2001-01
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South Lake County Community Foundation, Inc.
Award Aereement
By signing this Agreement and Contract, the South Lake County Community
Foundation, Inc. acknowledges it will make a monetary award to the organization
described below (the "Grantee"). Upon the Grantee's signing of this Agreement and
Contract the Grantee acknowledges acceptance of the monetary award and understands
the funds may be used for the purpose described within and in accordance with the
approved request.
Award Authorization Date: 9/30/00
Award ID# 20FO027
Amount: $58.000.00
Contact: Mr. Wayne Saunders
Grantee: City of Clermont
Grant Period: Commence Date: 9/30/00
Termination Date:9/30/01
Project TitlelDescription Hancock Recreation Area
Conditions
Required Reports: Interim Reports Due: ~ I 1...1 (74
Final Report Due: ~ I 0
I.
PUBLIC ANNOUNCEMENT: The Foundation is a publicly supported
organization and it is important the public be aware of it's contributions and
commitment to the will-being of the community. Any publicity regarding the
above described project must identify the Foundation as a funder.
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South Lake County Community Foundation, Inc.
Award Agreement and Contract
Page Two
II.
EXPENDITURE OF FUNDS:
A. The awarded funds are to be expended in strict accordance with the approved
budget and plan described within the respective request. The grant request
along with all other pertinent papers or exhibits shall be considered a part of
this contract. Any expenditure change must be approved, in writing, by the
Foundation prior to implementing any changes.
B. The Grantee shall return to the Foundation any funds that:
1. Remain unexpended at the termination of the award period;
2. Are determined to have been spent contrary to the approved plan and
without approval 1Ì"om the Foundation;
3. Have not been spent at the time the organization loses it tax-exempt status.
C. Expenses charged against this award may not be incurred prior to the effective
date of the award or after the termination date.
D. The Grantee is responsible for maintaining documentation showing proper
expenditure of the funds. The Foundation reserves the right to review the
documentation and spending practices of the Grantee at any time during the
award period.
III.
GOVERNING LAW:
A. This agreement shall be governed by and construed in accordance with the
Laws of the State of Florida.
B. The grantee shall be liable for all costs, including reasonable attorney fees
incurred by the Foundation resulting 1Ì"om any breach of this agreement by the
Grantee.
For the Foundation:
For the Grantee:
Date
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