2013 2:00:00 PM

Monday, April 22, 2013 2:00 PM
City Council Chambers, Legislative Building, 745 Fourth St, Sparks, NV

Consent Items: 5.2

Title: Consideration, review and acceptance of the receipt of grant and/or donation money which is individually under $5,000.

Petitioner/Presenter: Curtis Cho, Accountant/Curtis Cho, 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 January 2013 to March 2013: Deshaun Lipscomb donated $7.11 to the Violence Against Women’s Police Program. Elden Crews donated $820.00 to the Canine Police Program. Sierra Chemical Co. donated $1,000.00 to the Partners in Parks & Recreation.

Alternatives: Council could approve the grants and donations given to the City as shown above. Council could direct staff return one or all of the amounts given to the City.

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

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