(A) The following funds are hereby established in the village treasury:
(1) Third Street Construction Grant Fund - Fund 2062;
(2) Franklin Phase I Construction Grant Fund - Fund 2063; and
(3) Third Street Federal Grant Fund - Fund 2052.
(B) Monies deposited in these respective funds shall be used only for the purposes as established by the terms of the respective grants.
(C) The Village Manager is further authorized to execute any related grant agreements.
(Ord. 2023-041, passed 9-18-2023)