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Friends of the Parks Fund <br /> <br />- Donations are tax deductible. <br />- Donors will be advised that their financial advisor can best <br />provide the necessary tax information. <br />- Donations will be restricted for park and recreation purposes <br />only. <br />- Donations must be accepted by 2/3 of the council. This can be <br />done as routine business on the consent agenda. <br />- Expenditures will be recommended by the Park Commission <br />and approved by the City Council. <br />- Donations will be held in an interest bearing internal fund. <br />- No funds will be used for operations or maintenance. <br />- A corporate matching sponsor will be will be sought. <br />- General information on planned giving will be made available <br />for anyone requesting it. <br /> <br />