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Item No: 7.F. <br />Meeting Date: January 24, 2011 <br />Type of Business: Council Business <br />Administrator Review: _______ <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Mark Beer, Finance Director <br />Item Title/Subject: Resolution 7724 Accepting Miscellaneous Cash Donations <br />for 2010 <br />Introduction: <br />Pursuant to MN Statute § 465.03, the City is required to accept donations by resolution. <br />The attached resolution provides for this acceptance for several miscellaneous donations <br />that were received in 2010. <br />Discussion: <br />The following amounts were donated to the City during 2010: $20 – 2/23/10; $20 – <br />3/8/10; $20 – 3/30/10; $15 – 5/25/10; $300 – 7/13/10; $20 – 7/30/10; $25 – 9/17/10; <br />25 – 10/27/10; $20 – 12/3/10 for a total of $465. There were no restrictions placed on <br />the use of the above funds and they are currently in the General Fund. The Council <br />can decide for what purpose the funds can be used. <br />Recommendation: <br />Attached for your consideration is Resolution 7724, a resolution which accepts the <br />miscellaneous donations received in 2010. <br />Respectfully submitted, <br />Mark Beer <br />Finance Director