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A RESOLUTION TO ADOPT A POLICY FOR FINANCIAL MANAGEMENT OF GRANTS
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WHEREAS, grants represent a valuable source of funding for projects to benefit the citizens of the City of Jonesboro; and
WHEREAS, to ensure that grantors continue to view the City of Jonesboro as a worthy recipient of these funds, the City must comply with all financial requirements imposed by grantors;
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
Section 1: The attached policy, titled “Grants Financial Management Policy”, is hereby adopted.
PASSED and ADOPTED the 17th day of November, 2009.