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HomeMy WebLinkAbout18-224 %(+$1$%$1$-"$%.1, ResolutionNo.18224 AdditionalFileExists AdditionalFileContainsRecordsNotPublic,AccordingtothePublicRecordsAct Other %(+$Ș2ș#§º«(´¯º¯§²¹ RepealedbyResolutionNo.18170910/23/18TJ RESOLUTION NO. 1$-224 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DENTON, TEXAS ESTABLISHING CRITERIA FOR THE CITY TO DISBURSE FUNDS FROM THE ECONOMIC DEVELOPMENT SPONSORSHIP PROGRAM; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Denton, Texas ("City") has allocated approximately $7,500 this iiscal year to the Department of Economic Development to provide sponsorships of non-profit and civic-minded programs and organizations which further a charitable cause or public interest; and WHEREAS, the City Council finds that supporting this sponsorship program serves a public purpose by promoting economic or community development within the City by supporting organizations that either complement or enhance City services, provide services the City does not provide, or provide secondary benefits to the City; and WHEREAS, the City Council finds that in order to achieve this goal of promoting economic or community development with the City, it is necessary to allow for the funding of such sponsorships in future budgets; and WHEREAS, the City Council finds that the proposed criteria and guidelines for this sponsorship program provides adequate retention of control over funds to ensure that the above public purpose is accomplished in order to protect the public's investment and to ensure the City receives a return benefit; and WHEREAS, the City desires to approve the guidelines and criteria set forth in this Resolution for the disbursement of sponsorship funds and has determined that the use of funds for this sponsorship program is in the best interest of the general welfare of the City of Denton; NOW THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES: SECTION 1. The recitals which are set forth in the preamble of this Resolution are incorporated herein and are made a part of this Resolution for all purposes. SECTION_ 2. All organizations requesting funds from Economic Development's sponsorship program must meet these minimum criteria: A. The applicant entity must be either registered as tax-exempt under Sections 501(c) (3) or 501(c) (6) of the Internal Revenue Code, or designated as an educational institution such as primary or secondary school or institutions of higher education; and B. The applicant entity must not discriminate on the basis of race, color, religion, national origin, age, sexual orientation, citizenship, familial status, disability status, or veteran status; and C. The applicant entity's mission must tie into the City's goals for economic or community development; and D. The applicant entity must recognize the City and the City's Economic Development Department at any of its events and/or through its marketing materials. ION 3. Sponsorship funds will not be provided to other City departments (i.e., SE.C.T .................�� .._ Parks or Solid Waste) that receive funding elsewhere from the City. SECTION 4. This resolution shall take effect immediately from and after its adoption. �'��;�[:i;l � ,r��i� �1�"E���C�.��"I�?�� �lr�� �k�� �:���� �� c�'���° c�;l`'�� ° 2018, �" "'y� � ' ' ' � �"4 � �� ��` � �� ��� �� � ��� � � �„ � +C����I� V�'�'t`l""I'�,WIVIAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY � BY wa,� `��..� �:,:� � ��-m -���� �°� r�I���I�. ��" 1��1�� AS '"�"�:� LEGAL FORM: AARON LEAL, CITY ATTORNEY :•