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HomeMy WebLinkAbout2016-10-24 16-386 ORDERCOUNCIL ACTION Item No. 16-386 Date: October 24, 2016 Item/Subject: ORDER, Authorizing the City Manager to Accept a $5,043.70 Donation from an "Anonymous Donor" for the Special Account: Pay It Forward Fund. Responsible Department: Health and Community Services Commentary: This order authorizes the City Manager to accept 18 shares of 3M and 30 shares of Verizon stock valued at $5,043.70, from a donor who wishes to remain anonymous. The Pay It Forward Account is a special account, funded by donations, that gives an extra hand to a person in need with the expectation that he or she, when able, will in turn donate time or money to another person in need. The Fund is administered by the Community Services Manager. Manager's Comments: Associated Information: Order Budget Approval: Legal Approval: Introduced for X Passage First Reading Referral Department Head V -P\ C ) City Manager Finance Director Page i of 1 City S icitor Assigned to Councilor Nichols CITY OF BANGOR 16-386 OCTOBER 24, 2016 (TITLE.) Order, Authorizing the City Manager to Accept a $5,043.70 Donation from an Anonymous Donor for Pay It Forward Special Account. BY THE CITY COUNCIL OF THE CITY OF BANGOR: BE IT ORDERED, that the City Manager is hereby authorized to Accept a $5,043.70 Donation from an Anonymous Donor for Pay It Forward Special Account. IN CITY COUNCIL OCTOBER 24, 2016 CO 16-386 PASSED � e +Vb 0Q .G� CITY CLEKK