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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 05/17/2022 - FIRST READING OF ORDINANCE NO. 059, 2022, APPROPRI Agenda Item 7 Item # 7 Page 1 AGENDA ITEM SUMMARY May 17, 2022 City Council STAFF Nina Bodenhamer, City Give Director Ted Hewitt, Legal SUBJECT First Reading of Ordinance No. 059, 2022, Appropriating Philanthropic Revenue Received Through City Give for The Gardens on Spring Creek. EXECUTIVE SUMMARY The purpose of this item is to appropriate $55,000 in philanthropic revenue in the Cultural Services Fund for The Gardens on Spring Creek to support operations as designated by the donor and community partner, The Friends of the Gardens on Spring Creek. STAFF RECOMMENDATION Staff recommends adoption of the Ordinance on First Reading. BACKGROUND / DISCUSSION The City values the generosity and passion of nonprofit partners such as The Friends of the Gardens on Spring Creek that provide valuable assistance in public outreach, fundraising, and support for the City’s mission. In recognition of their commitment, the City commits to manage and properly expend charitable funds raised by The Friends of the Gardens in the same manner as if the funds were raised by the City itself. For over 30 years, The Friends of the Gardens on Spring Creek has fostered community support for the services and programs of The Gardens through stewardship, time, passion, fundraising, member ship programs and advocacy. Their mission is to cultivate a world -class botanic garden through fundraising and advocacy and raised the $55,000 in philanthropic support from community givers on behalf of The Gardens on Spring Creek. This award of $55,000 is above and beyond The Friends of the Gardens 2022 pledge of $150,000 in support of operations and the Butterfly Pavilion. The partnership is guided by an annual Memo of Understanding that facilitates the transfer of funds raised via membership to The Gar dens on Spring Creeks, and fundraising and event revenue cultivated on behalf of The Gardens. The Friends of The Gardens is an independent 501(c)(3) organization with an active membership of over 3,000 and is governed by a Board of seven passionate volun teers. More information can be found at: www.friendsgosc.org. CITY FINANCIAL IMPACTS This Ordinance will appropriate $55,000 of unanticipated philanthropic revenue for The Gardens on Spring Creek in the Cultural Services Fund for the designated purpose t o support operations. The funds have been received and accepted per City Give Administrative and Financial Policy. -1- ORDINANCE NO. 059, 2022 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PHILANTHROPIC REVENUE RECEIVED THROUGH CITY GIVE FOR THE GARDENS ON SPRING CREEK WHEREAS, The Friends of the Gardens on Spring Creek (“Friends”) is an independent, not-for-profit 501(c)(3) organization established in 1988 whose mission is to support the general operating costs of the Gardens on Spring Creek through advocacy, community engagement, volunteerism, and fundraising; and WHEREAS, Friends has raised $55,000, which it desires to donate to the City through City Give to support operations of the Gardens on Spring Creek; and WHEREAS, the City desires to accept this philanthropic donation and pledges to manage and expend such funds for the benefit of the Gardens on Spring Creek as though the funds were raised by the City itself; and WHEREAS, this appropriation benefits public health, safety and welfare of the citizens of Fort Collins and serves the public purpose of funding the Gardens on Spring Creek; and WHEREAS, Article V, Section 9 of the City Charter permits the City Council, upon recommendation of the City Manager, to make a supplemental appropriation by ordinance at any time during the fiscal year, provided that the total amount of such supplemental appropriation , in combination with all previous appropriations for that fiscal year, do not exceed the current estimate of actual and anticipated revenues and all other funds to be received during the fiscal year; and WHEREAS, the Interim City Manager has recommended the appropriation described herein and determined that this appropriation is available and previously unappropriated from the Cultural Services Fund and will not cause the total amount appropriated in the Cultural Services Fund to exceed the current estimate of actual and anticipated revenues and all other funds to be received in this Fund during this fiscal year. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the City Council hereby makes and adopts the determinations and findings contained in the recitals set forth above. Section 2. That there is hereby appropriated from new philanthropic revenue in the Cultural Services Fund the sum of FIFTY-FIVE THOUSAND DOLLARS ($55,000) to be expended in the Cultural Services Fund for the Gardens on Spring Creek. Introduced, considered favorably on first reading, and ordered published this 17th day of, May A.D. 2022, and to be presented for final passage on the 7th day of June, A.D. 2022. -2- _______________________________ Mayor ATTEST: _______________________________ City Clerk Passed and adopted on final reading on the 7th day of June, A.D. 2022. _______________________________ Mayor ATTEST: _______________________________ City Clerk