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Page 1 of 1 <br /> <br />CONSENT ITEM – 6I <br /> <br />MEMORANDUM <br /> <br />DATE: November 9, 2020 <br /> <br />TO: Honorable Mayor and City Councilmembers <br /> <br />FROM: Dave Perrault, City Administrator <br /> <br />SUBJECT: Resolution 2020-058 Accepting Donation from the Arden Hills Foundation <br /> <br /> Budgeted Amount: Actual Amount: Funding Source: <br /> N/A $1,300.00 N/A <br /> <br />Council Should Consider City Council should consider approving Resolution 2020-058 Accepting a Donation from the <br />Arden Hills Foundation in the amount of $1,300.00 for neighborhood watch signs. <br /> <br />Background 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 bequests for the benefits. <br />A memo is attached providing the background on the donation and the location of the signs to be <br />replaced. <br />Discussion The Arden Hills Foundation has donated $1,300.00 to the City of Arden Hills for replacing or <br />installing new neighborhood watch signs. To comply with State Statutes, the City needs to <br />acknowledge the donation and issue receipt of the donation to the Arden Hills Foundation. <br />Budget Impact None. <br /> <br />Attachments Attachment A: Resolution 2020-058 <br />Attachment B: Background Information Memo