West Virginia Code of State Rules › Agency 205 - Outdoor Heritage Conservation Fund › Title 205 - LEGISLATIVE RULE BOARD OF TRUSTEES OF OUTDOOR HERITAGE CONSERVATION FUND › Series 205-01 - Rules Of The Outdoor Heritage Conservation Fund › Section 205-1-7 - Grant Awards

Current through Register Vol. XLI, No. 28, July 12, 2024
7.1. Grant monies
				awarded by the Board shall not be disbursed until a Grant Agreement between the
				Board and the grant recipient is fully executed by the Chair, or a duly
				authorized Board designee, and the grant recipient.
7.2. Pursuant to W. Va. Code §
									12-4-14,
				the Legislative Auditor shall be provided with the requisite notice within
				thirty days of making the grant awards or authorizing the disbursement of
				funds, whichever is later.
7.3. The
				Grant Agreement must include, but is not limited to, the following provisions:
7.3.a. The amount of the Grant
				Award;
7.3.b. The purpose of the
				Grant Award;
7.3.c. All eligible
				expenditures under the Grant Award;
7.3.d. Schedule for disbursal of monies from
				the Fund;
7.3.e. The Grant
				Period;
7.3.f. The project
				details;
7.3.g. A statement that
				the Applicant shall not assign, or transfer any of the rights, duties, or
				obligations of the Grant Agreement without prior written approval of the
				Board;
7.3.h. A statement that the
				Applicant shall submit annual reports for a period to be determined by the
				Board after the date of the Grant Award;
7.3.i. A statement that the Applicant shall
				submit a stewardship plan in a form and manner prescribed by the
				Board;
7.3.j. A statement that the
				Applicant agrees to allow the Board to review and inspect its records
				pertaining to the Grant Award and this Agreement, and the project funded by the
				Grant Award;
7.3.k. A statement of
				how monies for stewardship grants will be maintained and managed by the
				Applicant and a statement that the Applicant will demonstrate maintenance and
				management of such monies in a manner prescribed by the Board;
7.3.l. A statement that the Applicant shall
				not, without Board approval, sell, give, devise, or otherwise convey or
				encumber interests in real property acquired in whole or in part with Fund
				monies;
7.3.m. A statement,
				pursuant to W. Va. Code §
										5B-2G-9(g), that any real property interest
				acquired using Fund grant(s) shall revert to the Fund in the event that the
				interest in not being utilized strictly for conservation purposes;
7.3.n. A statement providing for the
				reversion to the Fund of grant monies used to purchase an interest in real
				property in the event that the interest is being extinguished or
				condemned;
7.3.o. A statement,
				pursuant to W. Va. Code §
										12-4-14, that within two years of the end of the
				grant recipient's first fiscal year in which the grant was awarded, recipients
				shall provide the Board with a written report prepared by an independent
				certified public accountant of the disbursement of the grant award for grant
				awards of $50,000 or more, or a sworn statement or audit of expenditures for
				grant awards in an amount of less than $50,000, and a copy of the final deed
				transferring interests in real property to the grant recipient, if
				applicable;
7.3.p. A statement that
				the Applicant and any partners to the Application indemnify and hold harmless
				the State of West Virginia and the Board for any liability arising from the
				Grant Agreement;
7.3.q. A sworn
				statement from an authorized representative that the Applicant has filed all
				reports for state grants received as required under W. Va. Code §
										12-4-14;
				and
7.3.r. A statement that the
				information provided in the Application and in the project details of the Grant
				Agreement are true and correct.