Title
Consider funds assistance request for operating expenses from Foley Performing Arts Association
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
Consider funds assistance request for operating expenses from Foley Performing Arts Association
SOURCE OF FUNDING:
Please provide the amount requested: ____________
Is this a budgeted item? Yes /No
Please provide the budgeted amount: $_____________ Account No. ___________________________
If budgeted, is this a capital purchase, capital project, or special fund? _________________________
Was this item included in the Fiscal Year Capital Projects Plan? Yes/No
If yes, please provide the amount included in Capital Projects Plan: $___________
Body
WHEREAS, Foley Performing Arts Association is requesting funds for operating expenses.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the appropration of funds in the amount of $2,000 per month in the months of September 2014 through January 2015 to the Foley Performing Arts Association to be paid for operating expenses through January 2015 under Account No. 01-620-3210.
SECTION 2: Approves leasing the Claude Peteet building to the Foley Performing Arts for $1.00 (ONE DOLLAR) per year to be renewed annually.
SECTION 3: This Resolution shall become effective immediately upon its adoption as required by law.