Number
000717
Version
SUBSTITUTE #1
Reference
Sponsor
THE CHAIR
Title
Substitute resolution relative to receipt of monies due to settlement of a federal lawsuit with Baker & Taylor, Inc.
Analysis
This substitute resolution authorizes the Milwaukee Public Library to accept $106,979 from Baker & Taylor, Inc. for the purpose of purchasing additional library materials.
Body
Whereas, Section 304-24 of the City of Milwaukee Code of Ordinances regulates the receipt, appropriation, and expenditure of contributions received by the City; and
Whereas, The State of Wisconsin participated in a multi-state action against Baker & Taylor, Inc. relative to allegations that they engaged in a scheme to defraud and to give smaller discounts than contracted for to various public buyers of books, primarily schools and libraries; and
Whereas, The Milwaukee Public Library purchased materials from Baker & Taylor, Inc. and due to these actions fewer items were available for its public collections; and
Whereas, The Milwaukee Public Library will receive a settlement in the amount of $106,979; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Milwaukee Public Library is authorized to accept the lawsuit settlement of $106,979 from Baker & Taylor, Inc. for the purchase of additional library materials, in accordance with established City policies and procedures for acceptance of contributions; 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 this contribution; and, be it
Further Resolved, That the City Comptroller is authorized and directed to transfer appropriations and estimated revenue from the Contribution Fund-General, Account number 0001-2110-0001-D001-006300, and the estimated revenue account for Contributions, Account Number 0001-2110-0...
Click here for full text