The URL can be used to link to this page

Home My WebLink About149-16 RESOLUTION113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 149-16 File Number: 2016-0341 THE ROTARY CLUB OF FAYETTEVILLE AGREEMENT: A RESOLUTION TO APPROVE AN AGREEMENT WITH THE ROTARY CLUB OF FAYETTEVILLE REGARDING THE FUNDING FOR AND NAMING OF THE ROTARY CLUB OF FAYETTEVILLE PLAYGROUND AT THE KESSLER MOUNTAIN REGIONAL PARK, TO APPROVE A BUDGET ADJUSTMENT RECOGNIZING A DONATION FROM THE ROTARY CLUB OF FAYETTEVILLE AND ITS MEMBERS IN THE AMOUNT OF $150,000.00 FOR THE PROJECT CONTINGENT UPON RECEIPT OF THE FUNDS, AND TO EXPRESS THE CITY COUNCIL'S INTENT TO PROVIDE MATCHING FUNDS IN AN AMOUNT OF $120,000.00 TOWARD THE PLAYGROUND PROJECT CONTINGENT ON APPROVAL OF THE 2017 BUDGET WHEREAS, the Rotary Club of Fayetteville has raised $100,000.00 toward the construction of a playground at the Kessler Mountain Regional Park and has pledged to contribute an additional $50,000.00 by the end of 2016. NOW, THEREFORE, 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 approves an Agreement with the Rotary Club of Fayetteville regarding the funding for and naming of the Rotary Club of Fayetteville Playground at the Kessler Mountain Regional Park. Section 2: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution, recognizing a donation from the Rotary Club of Fayetteville and its members in the amount of $150,000.00 for the Fayetteville Rotary Club Playground, contingent upon receipt of the funds, and expresses its sincere appreciation for the donation. Section 3: That the City Council of the City of Fayetteville, Arkansas hereby expresses its intent to provide Page 1 Printed on 813116 Resolution: 149-16 File Number: 2016-0341 matching funds for the playground project in the amount of $120,000.00, contingent on final approval of the 2017 Budget. PASSED and APPROVED on 8/2/2016 Attest: Sondra E. Smith, City Clerk Treasurer LE5K1I0T `` Cly■■■■■■■■L- wr/ �r�■ ■i�o •FAY 'M r. ,(■ d�Ir'Yr ••'■� \\ Page 2 Printed on 813116 City of Fayetteville, Arkansas 113 West Mountain Street Lex' Fayetteville, AR 72701 —� (479) 575-8323 3 ?'- Text File -�- File Number: 2016-0341 Agenda Date: 8/2/2016 Version: 1 Status: Passed In Control: City Council Meeting File Type: Resolution Agenda Number: C. 2 THE ROTARY CLUB OF FAYETTEVILLE AGREEMENT: A RESOLUTION TO APPROVE AN AGREEMENT WITH THE ROTARY CLUB OF FAYETTEVILLE REGARDING THE FUNDING FOR AND NAMING OF THE ROTARY CLUB OF FAYETTEVILLE PLAYGROUND AT THE KESSLER MOUNTAIN REGIONAL PARK, TO APPROVE A BUDGET ADJUSTMENT RECOGNIZING A DONATION FROM THE ROTARY CLUB OF FAYETTEVILLE AND ITS MEMBERS IN THE AMOUNT OF $150,000.00 FOR THE PROJECT CONTINGENT UPON RECEIPT OF THE FUNDS, AND TO EXPRESS THE CITY COUNCIL'S INTENT TO PROVIDE MATCHING FUNDS IN AN AMOUNT OF $120,000.00 TOWARD THE PLAYGROUND PROJECT CONTINGENT ON APPROVAL OF THE 2017 BUDGET WHEREAS, the Rotary Club of Fayetteville has raised $100,000.00 toward the construction of a playground at the Kessler Mountain Regional Park and has pledged to contribute an additional $50,000.00 by the end of 2016. NOW, THEREFORE, 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 approves an Agreement with the Rotary Club of Fayetteville regarding the funding for and naming of the Rotary Club of Fayetteville Playground at the Kessler Mountain Regional Park. Section 2: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution, recognizing a donation from the Rotary Club of Fayetteville and its members in the amount of $150,000.00 for the Fayetteville Rotary Club Playground, contingent upon receipt of the funds, and expresses its sincere appreciation for the donation. Section 3: That the City Council of the City of Fayetteville, Arkansas hereby expresses its intent to provide matching funds for the playground project in the amount of $120,000.00, contingent on final approval of the 2017 Budget. City of Fayetteville, Arkansas Page 1 Printed on 81312016 Connie Edmonston Submitted By City of Fayetteville Staff Review Form 2016-0341 Legistar File ID 8/2/2016 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item 7/12/2016 Parks & Recreation / Parks & Recreation Department Submitted Date Division / Department Action Recommendation: Resolution to approve an agreement with the Rotary Club of Fayetteville regarding funding for and naming of the "Rotary Club of Fayetteville Playground" at the Kessler Mountain Regional Park. Approval of a budget adjustment to recognize the revenues from the donation. 2250.9255.5806.00 Account Number 02002.1601 Budget Impact: Parks Development Fund Rotary Club Playground Donation Project Number Project Title Budgeted Item? No Current Budget $ Funds Obligated $ Current Balance E Does item have a cost? Yes Item Cost $ 150,000.00 Budget Adjustment Attached? Yes Budget Adjustment $ 150,000.00 Remaining Budget V20140710 Previous Ordinance or Resolution # Original Contract Number: Approval Date: Comments: The agreement states the City would provide matching funds in the amount of $120,000 toward the Rotary Club's playground project contingent on approval of the 2017 budget.