Report Prepared by: Karen Baker, Development Associate, Merced Visitor Services.
Title
SUBJECT: Accept and Appropriate Grant Funds from Pacific Gas and Electric for Cap & Town 2016.
REPORT IN BRIEF
Accept and appropriate grant funds ($3,000.00) from Pacific Gas and Electric to be used for 2016 Cap &Town community event.
RECOMMENDATION
City Council - Adopt a motion:
A. Accepting the grant funds totaling $3,000.00 from Pacific Gas and Electric into Fund 001-2002-360-02-01; and,
B. Appropriating the same to Fund 001-2002-572-17-00 (Economic Development-Professional Services) to be used for the 2016 Cap & Town community event via the Agreement between the Greater Merced Chamber of Commerce and the City of Merced; and,
C. Authorizing the City Manager to execute the necessary documents.
Body
ALTERNATIVES
1. Approve, as recommended by Staff; or,
2. Approve, subject to other than recommended by staff (identify specific findings and/or conditions amended to be addressed in the motion.); or,
3. Deny, or,
4. Refer to staff for reconsideration of specific items (specific items to be addressed in the motion): or
5. Continue to a future meeting (date and time to be specified in the motion.)
AUTHORITY
City of Merced Charter Section 200.
CITY COUNCIL PRIORITIES
Economic Development as provided for in the 2016-17 Adopted Budget.
DISCUSSION
The City of Merced made an application to Pacific Gas and Electric (PG&E) for a local grant to be used for Cap & Town 2016 community event. PG&E awarded a grant for $3,000.00 to the City of Merced. Staff is requesting the City Council to accept the PG&E grant into Fund 001-2002-360-02-01 (Contributions-Economic Development), and appropriate the same into Fund 001-2002-572-17-00 (Professional Services-Economic Development.)
The City of Merced entered into a Professional Service Agreement with the Greater Merced Chamber of Commerce to organize Cap & Town in Fall 2016. The Agreement calls for $3,000.00 to be paid to the Greater Merced Chamber of Commerce for expenses to put on Cap & Town from Economic Development. The grant received from PG&E will provide an additional $ 3,000.00 to cover costs associated with the event for a total of $6,000.
IMPACT ON CITY RESOURCES
The appropriation to Fund 001-2002-572-17-00 (Economic Development) enables the City to use the grant funds for Cap & Town via the Agreement with the Chamber of Commerce.
ATTACHMENTS
1. PG&E Grant Notification Letter