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Home My WebLink About3.b. Receive Donation – Parks & Recreation Dept. EXECUTIVE SUMMARY City Council Regular Meeting: November 14, 2016 AGENDA ITEM: Receive Donation – Parks & Recreation Dept. AGENDA SECTION: Presentations PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. 3.b. ATTACHMENTS: None APPROVED BY: ddj RECOMMENDED ACTION: Motion to approve receiving the following donation: $20,900 from the Rosemount Area Athletic Association towards the cost of Shannon Park Dugouts. ISSUE The Parks and Recreation Department is in the process of adding dugouts to the five ball fields at Shannon Park. The cost of the ten dugout improvements is $43,723.00. RAAA baseball and softball are two of the main user groups of the fields at Shannon Park and have made a $20,900 donation to assist with cost of the project. The City of Rosemount is paying for the remaining $22,823.00 from funding that has been encumbered for dugout improvements. BACKGROUND Motion to approve receiving the following donation: $20,900 from the Rosemount Area Athletic Association towards the cost of the Shannon Park Dugouts. SUMMARY This is a request for Council to receive the donation listed above. 2 DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received On: 10-27-16 – from Rosemount Area Athletic Assoc Amount Received: $ 20,900 Purpose of Donation: Partial funding of Shannon Park Dugouts Account # for Donation: 101-22223 (Must be Liability # Assigned for Each Individual Department) EXPENDITURE OF DONATION Amount to be Spent: $ To be Spent from Account #: (Must be Expenditure # Corresponding to Individual Department) Purpose of Expenditure: AMENDMENT OF BUDGETS Amend Donation Revenue Account #101-36230.00: $ Amend Expenditure Account # :$ (The Two Dollar Amounts Must be the Same) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101-22223 (Donation Liability #) $ Credit: 101-36230.00 $ Journal entry to reduce deferred donation revenue account and increase donation revenue account to actual per City Council action on: 11-14-16 .