HomeMy WebLinkAboutAgenda Packet - May 17, 2007 - CC •
I •
44,1V r
AZUSA
CONSENT CALENDAR
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: ROBERT K. PERSON, ASSISTANT CITY MANAGER
VIA: F.M. DELACH, CITY MANAGER) 40
DATE: MAY 17, 2007
SUBJECT: RECOGNITION AND ALLOCATION OF $3,300 TO THE CITY
COUNCIL SCHOLARSHIP FUND
RECOMMENDATION
It is recommended that City Council recognize and allocate $3,300 to the City
Council Scholarship Fund.
BACKGROUND
On April 2, 2007 the Redevelopment Agency Board was asked to authorize a
lease agreement with American Promotional Events for the temporary use of
the Ranch Market Parking Lot for the purpose of selling safe and sane fireworks
from June 28 to July 4, 2007 (see attached). At this time, the Agency Board
requested that these funds be made available to the City Council's Scholarship
Fund.
On the same date, City Council approved a site license agreement with Sprint
PCS Assetts, LLC was approved. As part of that license agreement, Sprint was
willing to reimburse the City for staff work up to $5,000 (see attached). That
license agreement has now been executed and staff has received the check for
$5,000.
Staff is recommending that the City Council appropriate $3,300 of that $5,000
paid by Sprint to the Scholarship Fund in lieu of the $3,300 from the
Redevelopment Agency to avoid complex transfers between agency funds and
the City's General Fund.
FISCAL IMPACTo o//*
This action will add $3,300 to the City Council Scholarship Fund and the
balance of $1,700 will be placed in the General Fund Undesignated Fund
Balance.