Examples of CRF Funding in a sentence
Significant Reductions in CRF Funding Possible Recent actions by several subsequent participating manufacturers threaten to reduce the amount of revenue available to the states.
City must email the Xxxxxx County Auditor at CRF- Xxxxxxx@xxxxxxxxxxxxxx.xxx to obtain an electronic form to set up direct deposit into City’s segregated CRF Funding account through electronic ACH deposit.
If County has advanced CRF Funding or reimbursed City for expenditures that are ineligible or become ineligible as a result of changes in the CARES Act or the Treasury CRF Guidance, County has the right to withhold all or part of any subsequent reimbursement to City to offset a reimbursement to City for expenditures that were ineligible or became ineligible or for which City has not provided Expense Documentation as determined by County Auditor in her sole discretion.
Although expenditures made on and after March 1, 2020 are reimbursable under this Agreement, the term begins on the day this Agreement is last executed by the Parties and continues until March 31, 2021 or until all services have been rendered, the CRF Funding under this Agreement is distributed and all audits and reviews of the expenditures of CRF Funding are completed by the federal government, unless terminated earlier under any provision of it.
City is capable of providing the services and related activities for the appropriate reimbursement for distribution of CRF Funding.
City shall not distribute or use CRF Funding for any expenditures that are not allowable under applicable statutes, rules and regulations.
CRF Funding is not subject to the Cash Management Improvement Act of 1990, as amended.
If CRF Funding is deposited into an interest-bearing account or invested, City must treat all interest earned and all proceeds of investment as if it were CRF Funding received from Xxxxxx County and use it exclusively for Eligible COVID-19 Expenditures paid and incurred on or after March 1, 2020, and on or before October 31, 2020.
The Xxxxxx County Auditor in consultation with County’s consultant for maximizing the efficiency and effectiveness of County’s response shall maintain supervisory control of the ultimate reimbursement from CRF Funding for funds City has disbursed under any pre-approved Proposed City Program.
After County has approved the Proposed City Programs, City may request an advance of CRF Funding through the Xxxxxx County Auditor that covers actual costs incurred from on after March 1, 2020 with the Expense Documentation for reimbursement or up to 20% of their Not to Exceed Amount, whichever is larger.