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HomeMy WebLinkAbout~Master - Approving Transfer of Funds from Local Option Sales Tax Fund to Parking Fund for Downtown Dollar Days RESOLUTION NO. 23-002 RESOLUTION APPROVING TRANSFER OF FUNDS FROM LOCAL OPTION SALES TAX FUND TO THE PARKING FUND FOR DOWNTOWN DOLLAR DAYS FOR THE CITY OF AMES,IOWA WHEREAS, Ames Main Street (AMS) is planning to host its annual Dollar Days from Thursday, January 26, through Sunday, January 29, 2023; and, WHEREAS, AMS requested a waiver of parking fees and enforcement in the Downtown District on Saturday, January 28, 2023; 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 2022/23 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 funds from the Local Options Sales Tax Fund to the Parking Fund for the Ames Main Street Downtown Dollar Days event on Saturday, January 29, 2023, is hereby approved. ADOPTED THIS 1 Oth day of January, 2023. Renee kall, City Clerk John A. Haila, Mayor Introduced by: Betcher Seconded by: Beatty-Hansen Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this loth day of January, 2023.