Title
A Resolution to Approve a Lump Sum Performance Contract Payment to the South Baldwin Museum Foundation
Summary
Description of Topic: (who, what, where, when, why and how much)
The City of Foley and the South Baldwin Museum Foundation are presently engaged in a performance contract for the Holmes Medical Museum in the amount of $14,400 paid monthly in the amount of $1,200.00. The Holmes Medical Museum has suffered major damage due to Hurricane Sally. Insurance will cover most of the costs to repair the damage but the Museum is responsible for their portion of the insurance deductible in the amount of $8,200.00. The building owner is responsible for $10,100.00 for his portion of the deductible. The South Baldwin Museum Foundation is requesting November 2020 - May 2021 monthly performance contract payments to be paid in advance and in one lump sum in the amount of $7,200.00 and a one time donation of $2,000 to help cover the cost of the insurance deductible.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.**Request to Transfer Departmental Budget Dollars form must be attached**
____ Not budgeted requiring increase to account #___________ in the amount of $____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital - Departmental **Capital Purchase Worksheet form must be attached**
____ Budgeted under account #______________ for $_________ and described in budget as ________________________. Additional amount needed, if any: Increase in budget of $_________ OR, transfer of $________ from Account #____________ to Account #_____________**Request to Increase OR Request toTransfer Departmental Budget Dollars form must be attached**
____ Not Budgeted - account #____________ requires budget increase of $_____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital Project - **If requesting to start a project, a Capital Project Worksheet form must be attached**
In current year Capital Projects Plan:
_____ Yes, described as __________________________, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________.
_____ No, requesting an increase of $___________ to an already approved project titled ________________________ that is being tracked under Account No. ___________________.
Body
WHEREAS, the City of Foley and the South Baldwin Museum Foundation are presently engaged in a performance contract for the Holmes Medical Museum in the amount of $14,400 paid monthly in the amount of $1,200.00, and
WHEREAS, the Holmes Medical Museum has suffered major damage due to Hurricane Sally, and
WHEREAS, insurance will cover most of the costs to repair the damage but the Museum is responsible for their portion of the insurance deductible in the amount of $8,200.00, and
WHEREAS, the building owner, Andy Schaff, is responsible for $10,100.00 for his portion of the deductible, and
WHEREAS, the South Baldwin Museum Foundation is requesting November 2020 - May 2021 monthly performance contract payments to be paid in advance and in one lump sum in the amount of $7,200.00 to help cover the cost of the insurance deductible.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the lump sum payment in the amount of $7,200.00 from the Performance Contract under Contracts for Public Purpose Account #100-1012-6111.
SECTION 2: Appropriates $2,000 to Account # 100-1012-6111 for a one time donation for the South Baldwin Museum Foundation and approves the expenditure.
SECTION 2: This Resolution shall become effective immediately upon its adoption as required by law.