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CCP 01-14-2002
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CCP 01-14-2002
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5/8/2007 1:17:00 PM
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11/13/2006 4:02:29 PM
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<br />, <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />Mr. Jerry McCaurey <br />December 21, 2001 <br />Page 2 <br /> <br />percent (utilizing the 10% contribution to the City of Arden Hills as part of the trade area) <br />remaining trade area spending requirement was. <br /> <br />I believe the objective of the organization to improve the learning environment for students of <br />Independent School District No. 621 generally satisfies the spirit of the ordinance. However, <br />another objective of the foundation is to grow its endowment. This activity does not appear to <br />meet the spirit of the ordinance. Since the organization has multiple revenue sources with <br />charitable gambling being only one source, compliance with Ordinance #318 will leave a clear <br />audit trail with respect to satisfying ordinance trade area spending requirements. <br /> <br />I will be out of the office until early January and will be contacting Mr. Cornell at that time. <br /> <br />S;"ii~ <br /> <br />Terrance R. Post <br />City Accountant <br /> <br />cc: <br /> <br />Joe Lynch, City Administrator <br /> <br />enc. <br /> <br />V'L <br /> <br />e <br /> <br />. <br /> <br />e <br />
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