§1.20. Definitions  


Latest version.
  •             Department – The Department of Commerce and Community Affairs.

     

                Director –  The Director of the Department of Commerce and Community Affairs.

     

                Equipment – Nonexpendable personal property having a useful life of more than one year and an acquisition cost of $300 or more per unit.

     

                Grant Document – Contract documents between the Department and Grantee for a specific program period which details the responsibility of each party.

     

                Grantee – The local organization or entity receiving grant funds and administering grant program.

     

                Municipality – City, village or incorporated town.

     

                OMB – The federal Office of Management and Budget.