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...
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