HomeMy WebLinkAbout~Master - Transfer of Funds from Local Option Sales Tax Fund to the Parking Fund for Downtown Dollar Days RESOLUTION NO. 21-003
RESOLUTION APPROVING TRANSFER OF FUNDS FROM LOCAL OPTION SALES
TAX FUND TO THE PARKING FUND FOR DOWNTOWN DOLLAR DAYS
FOR THE CITY OF AMES
WHEREAS, Ames Main Street (AMS) is planning to host its annual Dollar Days from
Thursday, February 4, through Sunday, February 7, 2021; and,
WHEREAS, Ames Main Street requested a waiver of parking fees and enforcement in the
Downtown District on Saturday, February 6, 2021; and,
WHEREAS, fulfilling this request and providing free parking for the 613 metered parking
spaces in the Downtown area for the day yields a loss of$1,379.25 to the Parking Fund; and,
WHEREAS, funds from the Local Option Sales Tax Fund were appropriated by the City
Council in the FY 2020/21 City Budget to reimburse the Parking Fund for this event; and,
WHEREAS,for this event,the City Council is requesting to authorize a transfer of$1,379.25
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 Options Sales Tax Fund to the Parking Fund for the Ames
Main Street Downtown Dollar Days event on Saturday, February 6, 2021, is hereby approved.
ADOPTED THIS 12`h day of January, 2021.
Diane R. Voss, City Clerk John A. Haila, Mayor
Introduced by: Betcher
Seconded by: Junck
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Martin
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 12' day of January, 2021.