2015 2:00:00 PM

Monday, November 9, 2015 2:00 PM
Council Chambers, Legislative Buiding, 745 Fourth Street, Sparks, NV

Consent Items: 8.2

Title: Consideration, review and 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 2015 to September 2015:

Donator: Amount: Purpose of donation

* $266.87 City’s General Fund

Greg Evangelatos $275.00 Partners in Parks & Rec

Maricela Cordova $1.00 Partners in Parks & Rec

*Various people donated their CDS refund to the City’s General Fund. Each donation was individually less than $5,000.

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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