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Sparks City Council Meeting 10/23/2017

Consent Items: 8.2

Title: Consideration, discussion and possible acceptance of the receipt of grant and/or donation money which is individually under $5,000.
Petitioner/Presenter: Jeff Cronk, Financial Services Director/Rick Parton, Accountant
Recommendation: That Council approves the acceptance of grants and/or donations received that are individually under $5,000.
Financial Impact: None – this will impact cash flow only.
Business Impact (Per NRS 237):
    
A Business Impact Statement is not required because this is not a rule.
Agenda Item Brief:

Formal policy established for grants and donations directs that Council approve the acceptance of grant awards less than $5,000 via a staff report which details the receipt of such grants and donations. 



Background:

On March 11, 2013 Council approved Resolution No. 3234, which established a policy for the acceptance of grants and donations received and recorded by the Financial Services Department which are under the amount of $5,000 individually.



Analysis:

The following donations were awarded to the City during the period from July 2017 to September 2017:

 

         Donator:                              Amount:              Purpose of donation

         *                                           $75.00                   Partners in Parks & Recreation

                                                              

* Various people donated to the Partners in Parks & Recreation program. Each donation was individually less than $5,000.



Alternatives:

Recommended Motion:

I move to accept the receipt of grant and/or donation money which is individually under $5,000.




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