The Town of Bourbon will be serving as the fiscal agent for the Bourbon Main Street Initiative until the organization receives a non-profit 501(c) status.
According to Clerk-Treasurer Kim Berger, the Main Street Initiative Group is seeking a grant through the Marshall County Community Foundation. However, since they aren’t currently classified as a 501(c) charitable organization, they needed to find a pass-through entity that can hold onto the money, if they’re awarded the grant.
When Town Council members met on Tuesday, they agreed to serve as the “middle man” for the time being.
Town Attorney Anthony Wagoner said to make it official, a resolution will need to be passed. He said that is being drawn up and will be presented to council members for their approval at the council’s next meeting in March.
