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Home My WebLink About05-08 RESOLUTIONRESOLUTION NO. 05-08 A RESOLUTION TO APPROVE APPROPRIATING $25,000.00 OF ECONOMIC DEVELOPMENT FUNDS TO MATCH A $25,000.00 PRIVATE DONATION TO FUND THE $45,000.00 LIGHTING PROJECT FOR THE ARKANSAS AIR MUSEUM WHEREAS, Mr. Hugh Brewer generously donated $25,000.00 to the Arkansas Air Museum to be used as a matching grant for the necessary upgrade in lighting project; and WHEREAS, the City of Fayetteville should use $25,000.00 from its economic development funds to match this pnvate donation so that it can upgrade the lighting in the Arkansas Air Museum to meet Smithsonian standards and quality for Smithsonian traveling exhibits. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: The City Council of the City of Fayetteville, Arkansas hereby approves the Budget Adjustment attached as Exhibit A transferring $25,000.00 from the Designated Fund Balance to the Arkansas Air Museum to fund improved lighting so that the Arkansas Air Museum can qualify as a Smithsonian Museum Partner. Section 2. The City Council of the City of Fayetteville, Arkansas hereby extends its thanks to Hugh Brewer and his family for their $25,000.00 contribution that helped make the new lighting project and the hoped for Smithsonian Museum Partner status possible. PASSED and APPROVED this 3"I day of January, 2008. APPROVED: By: DAN COODY, Mayor ATTEST: By: /a $ 2.•�j1Y os .4;b% E FAYETTEVILLE: A %9s'9RK SQc' ��1''y• AN J. �.VGTON,GO.' .auuIu.• SONDRA E. SMITH, City Clerk/Treasurer City of Fayetteville, Arkansas Budget Adjustment Form Budget Year 2008 Department: General Govemment Division: Miscellaneous Program: Miscellaneous Date Requested 1/3/2008 Adjustment Number Project or Item Added/Increased: $25,000 in the Transfer to Arkansas Air Museum account Project or Item Deleted/Reduced: $25,000 from the Use of Designated Fund Balance account Justification of this Increase: Funds will be used to upgrade lighting in the museum display area Justification of this Decrease: Sufficient funding remains to comply with City policy. Increase Expense Budget (Decrease Revenue Budget) Account Name Account Number Amount Project Number Transf to Ar Air Museum 1010 6600 5733 00 25,000 Account Name Decrease Expense Budget (Increase Revenue Budget) Account Number Amount Project Number Use of Designated Fnd Bal 1010 0001 4999 98 25,000 Approval Signatures Requested 13 Depa `- ent Director Teust Finance & Intema f rvices D ector Mayor I 10 Da Dat agate `//9 I%- vi -b7 Dine if Date Budget Office Use Only Type: A B C E Posted to General Ledger Posted to Project Accounting Entered in Category Log Initial Date Initial Date Initial Date Ray M. Boudreaux Submitted By hldcbd ;ow 44v City of Fayetda ille Staff Review Form City Council Agenda Items or Contracts 1/3/2008 City Council Meeting Date Aviation & Economic Development Division Action Required: s 173l6g 05-0g iOrAtni.s filArsietfri 1404115 General Government Department Action Required: Approve a request from Arkansas Air Museum for Economic Development Matching funds. Contact: Warren Jones, Director; 4290 S School Ave, Fayetteville, 72701; 479-5214947; warren.jonesl@cox.net 25,000.00 Cost of this request 1010.6600.5733.00 Account Number 02050 1 Project Number Budgeted Item 6,000.00 Funds Used to Date 6,000.00 Department .'rector City Attorney Remaining Balance Budget Adjustment Attached 12 /riferi Date Finance and Internal Service Director Mayor l Z .2.0 07 Date Date X Transfer to Arkansas Air Mus Program Category / Project Name Transfer to Arkansas Air Mus Program / Project Category Name General Fund (Designated) Fund Name Previous Ordinance or Resolution # Original Contract Date: Original Contract Number: Received in rk's Office Received in Mayor's Office Comments: City Council Meeting of: January 3, 2008 Agenda Item Number: CITY COUNCIL AGENDA MEMO/STAFF CONTRACT REVIEW MEMO TO: THRU: Mayor and Members of the City Counci- StaflContract Review Committee FROM: Ray M. Boudreaux, Director, Aviation and Economic o evelopment DATE: December 19, 2007 SUBJECT: Approval of Arkansas Air Museum request r r $25,000.00 for new building lighting. RtECOMMENDATION: Approval