By Gary Huffenberger – ghuffenberger@wnewsj.com WILMINGTON — A spending plan for Legacy Fund grants is taking shape, even as delving into the matter reflects how ticklish the job of awarding grant money can be. In Wednesday discussions, Clinton County commissioners brought up a variety of factors that a committee deciding among grant applications may want […]
By Gary Huffenberger – ghuffenberger@wnewsj.com WILMINGTON — Though no formal action has been taken, Clinton County commissioners are looking at a spending plan for Legacy Fund grants that has as a guidepost, in the first year anyway, 60 percent of allocated dollars going to local governments. It’s expected that a recently formed Clinton County Legacy […]
By Gary Huffenberger – ghuffenberger@wnewsj.com WILMINGTON — There’s real potential for the dollar amount in the Clinton County Legacy Fund to be substantially increased — which would generate greater revenue to go toward grants that benefit the local community. Earlier this year Clinton County commissioners established the Legacy Fund with a start-up amount of $10 […]
By Gary Huffenberger – ghuffenberger@wnewsj.com WILMINGTON — Clinton County commissioners put the finishing touches Wednesday to bylaws for the Clinton County Legacy Fund — a fund that will generate ongoing income for grants to benefit the community and residents. Discussed Wednesday is the way the members of the five-person Grant Selection Committee will be recruited. […]
By Gary Huffenberger – ghuffenberger@wnewsj.com WILMINGTON — The spending policy of the Clinton County Legacy Fund probably will be adjusted in order to cushion its grant dollars from downswings in the financial markets. Commissioners voted in January to establish the legacy fund, which will have a start-up amount of $10 million to invest and generate […]
By Gary Huffenberger – ghuffenberger@wnewsj.com WILMINGTON — Commissioners voted Wednesday to establish the Clinton County Legacy Fund, which will have a start-up amount of $10 million to invest and generate ongoing income for grants that benefit the community and its residents. The $10 million is part of the proceeds the county received from selling county-owned […]
By Gary Huffenberger – ghuffenberger@wnewsj.com WILMINGTON — The starting amount for a planned Clinton County endowment fund apparently will include some money the county received from the sale of CMH properties, in addition to $2.9 million that the former county-owned hospital generated doing business. During the Clinton County commissioners meeting on Monday, Clinton County […]