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Home My WebLink About~Master - Transfer of Funds From Local Option Sales Tax Fund to Parking Fund for Small Business Saturday RESOLUTION NO. 23-120 RESOLUTION APPROVING TRANSFER OF FUNDS FROM LOCAL OPTION SALES TAX FUND TO THE PARKING FUND FOR SMALL BUSINESS SATURDAY FOR THE CITY OF AMES, IOWA WHEREAS,Ames Main Street(AMS)has submitted requests to facilitate Small Business Saturday on November 25, 2023; and, WHEREAS, to facilitate this event, organizers are requesting suspension of parking regulations and enforcement for Downtown from 8:00 a.m.to 8:00 p.m.on Saturday,November 25, 2023; 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(not for area-wide free parking); and, WHEREAS, for FY 2023/24, the City Council allocated $5,489 in the Local Option Sales Tax Fund to reimburse the Parking Fund for Downtown special events where free parking or parking closures are to take place; and, WHEREAS, for this event, the Ames Main Street 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 LocalOption Sales Tax Fund to the Parking Fund for the Ames Main Street Shop Small Business Saturday event on Saturday, November 25, 2023, is hereby approved. ADOPTED THIS 141h day of March, 2023. e4 W- � e Renee Nall, City Clerk John A. Haila, Mayor Introduced by: Gartin Seconded by: Betcher Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 141h day of March, 2023.