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HomeMy WebLinkAbout2017-02-21-G01 Presentation-Resolution_Waukee Festivals Fund Transfer AGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: February 21, 2017 AGENDA ITEM: Consideration of approval of a resolution approving and authorizing transfer of funds to Waukee Festivals non-profit organization FORMAT: Resolution SYNOPSIS INCLUDING PRO & CON: Members of the Waukee Festivals organization will be present to accept a check from the City. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: $24,086.17 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the resolution. ATTACHMENTS: I. Proposed Resolution PREPARED BY: Becky Schuett REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: THE CITY OF WAUKEE, IOWA RESOLUTION 17- APPROVING AND AUTHORIZING TRANSFER OF FUNDS TO WAUKEE FESTIVALS NON-PROFIT ORGANIZATION IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA WHEREAS, the City of Waukee, Dallas County, State of Iowa, is a duly organized Municipal Organization; AND, WHEREAS, a former Waukee Leadership Institute class had a project to help administer what is now known as the Celebrate Waukee summer festival; AND, WHEREAS, due in part to their success with Celebrate Waukee, the Waukee Festivals organization was formed and requests that the City of Waukee allow them to independently organize and administer Celebrate Waukee and the BACooN Bike Ride registration/pre-ride event; AND, WHEREAS, the Waukee Festivals organization has applied for and received 501(c)3 status from the Internal Revenue Service; AND, WHEREAS, the City of Waukee has earmarked $24,086.17 in the FY2017 City budget for the Celebrate Waukee and BACooN Bike Ride events; AND, WHEREAS, the $24,086.17 total amount includes $8,586.17 in profits from 2015-2016, a $500.00 reimbursement as part of MidAmerican Energy sponsorship, and $15,000.00 as the City’s Year 1 contribution to the Waukee Festivals organization. WHEREAS, the City of Waukee has the utmost confidence in the leadership of the Waukee Festivals organization to utilize these funds to draw hundreds of visitors to our community for both events, while providing residents with activities that can be enjoyed by all ages. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Waukee, Iowa on this 21st day of February, 2017, that it hereby approves and authorizes the transfer of $24,086.17 to the Waukee Festivals non-profit organization. ____________________________ William F. Peard, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk ROLL CALL VOTE AYE NAY ABSENT ABSTAIN Anna Bergman R. Charles Bottenberg Brian Harrison Shelly Hughes Larry R. Lyon