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HomeMy WebLinkAbout2015 Resolution No. 054• RESOLUTION NO . ..i SERIES OF 20 I 5 A RESOLUTION FOR A SUPPLEMENT AL APPROPRIATION OF FUNDS FOR A PROFESSIONAL SERVICES AGREEMENT FOR COMMUNITY BRANDING PROJECT WHEREAS, the City of Englewood's mission is to promote and ensure a high quality of life, economic vitality, and a uniquely desirable community identity; and WHEREAS, the agenda for the May 18, 2015 City Council meeting includes a request for City Council to approve a contract with Slate Communications for the Community Branding/Marketing project; and WHEREAS, the project is contingent upon Council's approval of this resolution transferring and appropriating funds; and WHEREAS, the funds for the community branding/marketing initiative were not included in the City's 2015 budget; and WHEREAS, funding is available for the Remaining Englewood Small Business Development Corporation (ESBDC) funds which were transferred to the City after the ESBDC dissolved. NOW, THEREFORE, BE IT RESOLVED BY TI-IE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, AS FOLLOWS: Section 1. SOURCES AND USES OF FUNDS: DONORS FUND SOURCE OF FUNDS: Unassigned Fund Balance $51,450 USE OF FUNDS Transfer Out to General Fund $51,450 GENERAL FUND : SOURCE OF FUNDS: Transfer In from Donor's Fund $51,450 USE OF FUNDS: City Manager's Office -Professional Services $51,450 Section 2. The City Manager and the Director of Finance and Administrative Services are herby authorized to make the above changes to the 2015 Budget for the City of Englewood. ADOPTED AND APPROVED this 18th day of May, 2015. I, Loucrishia A. Ellis, City Clerk for ~2ity of Englewood, Colorado, hereby certify the above is a true copy of Resolution No.~ Series of2015 I ' • ,· r COUNCIL COMMUNICATION Date: Agenda Item: Subject: May 18, 2015 9 cii Resolution for a Supplemental Appropriation of Funds for a Professional Services Agreement for Community Branding Project Initiated By: Staff Source: Finance and Administrative Services Department Frank Gryglewicz, Director COUNCIL GOAL AND PREVIOUS COUNCIL ACTION The City of Englewood's Mission is to promote and ensure a high quality of life, economic vitality, and a uniquely desirable community identity. City Council discussed the proposed Community Branding Project with staff at the February 23 and March 2, 2015 Study Sessions and recommended staff take the necessary actions to move this effort forward, including identifying funding for the project. Council also discussed the recommended contract and funding for this project at the May 11 Study Session. -RECOMMENDED ACTION Staff recommends City Council approve the attached resolution transferring and appropriating $51,450 for a Professional Services Agreement with Slate Communications for the Community Branding Project The funds for this project originated from the Englewood Small Business Development Corporation (ESBDC) funds. SOURCES AND USES OF FUNDS: DONORS FUND: SOURCE OF FUNDS: Unassigned Fund Balance $51,450 USE OF FUNDS: Transfer Out to General Fund $51,450 GENERAL FUND: SOURCE OF FUNDS: Transfer In from Donor's Fund $51,450 USE OF FUNDS: • City Manager's Office -Professional Services $51,450 .. BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED The agenda for the May 18, 2015 City Council meeting includes a request for City Council to approve a contract with Slate Communications for the Community Branding/Marketing project {see agenda item 11 c ii). The project is contingent upon Council's approval of this resolution transferring and appropriating funds for the project The funds for the community branding/marketing initiative were not included in the City's 2015 budget. Funding is available for the remaining Englewood Small Business Development Corporation (ESBDC) funds, which were transferred to the City after the ESBDC dissolved. The members of the Alliance for Commerce in Englewood have been made aware of this request. FINANCIAL IMPACT The contract amount for Slate Communications is $51,450; this will reduce the Donor's Fund reserves by $51,450. LIST OF ATTACHMENTS Proposed Resolution • •