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CONSENT ITEM 5D <br /> <br /> <br />MEMORANDUM <br /> <br />DATE: July 28, 2014 <br /> <br />TO: Honorable Mayor and City Councilmembers <br />Patrick Klaers, City Administrator <br /> <br />FROM: Sue Iverson, Director of Finance and Administrative Services <br /> <br />SUBJECT: Accepting Donation from the Arden Hills Foundation <br /> <br /> <br /> <br />Staff Recommendation <br /> <br />Motion to approve Resolution 2014-038, a resolution accepting a donation from the Arden Hills <br />Foundation in the amount of $1,300. <br /> <br />Background <br /> <br />The Arden Hills Foundation has been established as a 501c3 organization. Pursuant to <br />Minnesota Statutes Section 465.03 for the benefit of its citizens, cities are authorized to accept <br />gifts and bequest for the benefits of recreational services. <br /> <br />Discussion <br /> <br />The Arden Hills Foundation has donated $1,300 to the City of Arden Hills for park benches. To <br />comply with State Statutes, the City needs to acknowledge the donation and issue receipt of the <br />donation to the Arden Hills Foundation. <br /> <br /> <br />11 <br />Page of <br /> <br />