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HomeMy WebLinkAbout10A Donations and Grants O4 PRIp� ti � U tr� 4646 Dakota Street SE `�INxESO`��` Prior Lake, MN 55372 CITY COUNCIL AGENDA REPORT MEETING DATE: MAY 13, 2013 AGENDA #: 10A PREPARED BY: CATHERINE ASMUS, ACCOUNTANT PRESENTER: JERILYN ERICKSON, FINANCE DIRECTOR AGENDA ITEM: CONSIDER APPROVAL OF A RESOLUTION ACCEPTING DONATIONS AND GRANTS TO THE CITY DURING THE FIRST QUARTER OF 2013 DISCUSSION: Introduction The purpose of this agenda item is to consider acceptance of donations and grants made to the City during January, February and March of 2013 and to authorize city staff to amend the budget for any additional revenues received and expenditures that may be incurred to comply with grant agreement and restricted donations. This item is typically scheduled on consent but so that the city council can recognize contributors, it has been included as new business. Hi StOry Minnesota State Statute 465.03 requires that the City accept a grant or devise of real or personal property and maintain such property for the benefit of its citizens in accordance with the terms prescribed by the donor. In addition to being a legal requirement, this resolution encourages ' transparency in government and accountability. Current Circumstances A resolution has been prepared that identifies the donations and grants that were received during the 1 quarter of 2013 and the terms in which they were presented. If a donation or grant was accepted under separate resolution, it has not been included in this current list. While it is certainly our intent to include all donations and grants for the 1 St quarter of 2013, we recognize that we may have inadvertently missed some. Those will be addressed in subsequent resolutions. Conclusion Staff is requesting that the Council accept the donations and grants received and authorize them to amend the budget. Staff intends to seek Council acceptance of donations and grants each quarter during the year and amend the budget when appropriate. ISSUES: This agenda item allows City Council to publicly recognize the donations and grants made to the City in the interest of transparency. FINANCIAL Certain donations and grants and their corresponding expenditures are IMPACT: reflected in the annual budget due to their recurring nature. Acceptance of additional donations and grants may result in additional or offsetting expenditures depending on the terms prescribed by the donor. In 2012, the City received approximately $622,006 in grant funding. The City spent approximately $439,803 to complete projects totaling approximately $1,061,809. ALTERNATIVES: 1. Approve the resolution accepting donations and grants received by the City during the 1S quarter of 2013 as presented. 2. Delay action if the Council requires additional information. RECOMMENDED Alternative #1. MOTION: 2 O � PRlp� ti � U � 4646 Dakota Street SE `�'tnnvsso'��' Prior Lake, MN 55372 RESOLUTION 13-xxx A RESOLUTION ACCEPTING DONATIONS AND GRANTS TO THE CITY DURING THE 1ST QUARTER OF 2013 Motion By: Second By: WHEREAS, MN Statute 465.03 requires that cities accept donations for the benefit of its citizens in accordance with the terms prescribed by the donor; and WHEREAS, Additional revenues received may require the City to incur additional expenditures in order to comply with grant agreements and restricted donations; and WHEREAS, The City has received the following donations of money, goods or property during January, Februa , and March of 2013: Donor Value Desi nated Use Shakopee Mdewakanton Sioux $100,000.00 Police —1st Quarter 2013 Community Robert Morris $150.00 Donated 1 st quarter time as EDA Member Michelle Choudek $150.00 Donated 1st quarter time as EDA Member Alex Messner- Shakopee High $500.00 Donated 2 benches for Pike Lake Park School Ker Callahan $2399.00 Bowflex Home G m E uipment Linda Schaefer 25.00 Puzzles for Club Prior Prior Lake Optimists $800.00 Archery Pro ram NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. City staff is authorized to amend the budget to comply with grant agreements and restrictive donations. 3. The grants and donations are hereby officially accepted and acknowledged with gratitude to the donors. PASSED AND ADOPTED THIS 13� DAY OF MAY, 2013. YES NO Hedber Hedber Keene Keene McGuire McGuire Morton Morton Souku Souku Frank Boyles, City Manager