Federal grant monies can only be expended for specific purposes and must be handled in the following method.
(A) That the money paid to the town will be used for specific equipment identified within the federal grant application.
(B) Money will be paid to the town and deposited into the Federal Fund and paid out to the specific vendor within three days of receipt.
(C) The Clerk-Treasurer is the custodian of the Fund for the town.
(Ord. 531, passed 4-23-2007)