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Home My WebLink About6.k. Expenditure of Donation from Dakota Electric4ROSEMOUNTEXECUTIVE SUMMARY CITY COUNCIL City Council Regular Meeting: March 16, 2010 AGENDA ITEM: Expenditure of Donation from Dakota AGENDA SECTION: Consent Agenda Electric PREPARED BY: Kim Lindquist, Community Development AGENDA NO. . Director .� ATTACHMENTS: Donation Revenue Worksheet; Dakota APPROVED BY: Future Invoice os RECOMMENDED ACTION: Motion to approve an expenditure of $500.00 from the donation received from Dakota Electric to be used for the city's share of Dakota Future Google Network Project. DISCUSSION A donation in the amount of $5000 was received from Dakota Electric to be used in conjunction with the City's economic development efforts. Dakota Electric annually contributes to City economic development efforts including past expenditures for technology upgrades, Downtown Redevelopment planning, City marketing, and payment to consultants for work on the St. Joseph's Task Force work. There is money encumbered from the Dakota Electric donations to continue pursuing these goals. Dakota Future is working on an application relating to the Google Network Project. Google's website explains: Think big with a gig: Our experimental fiber network 2/10/2010 08:00:00 AM Imagine sitting in a rural health clinic, streaming three- dimensional medical imaging over the web and discussing a unique condition with a specialist in New York. Or downloading a high - definition, full- length feature film in less than five minutes. Or collaborating with classmates around the world while watching live 3 -D video of a university lecture. Universal, ultra high -speed Internet access will make all this and more possible. the FCC to look at new and creative ways to get there in its — and today we're announcing an experiment of our own. We're planning to build and test ultra high -speed broadband networks in a small number of trial locations across the United States. We'll deliver Internet speeds more than 100 times faster than what most Americans have access to today with 1 gigabit per second, fiber -to- the -home connections. We plan to offer service at a competitive price to at least 50,000 and potentially up to 500,000 people. Our goal is to experiment with new ways to help make Internet access better and faster for everyone. Here are some specific things that we have in mind: • Next generation apps: We want to see what developers and users can do with ultra high- speeds, whether it's creating new bandwidth - intensive "killer apps" and services, or other uses we can't yet imagine. • New deployment techniques: We'll test new ways to build fiber networks, and to help inform and support deployments elsewhere, we'll share key lessons learned with the world. • Openness and choice: We'll operate an "open access" network, giving users the choice of multiple service providers. And consistent with our past advocacy, we'll manage our network in an open, non - discriminatory and transparent way. Like our WiFi network in Mountain View, the purpose of this project is to experiment and learn. Network providers are making real progress to expand and improve high -speed Internet access, but there's still more to be done. We don't think we have all the answers — but through our trial, we hope to make a meaningful contribution to the shared goal of delivering faster and better Internet for everyone. As a first step, today we're putting out a request for information (RFD to help identify interested communities. We welcome responses from local government, as well as members of the public. Participating communities in Dakota County are being asked to contribute $500 to compile the information necessary to apply to Google. Dakota County CDA and Dakota Future are each matching the contributions of the cities. As one of the City's goals to aid in economic vitality for the community is to provide a high speed fiber network, use of funds to spur economic development is reasonable. While the odds of a successful application to Google are low, the cities have discussed that there is merit in aggregating some of the information needed for the application such as City and County Right of Way policies. It is also considered important to keep the need for high speed broadband visible to the public and business community. RECOMMENDATION Motion to approve the expenditure of $500.00 from the donation funds received from Dakota Electric. DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received on: Amount Received: Receipt # for Donation: Purpose of Donation: Account # for Donation: (Must be Liability # assigned for each individual Department.) EXPENDITURE OF DONATION Amount to be Spent: $500.00 To be Spent from Acct #: 101- 41910 -01- 433.10 (Must be Expenditure # corresponding to individual Department.) Purpose of Expenditure: Dakota Future Google Network Project AMENDMENT OF BUDGETS Amend Donation Revenue Acct #101 - 36230.00: $500.00 Amend Expenditure Acct #101 - 41910 -01- 433.10 $500.00 (The two- dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101 -22225 (Donation Liability #) Credit: 101- 36230.00 $500.00 $500.00 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council action on March 16. 2010 DAKOTA FUTUUC 1 Pout Success is `� INVOICE ' out Y "We �� March 8, 2010 Mr. Dwight Johnson City of Rosemount Google Network Project $500.00 Please make checks payable to: Dakota Future Please mail checks to: Dakota Future PO Box 240874 Apple Valley, MN 55124 -0874 Dakota Future is a 501 c6 organization. Federal Employer ID: 20 8101769 For more information, contact: Bill Coleman bi,dakotafuture.com 651- 491 -2551 Thank you for your support! PO Box 240874 Apple Valley, MN 55124 -0874 651 -491 -2551 infoadakotafuture.com www.dakotafuture.com