(a) In order to further the economic competitiveness of the County of Summit in both the regional and world economy while preserving the environment and providing equal opportunity to County residents to share in the benefits of the County’s economic success, the County hereby establishes a policy on the disbursement of grants from its General Fund. In evaluating requests for a grant from its General Fund, the County shall consider whether the grant, if disbursed, would further one or more of the following strategic goals of the County:
(1) Creation of the physical infrastructure necessary for the creation and retention of jobs that provide a living wage.
(2) Improvement of the County’s adult labor force through education and training.
(3) Provision of necessary knowledge and skills to the children and young adults of the County to enable them to be self-supporting.
(4) Provision of assistance for capital improvements to historical and cultural institutions that can demonstrate both a major impact on the County’s tourism industry and significant private and public support.
(b) Restrictions on Grants. Grants from the General Fund shall be subject to the following restrictions:
(1) General fund resources shall not be used to replace resources from available federal, state or local funding sources.
(2) Grants to organizations shall not exceed fifty percent (50%) of the total project or program cost.
(3) Priority shall be given to requests for grants for capital improvements. One-time program (operating) demonstration grants shall be given consideration only if they directly address the strategic goals of the County as stated above.
(4) No grants shall be made for the purpose of ongoing operating costs.
(c) Financial Reporting on Grants. The County Executive shall establish financial reporting guidelines which all outside agencies, receiving a grant from the General Operating Funds of the County, are required to follow.
(Ord. 2001-336. Adopted 6-11-01.)