of Arkansas Air Museum request for $25,000.00 to pay for the new fighting project which will assist the museum in their quest to become a Snuthsonian Museum Partner. This money will be used along with private donations of $20,000.00 to fund the $45,000.00 project. The lighting will significantly enhance the appearance of the displays. BACKGROUND: This grant from the Economic Development Fund Balance satisfies a request from the Museum during the 2008 budget process. The grant was denied due to budgetary constraints. This course of action was suggested by the City Council at their council meeting of December 18, 2008 when discussing final allocation of limited funds available. Council recommended this funding and the source of funds. BUDGET IMPACT: This grant will be taken from the Economic Development Match Fund that includes proceeds from the sale of Wilson Springs. Attachments: Staff Review Form AAM Request Aviation and Economic Development Department Fayetteville Municipal Airport, Drake Field 4500 South School Avenue, Suite F Fayetteville, Arlcansas 72701 Ray M. Boudreaux, Director RESOLUTION NO. A RESOLUTION TO APPROVE APPROPRIATING $25,000.00 OF ECONOMIC DEVELOPMENT FUNDS TO MATCH A $25,000.00 PRIVATE DONATION TO FUND THE $45,000.00 LIGHTING PROJECT FOR THE ARKANSAS AIR MUSEUM WHEREAS, Mr. Hugh Brewer generously donated $25,000.00 to the Arkansas Air Museum to be used as a matching grant for the necessary upgrade in lighting project; and WHEREAS, the City of Fayetteville should use $25,000.00 from its economic development funds to match this private donation so that it can upgrade the lighting in the Arkansas Air Museum to meet Smithsonian standards and quality for Smithsonian traveling exhibits. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: The City Council of the City of Fayetteville, Arkansas hereby approves the Budget Adjustment attached as Exhibit A transferring $25,000.00 from the Designated Fund Balance to the Arkansas Air Museum to fund improved lighting so that the Arkansas Air Museum can qualify as a Smithsonian Museum Partner. Section 2: The City Council of the City of Fayetteville, Arkansas hereby extends its thanks to Hugh Brewer and his family for their $25,000.00 contribution that helped make the new lighting project and the hoped for Smithsonian Museum Partner status possible. PASSED and APPROVED this 3rd day of January, 2008. APPROVED: ATTEST: By: By: DAN COODY, Mayor SONDRA E SMITH, City Clerk/Treasurer ARKANSAS AIR MUSEUM 4290 S. SCHOOL STREET FAYETTEVILLE, ARKANSAS 72701 www.arkairmuseum.org (479) 521-4947 December 19, 2007 Members of the City Council City of Fayetteville 113 West Mountain St. Fayetteville, Arkansas 72701 Members of the City Council: The Board of the Arkansas Air Museum request assistance in the form of a grant from the City of Fayetteville Economic Development Fund for a new lighting system. The original request to the City of Fayetteville for funding was for $45,000.00 but we were recently the recipient of a $25,000.00 donation from a local family and member of the Museum Board of Directors to use for the new lighting. A $25,000.00 matching grant from the City will cover the entire cost of the new lighting, completely replacing the lighting in both the hangar and the exhibit area. We will be applymg for a Smithsonian Affiliate designation in 2008 which will allow us to receive traveling exhibits and from our initial museum inspection already know that the current lighting will not meet the specifications to preserve and protect their exhibits or our artifacts. This request is extremely important in allowing us to move forward toward our goal. Thank you in advance for your consideration. Sine Warren Jfoy, Director Arkansas Air Museum 1(1.14.08) Clarice Pearman - Res. 05-08 Page 1 From: To: Date: Subject: Attachments: Clarice Pearman Boudreaux, Ray 1.14.08 2:59 PM Res. 05-08 05-08 Arkansas Air Museum Lighting.pdf CC: Audit; Fell, Barbara Ray: Attached is a copy of the above resolution regarding matching funds for the museum lighting. I will forward to Budget & Research the budget adjustment. Please let me know if there is anything else needed for this item. Have a good day. Thanks. Clarice