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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 08/18/2020 - FIRST READING OF ORDINANCE NO. 103, 2020, APPROPRIAgenda Item 10 Item # 10 Page 1 AGENDA ITEM SUMMARY August 18, 2020 City Council STAFF Nina Bodenhamer, City Give Director Michelle Provaznik, Director, Gardens on Spring Creek Ryan Malarky, Legal SUBJECT First Reading of Ordinance No. 103, 2020, Appropriating Unanticipated Philanthropic Revenue Received by City Give from The Friends of the Gardens on Spring Creek for Transfer to The Gardens on Spring Creek. EXECUTIVE SUMMARY The purpose of this item is to appropriate $75,000 in philanthropic revenue in the General Fund for transfer to The Gardens on Spring Creek to support general operating costs as designated by the donor, The Friends of the Gardens on Spring Creek. The Friends of the Gardens on Spring Creek is an independent not-for-profit 501(c)(3) organization established in 1988 whose mission is to support The Gardens through advocacy, community engagement, volunteerism and fundraising. 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 that provide valuable assistance in public outreach, fundraising, and support for the City’s mission. In recognition of their commitment, the City pledges the funds raised by The Friends of the Gardens will be managed and properly expended in the same manner as if the funds were raised by the City itself. For over 30 years, The Friends of the Gardens have fostered community support for the services and programs of The Gardens through stewardship, time, passion, fundraising, membership programs, and advocacy. Their mission is to cultivate a world-class botanic garden through fundraising and advocacy, and they have awarded $75,000 in philanthropic support to general operations of The Gardens. The City Manager recommends the appropriation described herein and determined that this appropriation is available and previously unappropriated from the General Fund and will not cause the total amount appropriated in the General Fund to exceed the current estimate of actual and anticipated revenues to be received in the General Fund during this fiscal year. He is also recommending the transfer described herein and has determined that the purpose for which the transferred funds are to be expended remains unchanged. CITY FINANCIAL IMPACTS This Ordinance will appropriate $75,000 of unanticipated philanthropic revenue for transfer to The Gardens on Spring Creek. The funds have been received and accepted per City Give Administrative and Financial Policy. Agenda Item 10 Item # 10 Page 2 PUBLIC OUTREACH With a membership of more than 2,000, The Friends of the Gardens on Spring Creek is an independent not- for-profit 501(c)(3) organization established in1988 whose mission is to support The Gardens through advocacy, community engagement, volunteerism and fundraising. -1- ORDINANCE NO. 103, 2020 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED PHILANTHROPIC REVENUE RECEIVED BY CITY GIVE FROM THE FRIENDS OF THE GARDENS ON SPRING CREEK FOR TRANSFER TO THE GARDENS ON SPRING CREEK WHEREAS, The Friends of the Gardens on Spring Creek (“The 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, The Friends has raised $75,000, which it desires to donate to the City through City Give to support the general 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 to make supplemental appropriations by ordinance at any time during the fiscal year, provided that the total amount of such supplemental appropriations, in combination with all previous appropriations for that fiscal year, does not exceed the current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS, the City Manager has recommended the appropriation described herein and determined that these appropriations are available and previously unappropriated from the General Fund and will not cause the total amount appropriated in the General Fund to exceed the current estimate of actual and anticipated revenues to be received in these funds during the fiscal year; and WHEREAS, Article V, Section 10, of the City Charter authorizes the City Council to transfer by ordinance any unexpended and unencumbered appropriated amount or portion thereof from one fund or capital project account to another fund or capital project account, provided that the purpose for which the transferred funds are to be expended remains unchanged; and WHEREAS, the City Manager has recommended the transfer described herein and determined that the purpose for which the transferred funds are to be expended remains unchanged. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: -2- 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 unanticipated philanthropic revenue in the General Fund the sum of SEVENTY-FIVE THOUSAND DOLLARS ($75,000) for transfer to the Gardens on Spring Creek within the General Fund and appropriated therein. Introduced, considered favorably on first reading, and ordered published this 18th day of August, A.D. 2020, and to be presented for final passage on the 1st day of September, A.D. 2020. __________________________________ Mayor ATTEST: _______________________________ City Clerk Passed and adopted on final reading on the 1st day of September, A.D. 2020. __________________________________ Mayor ATTEST: _______________________________ City Clerk