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| ARF- 2609 |
Regular Agenda Item 4. G.
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| Regular BOS Meeting |
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| Information |
| Request/Subject |
| Freeport-McMoRan Copper and Gold Grant Application and Award. |
| Background Information |
Freeport-McMoRan Copper and Gold has established Community Investment Funds (CIFs) in communities near their operations in Colorado, New Mexico and southeastern Arizona. The CIFs engage community leaders in cultivating and assessing community projects that address identified priorities, and allow them to allocate Freeport-McMoRan Copper Foundation funds to projects that have a positive, sustainable impact.
Each CIF is governed by a committee of 7 to 10 community representatives as well as two company representatives. The committee reviews all proposals and determines which projects best address the community's priorities, while also producing a sustainable benefit or contributing to overall community sustainability. |
| Evaluation |
| Gila County Community Services Division, Housing Services, submitted a grant application on February 28, 2014, to be considered for funding in the amount of $10,000, from Freeport-McMoRan Copper & Gold, Community Investment Funds. On June 5, 2014, Freeport-McMoRan held their awards ceremony to announce the recipients of the grants. Gila County Housing Services received funding in the amount of $10,000. As noted in the application, these funds will be used to provide emergency minor home repair to eligible persons residing in Globe, Miami, or Claypool, age 60 years of age and over or disabled persons of any age. |
| Conclusion |
| Funds received from said grant award will be used to provide minor emergency home repair to eligible persons residing in Globe, Miami, and Claypool. |
| Recommendation |
| The Gila County Community Services Division Director recommends ratifying the grant application and accepting the grant award from Freeport-McMoRan Copper & Gold. |
| Suggested Motion |
| Information/Discussion/Action to ratify the submission of a grant application by the Community Services Division, Housing Services to Freeport-McMoRan Copper & Gold (Freeport), which was submitted on February 28, 2014; and to accept a grant award from Freeport in the amount of $10,000 which will be used during the period of July 1, 2014, through June 30, 2015, to provide minor home repairs to eligible citizens residing in Globe, Miami, and Claypool. (Malissa Buzan) |
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