Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Grants topic
No spam. Unsubscribe anytime.
Arena Authority to apply for up to $750,000 from Charles Morton Share Trust
Summary
A board member moved and the Arena Authority board approved applying to the Charles Morton Share Trust for a grant of up to $750,000 to cover ongoing Arena Authority expenses; funds would be available upon request.
The Arena Authority voted to apply to the Charles Morton Share Trust for a grant of up to $750,000 to cover ongoing expenses the authority expects to incur. A board member moved the application, a colleague seconded, and members present voted in favor.
The motion said the funds would be made available "upon request" and that the authority did not intend to draw the full amount immediately. The transcript records affirmative votes from Glass, Hood, Slater, Holder, Clyde and Horton during the roll call on the motion.
The board did not specify a projected draw schedule or specific line-item uses for the potential grant during the motion. Next steps are administrative: staff will prepare and submit the application to the Charles Morton Share Trust per the board direction.
