2016 2:00:00 PM

Monday, February 8, 2016 2:00 PM
Council Chambers, Legislative Building, 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 October 2015 to December 2015:

Donator: Amount: Purpose of donation

Sparks Elks Ladies $200.00 Donation to Violence Against Women Program

Ricardo Lara $5.00 Donation to Partners in Parks & Recreation

Julia Ratti $200.00 Donation to Partners in Parks & Recreation

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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