Community Agency Grant

The City of Cottonwood has awarded a grant to Low Income Student Aid (L.I.S.A.) to support their programs and services. The grant is for a maximum amount of $13,500.00, payable in quarterly installments of $3,375.00. The grantee is required to submit quarterly and year-end reports to the City. The agreement can be terminated by either party with 30 days written notice. Key aspects of the contract include the grant amount, payment schedule, reporting requirements, and termination clause. • The grant is for a maximum amount of $13,500.00. • The grantee is required to submit quarterly and year-end reports. • The agreement can be terminated by either party with 30 days written notice. • The City has the right to cancel the agreement due to conflict of interest. • The grantee is required to acknowledge the City's financial support in their program and promotional materials.