HomeMy WebLinkAbout126-08 RESOLUTIONRESOLUTION NO. 126-08
A RESOLUTION AUTHORIZING FAYETTEVILLE PARKS &
RECREATION DIVISION TO ACCEPT A GRANT FROM WAL-
MART CORPORATE GIVING IN THE AMOUNT OF $10,000.00
TO PARTIALLY FUND THE LIGHTS OF THE OZARKS; AND
APPROVING A BUDGET ADJUSTMENT TO RECOGNIZE THE
GRANT REVENUE
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1. That the City Council of the City of Fayetteville, Arkansas,
hereby authorizes the Fayetteville Parks & Recreation Division to accept a grant
from Wal-Mart Corporate Giving in the amount of $10,000.00 to partially fund
the Lights of the Ozarks.
Section 2. That the City Council of the City of Fayetteville, Arkansas,
hereby approves a budget adjustment to recognize the grant revenue.
PASSED and APPROVED this 3rd day of June, 2008.
APPROVED:
By:
DAN COODY, Mayor
ATTEST:
By:
AMBER WOOD, Deputy y
tb'n4 Mat ut Cit Clerk
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WAL*IART
Corporate Giving
CORPORATE GIVING
WAL-MART STORES, INC.
702 SW 8TH ST.
BENTONVILLE, AR 72716
www.walmartfoundation.org
May 19, 2008
Connie Edmonston
City of Fayetteville, Parks and Recreation
113 W. Mountain
Fayetteville, AR 72701
Dear Connie,
Wal-Mart Corporate Giving is pleased to provide funding to the City of Fayetteville, Parks and
Recreation. Enclosed you will find check number 1427580 in the amount of $10,000 for your
Lights of the Ozarks program.
We will be updating our application process in the future to require more information on program
outcomes and data support of goal accomplishment. This will play an important role in future
funding decisions.
We appreciate this opportunity to make a difference within the community.
Regards,
Kar .Parker
Manager, Arkansas Giving
Wal-Mart Corporate Giving
City of Fayetteville, Arkansas
Budget Adjustment Form
Budget Year
2008
Department: Sales Tax Capital Improvements
Division: Parks and Recreation
Program: Sales Tax Capital
Date Requested
5/21/2008
Adjustment Number
Project or Item Added/Increased:
Increase minor equipment budget in recognition of funds
received by grant awarded from the Wal-Mart
Foundation in the amount of $10,000.
Project or Item Deleted/Reduced:
Recognize grant amounts into the budget.
Justification of this Increase:
These funds were received by grant for Lights of the
Ozarks 2008.
Justification of this Decrease:
Adequate funds are available for this program.
Account Name
Increase Expense Budget (Decrease Revenue Budget)
Account Number
Minor equipment
Account Name
4470 9470 5210 00
Amount
Project Number
10,000 02001 1
Decrease Expense Budget (Increase Revenue Budget)
Account Number
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N]issexaneoas revenue
4/809 «)
4470 0947 S8 00
Amount
Project Number
10,000 02001 1
equested By
Approval Signatures
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Date
Finance & Interna
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ervices.Director Date
6/74
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Budget Office Use Only
Type: A B C E
Posted to General Ledger
Posted to Project Accounting
Entered in Category Log
Initial
Initial
Initial
Date
Date
Date
Connie Edmonston(J
Submitted By
City of Fayetteville Staff Review Form
City Council Agenda Items
and
Contracts, Leases or Agreements
City Council eeting Date
Agenda Items Only
Parks a dZecreation
Divtswn
Action Required:
i
Operations
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Department
Resolution to accept grant from the Wal-Mart Foundation in the amount of $10,000, and approval of a budget
adjustment in the same amount for additional funds for Lights of the Ozarks.
Cost of this request
4470.9470.5210.00
Account Number
02001.1
Project Number
Budgeted Item
x
10,000.00
Category / Project Budget
Funds Used to Date
$ 10,000.00
Remaining Balance
Budget Adjustment Attached
Sales Tax / Lights of the Ozarks
Program Category/ Project Name
Minor Equipment
Program / Project Category Name
Sales Tax
Fund Name
Department D ector
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City Atto nt
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Finance and Icternal Service Director
127
Mayor
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Date
Date
Date
tMdr—
Date
Previous Ordinance or Resolution #
Original Contract Date:
Original Contract Number:
Received in City
Clerk's Office ba --30-0/ jf4
Comments:
1
Revised April 16, 2007
City Council Meeting of June 3, 2008
Agenda Item Number
CITY COUNCIL AGENDA MEMO
To: Mayor Dan Coody and City Council
Thru: Gary Dumas, Operations Director
From: Connie Edmonston, Parks and Recreation Director
Date: May 29, 2008
Subject: Resolution to accept a $10,000 grant from Wal-Mart Corporate
Giving for the Lights of the Ozarks program.
RECOMMENDATION
Resolution to accept a $10,000 grant from Wal-Mart Corporate Giving for the Lights
of the Ozarks program.
BACKGROUND
The City has received $25,000 from A & P for the past four years to purchase new lights
and features for the Lights of the Ozarks program. This past spring, A & P did not award
funding to any community requests due to the lack of funds.
DISCUSSION
Last year, Parks and Recreation began to add as many LED lights as possible to the
Lights of the Ozarks display. Despite the higher cost, LED lights are better investment
because of the lifespan of the bulb and it requires less electricity to power. Parks Staff
made the decision to begin replacing lights as funds were available. Mayor Dan Coody
initated communication with Wal-Mart to guage interest in providing funds for the Lights
of the Ozarks, allowing for the purchase of LED lights. Parks and Recreation submitted a
proposal to Wal-Mart Corporate Giving Program, and was awarded a $10,000 grant for
this project.
BUDGET IMPACT
Lights of the Ozarks will have $15,000 less than originally planned for 2008 display.
Parks and Recreation will once again submit a request during the fall cycle for A & P
Funding, if funds become available.
Attachments:
Letter of Wal-Mart Corporate Giving Donation
Budget Adjustment
RESOLUTION NO.
A RESOLUTION AUTHORIZING FAYETTEVILLE PARKS &
RECREATION DIVISION TO ACCEPT A GRANT FROM WAL-
MART CORPORATE GIVING IN THE AMOUNT OF $10,000.00
TO PARTIALLY FUND THE LIGHTS OF THE OZARKS; AND
APPROVING A BUDGET ADJUSTMENT TO RECOGNIZE THE
GRANT REVENUE.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1. That the City Council of the City of Fayetteville, Arkansas,
hereby authorizes the Fayetteville Parks & Recreation Division to accept a grant
from Wal-Mart Corporate Giving in the amount of $10,000.00 to partially fund
the Lights of the Ozarks.
Section 2. That the City Council of the City of Fayetteville, Arkansas,
hereby approves a Budget Adjustment to recognize the grant revenue.
PASSED and APPROVED this 3rd day of June, 2008.
APPROVED: ATTEST:
By: By:
DAN COODY, Mayor SONDRA E. SMITH, City Clerk/Treasurer
6.19.08) Clarice Pearman - Res. 126-08
Page 1
From:
To:
Date:
Subject:
Attachments:
Clarice Pearman
Edmonston, Connie
6.19.08 12:24 PM
Res. 126-08
126-08 Wal-Mart Corporation Grant.pdf
CC: Audit; Fell, Barbara
Connie:
Attached is a copy of the above resolution regarding the WalMart grant for the Lights of the Ozarks. I will forward to
Budget & Research you original budget adjustment via interoffice mail. Please let me know if there is anything else needed
for this item. Have a good day.
Thanks.
Clarice