HomeMy WebLinkAboutAttachment reso mid-yr budget (14)TITLE: Donation Acceptance Policy
POLICY 204
NUMBER:
ADOPTED: October 21, 2003
AMENDED OR
REVISED:
Page 2 of 2
Policy (continued)
7. The donation must place no restriction on the City, unless agreed to
by the City Council.
8 The donation shall become the property of the City.
9. All donations will receive recognition appropriate to the level and
nature of the donation as determined by the City. For those of a
capital nature, that may be in the foram of signage, marking or
naming, as determined by the City Council. Regardless of the
recognition strategy selected, the intent shall be to appropriately
honor the donor for their contribution to the community. The
appearance of traditional commercial advertising or product
endorsements that promote the donor shall be avoided.
10. All donations shall be accepted directly by Finance Department staff.
11. Cash donations exceeding $5,000, and in -kind donations exceeding
$5,000 in value, shall be accepted through a written agreement
consistent with these guidelines and approved by the City Council.
In -kind capital donations will be subject to normal City review,
permitting, inspection and insurance requirements.
12. At the time of acceptance, all donations, regardless of value, will be
acknowledged in writing in a form approved by the City Attorney.
The original acknowledgment will be sent to the donor and a copy
forwarded to the Finance Department.