Cold Lake City Council has extended the deadline for their Community Capital Grant.
“There are so many community groups that could really take advantage of this grant, and funding from council,” said Mayor Craig Copeland. “We hope to see more groups submit an application for the funding.”
Originally launched in November, the deadline for applications is scheduled for March 1st of every year. The extension passed at Tuesday’s council meeting applies only to this year.
“Since this is the first year we have had the grant policy, we felt it was important to make sure people were aware of its existence and the application deadline,” said Copeland. “It was a bit of a short turnaround to the original deadline, and that is part of the reason we opted to extend it.”
In order to be eligible to apply for the grant, an organization must be based in the City of Cold Lake, and registered as not-for-profit, or as a charitable organization. As well, the organization must demonstrate sustainability, and their primary mandate must be to provide sports, recreation, arts, culture, social services, or community wellness within Cold Lake.
An organization will only be allowed to receive one Community Capital Project Grant every two years. Applicants must be able to show matching funds, and the grant will cover up to one-third of the project costs, up to a maximum of $50,000. The number of grants handed out will be based on allowable budget allocation.
A full list of criteria, forms, and the application process can be found on www.coldlake.com under Mayor & Council.