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NEW Requirements for MCA Grant applicants in effect now

NEW MATCHING FUND REQUIREMENT FOR ALL GRANT APPLICANTS PER CITY CODE
under Middletown Code of Ordinances, Chapter 44, Section 44-11 Federal, state or other grants, Part B and is here transcribed in its entirety:
Municipal grant awards.
Unless specifically approved by the Common Council, all grants requiring the expenditure of any City funds must have a 1:1 matching requirement so that every dollar expended by the City is matched by a dollar expended by non-City sources. No City funds may be used in meeting this dollar-for-dollar matching requirement, nor may any in-kind services be used as equivalents to meet the matching requirement. Every dollar expended by the City must be matched by an actual dollar expended by non-City sources. When applying for municipal grants, the prospective grant recipients must submit copies of the organization’s budget from the prior year and the year in which the grant is sought, financial statements for the most current reporting period, and a list of funding sources for the prior year and the year in which the grant is requested.
[Added 5-2-2016 by Ord. No. 07-16]