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A. There is hereby established a revolving fund, to be called the “Matching Grant Fund,” not subject to fiscal year limitation, to be administered by the Treasurer of the Osage Nation.

B. The initial deposit into the Matching Grant Fund shall be One Hundred Seventy-Five Thousand Dollars ($175,000.00), and shall be drawn from the general fund of the Osage Nation Treasury within one hundred eighty (180) days of the effective date of this Act.

C. The funds deposited in the Matching Grant Fund shall be invested in accordance with the approved investment policy of the Osage Nation, and all interest and dividends derived from the Matching Grant Fund investments shall be deposited back into the fund.

D. Any interest derived in the Matching Grant Fund shall revert back to the fund to be used for future grant awards requiring a contribution from the Nation. ONCA 15-50, eff. Apr. 24, 2015.