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Agenda 07/27/2010 Item #16E 5Agenda Item No. 16E5 July 27, 2010 Page 1 of 2 EXECUTIVE SUMMARY Recommendation to authorize a Budget Amendment appropriating $39,000 from the Tourist Development Council (TDC) grant to the Freedom Memorial Fund (Fund 620), for construction costs. OBJECTIVE: Obtain authorization from the Board of County Commissioners for a budget amendment appropriating $39,000 from a TDC grant, to fund construction costs for the Freedom Memorial. CONSIDERATIONS: In 2005, the Collier County Board of Commissioners established that there was a valid public purpose for the solicitation and receipt of donations to construct a Freedom Memorial (Resolution 2005 -259). In order to provide for the design and construction of the Memorial, the Freedom Memorial Fund (620) was established. Funding for the construction of the Freedom Memorial is provided by grants and contributions, including funding from the TDC. In Fiscal Year 2010, the Freedom Memorial Fund has obligated funds for construction that TDC has budgeted and agreed to reimburse with a grant in the amount of $39,000. FISCAL IMPACT: A budget amendment is needed to appropriate funds for a $39,000 grant for the Freedom Memorial that TDC has budgeted in FY 2010. These associated expenses and revenue are forecasted in the FY 2011 Freedom Memorial budget. GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this Executive Summary, LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney and is legally sufficient for Board action. -JAK RECOMMENDATION: That the Board authorizes a Budget Amendment appropriating $39,000 in the Freedom Memorial Fund (Fund 620) for construction costs to be paid for by a grant from TDC. PREPARED BY: Claude Nesbitt, Senior Project Manager, Facilities Management Department Agenda Item No. 16E5 July 27, 2010 Fage 2 of 2 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Item Number: 16E5 Item Summary: Recommendation to authorize a $39,000.00 budget amendment appropnating TDC matching funds for eligible construction costs expended by the Freedom Memorial Fund (620) throughout Fiscal Year 2010. Meeting Date: 7/27/2010 900.00 AM Prepared By Claude Nesbitt Project Manager, Senior Date Administrative Services Division Facilities Management 71612010 3:58:51 PM Approved By Claude Nesbitt Project Manager, Senior Date Administrative Services Division Facilities Management 716/2010 3:59 PM Approved By Skip Camp, C.F.M. Director - Facilities Management Date Administrative Services Division Facilities Management 7/812010 4:56 PM Approved By Len Golden Price Administrator - Administrative Services Date Administrative Services Division Administrative Services Division 7/1312010 10:0" PM Approved By OMB Coordinator Date County Manager's Office Office of Management & Budget 7114!2910 11:13 AM Approved By Pandy Gr,.enwa!d Manage e nt /Buy'__ Office of Management & Budget Office of Management & Budget 7'1412010 3:00 PM Approved By Jeff Klatzkow County Attorney Date 7/14t2010 3:53 PM Approved By Mark Jackson Management'Budget Analyst, Senior Date Office of Management Budget Office cf Management & Budget 71151201.0 1:19 Prf