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HomeMy WebLinkAbout~Master - Approving Transfer of Funds from Local Option Sales Tax Fund to the Parking Fund for Ames Main Street's Shop for a Cause RESOLUTION NO. 20-428 RESOLUTION APPROVING TRANSFER OF FUNDS FROM LOCAL OPTION SALES TAX FUND TO THE PARKING FUND FOR AMES MAIN STREET'S SHOP FOR A CAUSE FOR THE CITY OF AMES, IOWA WHEREAS,Ames Main Street(AMS)has submitted requests to facilitate Ames Main Street Shop for a Cause, to be held on November 7, 2020; and, WHEREAS,at this event,Downtown businesses can promote a non-profit of their choice through sales and other partnership efforts; and, WHEREAS, to facilitate this event, organizers are requesting suspension of parking regulations and enforcement for the entire Central Business District(CBD)from 8:00 a.m.until 8:00 p.m.on Saturday, November 7, 2020; and, WHEREAS,in February 2020,the City Council adopted a new policy regarding metered parking waivers that stated that metered parking fees will not be waived for special events; and, WHEREAS, any event organizer intending to provide free parking or to close metered parking spaces must reimburse the City's Parking Fund for the lost revenue, and the City Council may consider waivers to this Policy on a case-by-case basis for parking spaces that are obstructed by the event; and, WHEREAS, for FY 2020/21, the City Council allocated $5,496 in the Local Option Sales Tax Fund to reimburse the Parking Fund for Downtown special events where free parking ro parking closures are to take place; and, WHEREAS,for this event,the City Council is requesting to authorize a transfer of$1,370.25 from the Local Option Sales Tax Fund to the Parking Fund. NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa,that the transfer of funds from the Local Option Sales Tax Fund to the Parking Fund for the Ames Main Street Shop for a Cause event in the amount of$1,370.25 is hereby approved. ADOPTED THIS 18th day of August, 2020. C�,d - uAa&- Diane R. Voss, City Clerk John A. Haila, Mayor Introduced by: Betcher Seconded by: Corrieri Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Martin Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 18th day of August, 2020.