Sparks City Council Meeting 5/28/2013 2:00:00 PM
Tuesday, May 28, 2013 2:00 PMCity Council Chambers, Legislative Building, 745 Fourth St, Sparks, NV
Consent Items: 5.8
Title: Consideration and possible approval of renewing the city's financial support for the Economic Development Authority of Western Nevada (EDAWN) for fiscal year 2012-13.
Petitioner/Presenter: Shaun D. Carey/Shaun D. Carey
Recommendation: That Council approves the funding request.
Financial Impact: N/A
Total Costs: $32,275.00
Total Costs: $32,275.00
Fund: General Fund Account: 603160 Program: Economic Development (059041) Amount: $32,275.00 Budget Status: Over Budget (See Budget Correction Plan) |
Budget Correction Plan: These funds were approved by City Council on April 9, 2012. |
Business Impact (Per NRS 237):
A Business Impact Statement is not required because this is not a rule.
A Business Impact Statement is not required because this is not a rule.
Agenda Item Brief: Funding request.
Background: At the April 9, 2012 City Council meeting, the City Manager recommended approval of city sponsorships and memberships in several organizations for fiscal year 2012-13. Council approved funding and requested that any items over $25,000 be brought back for consideration when the expenditure was due. We have received a request from EDAWN for financial support in the amount of $32,275.00.
Analysis:
Alternatives:
Recommended Motion: I move to approve renewing the city's financial support for EDAWN for fiscal year 2012-13 in the amount of $32,275.00.