2017 2:00:00 PM

Monday, October 23, 2017 2:00 PM
Council Chambers, Legislative Bldg., 745 4th St. , Sparks, NV

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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