Reso 2014-2355 - Laserfiche WebLink

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11. Grant Reporting Requirements. The Grantee must submit the following reports to the Division, using the Cultural Facilities Progress Report form. The Cultural Facilities Progress Report form is available on the Divisions website at http: /hvww.flor-ida- arts.org /resources /erantforms /. a) First Project Progress Report is due by January 3 L 2015, for the period ending December 31; 2014. b) Second Project Progress Report is due by July') 1, 2015, for the period ending June 30; 2015. c) Third Project Progress Report is due by January 31, 2016, for the period ending December 31, 2015. d) Final Report. The Grantee must submit a Final Report to the Division by July 15, 2016. 12. illatching Funds. Matching funds must meet the following requirements: a) Be directly related to the specific construction or renovation work described in the Project Description and detailed in the Estimated Project Budget. b) May not consist of general operating expenses as described in Section 10 of this agreement. c) Be clearly accounted for by documentation maintained at the Grantee's office. d) May not consist of state dollars from any source. e) May not consist of matching funds claimed for any other state grant. 0 May have been expended prior to July 1. 2014; as long as the expenditures are clearly a part of this grant project, as described in the Project Description and detailed in the Estimated Project Budget. g) If the Grantee's total support and revenue for the last completed fiscal year is S1,000,001 or more, the Grantee must provide not less than S2.00 in matching funds for every $1.00 of state funds received under this Agreement. h) If the Grantee's total support and revenue for the last completed fiscal year is less than $1,000,001, the Grantee must provide not less than S1.00 in matching funds for every $1.00 of state funds received under this Agreement. i) Documentation of in -kind contributions must substantiate fair market value. j) The matching requirement for grants for Rural Economic Development Initiative (REDI) counties or communities designated in accordance with Section 288.0656, Florida Statutes; and approved for reduction in accordance with Section 288.06561, Florida Statures, by the application deadline is S 1.00 in matching funds for every S 1.00 of state funds received under this Agreement. 13. Grant Completion Deadline. The grant completion deadline is June 1, 2016. The Grant Completion Deadline is the date when the project is 100% complete and all grant and matching funds have been paid out in accordance with the work described in the Scope of Work, detailed in the Estimated Project Budget. If the Grantee finds it necessary to request an extension of the Grant Completion Deadline, the 5