Common use of Capital Construction or Operation Clause in Contracts

Capital Construction or Operation. If the Project is for the purpose of capital construction or operation, the Recipient may request advance disbursement of up to 50 percent of the Grant Award. If the request is granted, the Recipient must reconcile the advance in its last disbursement request at the end of the County's fiscal year.

Appears in 3 contracts

Samples: Affordable Housing Program Grant Agreement, Affordable Housing Program Grant Agreement, Affordable Housing Program Grant Agreement

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Capital Construction or Operation. If the Project is for the purpose of capital construction or operation, the Recipient may request advance disbursement of up to 50 percent of the Grant Award. If the request is granted, the Recipient must reconcile the advance in its last disbursement request at the end of the County's ’s fiscal year.;

Appears in 1 contract

Samples: Housing and Homelessness Division Grant Agreement

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