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<br /> <br /> <br />Page 5 of 5 <br /> <br />Property Insurance Grantee shall keep the Property insured in an amount sufficient to <br />permit such insurance to be written at all times on a replacement cost basis. <br />Fidelity Insurance. Every officer, director, employee, or agent who is authorized <br />to act on behalf of the Grantee for the purpose of receiving or depositing funds into <br />program accounts or issuing financial documents, checks, or other instruments of <br />payment for program costs shall be insured to provide protection against loss: <br /> <br /> <br />GRANT AWARD <br /> <br />The Grant Award is a one-time funding payment totaling $200,000.00, payable to Grantee <br />within thirty (30) days of receipt of invoice and IRS form W-9 by Grantor. <br /> <br /> <br /> <br />