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File #: 2006-0975    Version:
Type: Resolution Status: Passed Finally
File created: 11/28/2006 In control: Committee on Finance, Law and Purchasing
On agenda: Final action: 12/12/2006
Enactment date: 12/12/2006 Enactment #: 790
Effective date: 12/19/2006    
Title: Resolution authorizing and directing the City Controller to create a special trust fund, to be designated as the “Grants Trust Fund”, for the purpose of depositing grant funds received from various sources to be used for purposes as set forth in approved grant agreements.
Indexes: TRUST FUND
Attachments: 1. 2006-0975.doc, 2. 2006-0975-v2.doc
Presenter
Presented by Mr. Deasy
 
Title
Resolution authorizing and directing the City Controller to create a special trust fund, to be designated as the "Grants Trust Fund", for the purpose of depositing grant funds received from various sources to be used for purposes as set forth in approved grant agreements.
 
Body
Be it resolved by the Council of the City of Pittsburgh as follows:
 
Section 1.  The City Controller is hereby authorized and directed to create a special trust fund, to be designated as the "Grants Trust Fund", for the deposit of non-entitlement monies (including but not limited to competitive grant awards) received from federal, state, local or private sources for the purpose of supporting and enhancing City assets and functions.  Monies deposited into said trust fund shall be used by the City of Pittsburgh to enter into an agreement or agreements or use of existing agreements and/or a contract or contracts, or use of existing contracts to cover approved expenditures for the payment of salaries, transfers, fringe benefits, supplies, equipment, utilities, materials, rentals, professional and miscellaneous services and any other services required in connection with supporting the administration and expenditure of "Grants Trust Fund" monies and/or complying with grant award requirements.  Monies from the various sources shall be tracked by the establishment of separate Program numbers in the "Grants Trust Fund".  The Director of Finance Grants and Development in the Mayor's Office shall be responsible for tracking all grants pertaining to this trust fund.