Grant Allotment definition

Grant Allotment means an agreement to pay grant funds in a lump sum or in installments to an applicant in accordance with the terms of the agreement. For this purpose, allotments shall in no case exceed one dollar ($1.00) for every dollar of local tax funds expended on the project by the County. Federal or other state funds available to the project will not be eligible as matching money under the state program.

Examples of Grant Allotment in a sentence

  • Notwithstanding the estimated “Service Agreement Amount” set forth in Exhibit A, the Parties may enter into a (or modify an existing) Service Agreement up to, but not to exceed, the Total Grant Allotment amount set forth in Exhibit A.

  • Information pertaining to the Subgrants, such as the applicable Lead Subgrantee, Subgrant Number, Grant Start and End Date, and Total Grant Allotment is set forth in Exhibit A attached hereto.

  • Pursuant to the delegation of authority approved by each Party’s Board of Supervisors or City Council in connection with the approval of this MOU, in the event that additional funds are allocated by the funder or CWDB for a grant / WIOA Subgrant, the Parties may increase the Total Grant Allotment set forth in the related Service Agreement in an amount not to exceed $200,000 without first obtaining approval from each Party’s respective Board of Supervisors or City Council.

  • Any increase to an existing Total Grant Allotment set forth in Exhibit A in excess of $100,000 requires approval of each Party’s Board of Supervisors.

  • Any increase to an existing Total Grant Allotment in excess of $200,000 requires the approval of each Party’s Board of Supervisors or City Council.

  • Pursuant to the delegation of authority approved by each Parties’ Board of Directors in connection with the approval of this MOU, in the event that additional funds are allocated by CWDB for a Subgrant, the Parties may increase the Total Grant Allotment set forth in Exhibit A and the related Service Agreement in an amount not to exceed $100,000 without first obtaining approval from each Party’s respective Board of Supervisors.