the grant amount after the event so long as the recipient has completed and submitted the event closeout evaluation form to the city.
(a) The event closeout evaluation form will be provided to a grant recipient after the grant is approved.
(b) The BET on Q Committee must review the event closeout evaluation form and authorize the release of the remaining 25% of the grant.
(c) The completed event closeout evaluation form must be provided to the city by the applicant within 30 days of the completion of the event to be eligible to receive the remaining 25% of the grant.
(d) If an event closeout evaluation form is not provided to the city by the applicant within 45 days of the completion of the event, the applicant will not be eligible for future BET on Q funds.
(Ord. 21-16, passed 4-7-2021; Ord. 9443, passed 5-23-2022)