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<br />The proposed criteria for making grants from the Operational Account include: <br /> <br />I) sharing of up to 50-percent of the total cost of the study or investigation <br /> <br />2) an upper limit of $10,000 per entity per year. <br /> <br />All applications for Operational Account grants must have a complete project description, <br />scope of work, cost estimate, budget, and schedule. <br /> <br />Recommendation <br /> <br />Staff recommends that the Board adopt the above general criteria for use of the Perpetual <br />Base Account and the Board's share of the Operational Account of the state's Severance Tax Trust <br />Fund. <br /> <br />Attachment <br /> <br />L:\BOARDM EM\NQV96\06_ DOC <br /> <br />8 <br /> <br />~-- <br /> <br />,~ <br /> <br />. <br /> <br />. <br />