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Township to open three grant accounts after LSA, MAP and DCNR awards
Summary
Gilpin supervisors authorized opening three depository accounts—LSA grant, MAP planning grant, and DCNR park grant—directing Sharon Rolfoff to open and manage the accounts and confirming interest must remain in the accounts for project use.
Board members discussed newly awarded grants tied to a regional comprehensive plan (LSA and MAP) and park work (DCNR). The board authorized opening three depository accounts—one for each grant—and asked Sharon Rolfoff to open and handle the accounts.
"The checking account for DCNR grant would be Gilpin Township Park Grant account," one member noted, and members discussed naming conventions and that account signatories should match existing signatories. The board also clarified that grant interest must remain in the respective account and be used for the project, and that some contracts require accounts to be interest-bearing.
The motion to authorize opening the accounts passed by voice vote. Members discussed requiring a minimum number of signatories on checks and noted they could adjust signatories when the park authority is formally established.
