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Organizations will receive 90% of the financial support awarded. All applications <br />receiving support for events from the City will be required to submit a final report <br />on the event within 90 days following their events. That report shall include <br />documented use of awarded funds (if applicable), event attendance and highlights, <br />etc. Failure to submit the report, in its entirety, within the specified time line will <br />forfeit 10% of the current year funding. <br />51 Page <br />