Conditions for Disbursement of Funds

Conditions for Disbursement of Funds. A. A Grant Agreement will be executed between the Local Sponsor and MDA. A grant agreement must be signed before request for cash can be processed. B. All funds will flow through the Local Sponsor. C. MDA will release SMLPC Program funds on a reimbursement basis, for approved eligible costs of the project. D. The municipality or county shall certify to MDA during construction that the expenses were incurred and were in accordance with the application approved by MDA. E. Funds will be released upon receipt of the SMLPC Program Request for Cash and supporting documentation from the local unit of government. F. The municipality or county have two years from the date of the award to expend the funds under the SMLPC Program. G. Failure to implement and complete the project may result in the grant being voided and funds de-obligated.