Report Prepared by: Jennifer Arellano, Recreation Supervisor, Parks and Recreation
Title
SUBJECT: Distribution of the 2020 Wahnetta Hall Trust Funds in the Amount of $6,337 to the Sole Applicant Kiwanis Club of Greater Merced to Operate and Maintain a Mini Train in Applegate Park
REPORT IN BRIEF
Considers approving the Wahnetta Hall Trust Funds application of the Kiwanis Club of Greater Merced in the amount of $6,337 to be used to operate and maintain the train at Kiddieland in Applegate Park.
RECOMMENDATION
City Council - Adopt a motion:
A. Approving an allocation of the 2020 Wahnetta Hall Trust funds of $6,337 to the Kiwanis Club of Greater Merced; and,
B. Authorizing a supplemental appropriation of $221 from the unreserved fund balance of Fund 795 - Wahnetta Hall Trust Fund to account 795-1903-592-29-00; and,
C. Authorizing the City Manager or the Assistant 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 finding 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
Charter of the City of Merced, Section 200.
CITY COUNCIL PRIORITIES
As provided for in the 2019-20 Adopted Budget.
DISCUSSION
The Wahnetta Hall Trust fund was established in 1995. The trust provisions require that the City of Merced use a specific portion of the trust for an endowment fund with income being used to establish and maintain a mini-train system and/or band concert program in Applegate Park. In this fiscal year, there is $7,898 available to be disbursed. Kiwanis Club of Greater Merced received an allocation of $1,561 on September 30, 2019. Of the $7,898 available, there is $6,337 remaining to be allocated.
On March 1...
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