AGENDA MEMORANDUM

MEETING DATE:   September 25, 2006

FROM:                       William Pfeilsticker, Finance Director

SUBJECT:                  Resolution authorizing an Agreement with the Leesburg Area Chamber of Commerce for annual grant funding

Staff Recommendation:

Staff recommends approving resolution authorizing the execution of an agreement with Leesburg Area Chamber of Commerce for annual grant funding.

Analysis:

The Leesburg Area Chamber of Commerce requested funding of $43,500.  The proposed budget presented to you August 28, 2006, recommended $17,500 for fiscal year 2006-07.  The attached agreement formalizes this commitment.

Options:

1. Approve resolution authorizing the execution of an agreement between the City of Leesburg and the Leesburg Area Chamber of Commerce for annual grant funding, or

2. Such alternative action as the Commission may deem appropriate.

Fiscal Impact:

A total of $17,500 has been included in the proposed fiscal year 2006-07 budget.

Submission Date and Time:    9/21/06 8:11 AM

Department: ______________________ Prepared by:  __________________                      Attachments:  Yes____   No ______ Advertised:   ____Not Required ______ Dates:   __________________________                      Newspapers: _________________________________                                                     _________________________________            Revised 6/10/04

Reviewed by: Dept. Head ________ Finance  Dept. __________________                                     Deputy C.M. ___________________                                          Submitted by: City Manager ______RS_____________

Account No. _041-1021-531-49-11 Project No. ___________________ WF No. ______________________ Budget  ______$17,500__________ Available _____$17,500__________

RESOLUTION NO. _________

            A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN AGREEMENT FOR GRANT FUNDING WITH LEESBURG AREA CHAMBER OF COMMERCE DURING FISCAL YEAR 2006-07; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, it is permissible for cities to make contributions to non-profit corporations where the contributions further a public purpose, and

WHEREAS, the Leesburg Area Chamber of Commerce is seeking a contribution from the City of Leesburg to help provide a public service to City residents, and

WHEREAS, in the past there have been formal executed agreements between the City of Leesburg and agencies receiving such contributions, and

WHEREAS, the City of Leesburg desires to continue having such agreements with the various agencies which receive annual contributions;

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA:

That the Mayor and City Clerk of the City of Leesburg are hereby authorized and directed to execute the Agreement for Grant Funding between the City of Leesburg and Leesburg Area Chamber of Commerce totaling seventeen thousand five hundred dollars ($17,500.00) during Fiscal Year 2006-07.

That this resolution shall take effect immediately upon its adoption.

PASSED AND ADOPTED at the regular meeting of the City Commission of the City of Leesburg, Florida, held on the 25th day of September 2006.

                                                                        ____________________________________

                                                                        Mayor

ATTEST:

______________________________

City Clerk