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HomeMy WebLinkAboutMemo - Read Before Packet - 6/2/2020 - Memorandum From Jim Mcdonald Re: Fort Fund Grant Disbursements - Agenda Item #10MEMORANDUM Date: June 1, 2020 To: Mayor and Councilmembers Thru: Darin Atteberry, City Manger Kelly DiMartino, Deputy City Manager John Stokes, Interim Director, Community Services From: Jim McDonald, Cultural Services Director Re: Fort Fund Grant Disbursements Background This memorandum responds to a question from the June 1, 2020 Leadership Planning Team (LPT) meeting related to Item #10 on the June 2, 2020 City Council meeting agenda “Resolution 2020-051 Approving Fort Fund Grant Disbursements.” The question was if there is a reimbursement clause included in the contracts should an event be canceled or changed to the point that it does not require the full level of funding? Bottom Line Yes, the standard Fort Fund contract has a clause that addresses the fact that if the contract is not fulfilled in the manner specified, the City may request the return of all funds paid. Cultural Services Department 215 N. Mason St. Fort Collins, CO 80522 fcgov.com/culturalservices DocuSign Envelope ID: 8DE12C77-B651-4FAB-8400-F14ED416F8B7