Number
141149
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution related to authorization for the acceptance and expenditure of contributions received by the Milwaukee Public Library for library programs, materials and other activities.
Analysis
This resolution authorizes the Milwaukee Public Library to accept and expend contributions from the Milwaukee Public Library Foundation for library programs, materials, and other activities from January 1, 2015 through December 31, 2019 in an amount up to $1,500,000 annually.
Body
Whereas, The Milwaukee Public Library adds significant value to the City of Milwaukee by helping to create an environment that fosters lifelong learning, increasing the educational attainment of its citizens, and thereby improving the overall quality of life in Milwaukee; and
Whereas, The Milwaukee Public Library Foundation was created to provide funding for the Milwaukee Public Library over and above City support for capital, programs, materials; and other activities, and
Whereas, The City of Milwaukee, via Common Council File No. 010935 adopted 12/05/2001, authorized the Milwaukee Public Library to accept up to $1,000,000 annually in contributions from the Milwaukee Public Library Foundation from January 1, 2002 through December 31, 2006; and
Whereas, The City of Milwaukee, via Common Council File No. 090852 adopted December 1, 2009, extended this authorization through December 31, 2014, and
Whereas, The Milwaukee Public Library Foundation agrees to continue to use its best effort to provide up to $1,500,000 annually for five additional years; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Milwaukee Public Library is authorized to accept and expend contributions from the Milwaukee Public Library Foundation in an amount up to $1,500,000 annually from January 1, 2015 through December 31, 2019; and, be it
Further Resolved, That upon receipt and deposit of these funds, the City Comptroller is authorized and directed to establish a special account within the Milwaukee Public Library's budget for the expenditure of the contributions; and, be it
Further Resolved, That the City Comptroller is authorized and directed to transfer appropriations and estimated revenue from the Special Purpose Account for Contributions, 0001-2110-0001-D001-006300, and the Estimated Revenue Account for Contributions, 0001-9990-0001-009850 to the Milwaukee Public Library's special account, 0001-8610-0001-DXXX-006800, and the Milwaukee Public Library's estimated revenue account, 0001-8610-0001-009850, up to the amount of $1,000,000 annually.
Requestor
LIBRARY BOARD
Drafter
Taj Schoenig/Jacqueline Jones
10/31/14