Res 1992-011 - Laserfiche WebLink

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amended in the following manner: Department may from time to time during the period of performance for the RLF issue policy directives which serve to establish, interpret, or clarify performance requirements for these funds. Such policy directives will be promulgated by the Director of the TCDP in the form of TCDP issuances, will have the effect of qualifying the terms of this fund and will be binding upon communities. as if written herein, provided however that said policy directives and any amendments to said Manual shall not alter the terms of this fund prior to the effective date of sajd amendments or policy directives. Reporting Requirements After the original contract has been closed out, the city/county will submit to the Department a report which details all recaptured program income and expenditures of this program income on an annual basis. The city/county will be required to certify that all expenditures of program income have been in accordance with their approved RLF policy guidelines. Forms for this report will be provided to the them by the Department. Other Requirements Businesses claiming retained jobs as part of a proposal must provide documentation that the employees will be permanently laid off or the business will close down or relocate out of state if RLF monies are not avaiJable. This requirement will apply Ü the Contractor structures its RLF to allow job retention. If a firm requires infrastructure improvements such as expanded treatment facilities, the applicant can only request the minimum amount of RLF funds needed to fund additions or improvements for that specific business. This requirement will apply tl the contractor structures its RLF to allow for infrastructure improvements. The costs of providing infrastructure to benefit a specific business must not exceed the amount of resources available to the city/county (this means resources other than the RLF). Any available resources to the city/county must be put in "first", thereby creating a "gap". This requirement will apply Ü the community structures its RLF to allow for infrastructure improvements. tf the RLF is not administered in accordance with the plan submitted and approved by Commerce, the Department reserves the right to disqualify the city/county for additional TCF grants. Any alterations, additions, or deletions to the terms of this fund by the Community require written approval from the Department. However, the Department understands that the Community will have certain procedures in use or written procedures which will be used to implement their approved policy which may change. Additionally. EXHIBIT A, THE APPLICABLE LAWS AND REGULATIONS. and EXHIBIT B. CERTIFICATIONS. must be Dart of the adoptAd plan. These exhibits follow on pages 14 through 16, inclusive. All of the aforementioned items must be incorporated into each community's RlF if the original contract provided for one. - 12 -