HomeMy WebLinkAbout2002-12-09 03-30 ORDERItem No. 03-30
Date: December 9, 2002
Item/Subject: ORDER - Establishing a Trust and Agency Account for the Bangor Skate Park
Responsible Department Parks & Recreation
Commentary:
After nearly three years of fund mising try hundreds aarea teenagers, and thanks to the genemady of numerous
busirle55°s, organizations and individuals $41,451.90 was raised for the purchase of equipment for the City of
Bangor's Skate Park. The City awranded appmxmatdy $ 40,000 In provide a pad and other amenities to create a
Skate Park in Paul Bumsan Park on Mein Street. Eastern Maine Chortles agreed to hold and manage me funds mind
all the equipment was purchased. The first mund of equipment was purchased! in the spring of 2001 and Bangor's
Skate Park oFw'alIV opened on June 261^. with a Ribbon Cubing Ceremony. The second and final purchase of
equipment was in the spring of 2002. The cost of equpment was W,493 plus indirect costed $1,240.92 for a total
expenditure d $ 35,241.92, having a balance of $ 5,209.98 to he usad for maintenance of the Skate Park.
This order establishes a Trust and Agenw Account In whi01 W deposit the balance of the funds as wall as the
ceipt of ful command. Thereby providing a source of funds for the purchase of rea is and maintenance of
the Skate Park by the Department of Pares & Recrez4an.
Department Head -
Manager's Commands:
This Order was reviewed by the Finance Committee 12/4/02.
Your approval is rem
Manager
AssociatedInformation:
/-
BudgetAppmraL
Finance Director
Legal Approval:
iry Solicitor
_X_ Passage
First Reading Page _ of _
Referral
atea Assigned WCouncilor Tremble Decanter 9, 2002
rRe
CITY OF BANGOR
(UTILE.) ORDER, Establishing a Trust and Agency Account for the Bangor Skate
Park
By the DZy CowrcBofthe Ory of all
WHEREAS, the Bangor Skate Park Ummeee raked$ 41,451.90 for the purchase and miniatures of
equipment for the Bator Skate Park ant;
WHEREAS, Eastman Maim Chanties volunteered to manage the fords and all equiPm et was
purchased and;
WHEREAS $ 35,741.93 was expended far the purchase of equipment and wi inect cast and;
WHEREAS at this Bme all equipment has been punchasrd end! placed In Be Skate Park limmiO a
balance of $ 5,709.98 In the account
HOW, THEREFORE, BE U ORDERED, TIWT: Brae is hereby established a Trust and Agency Aceuunt
for the maintenance of the Bangor Skate Park. FUMs may be egmded fmm this account for the
purchase of replacement parts, mateNl and labor for main repair and upkeep of the State Park. Wme
or usual purchases must have prbr auMorimtian of the any Cnunnd. The balance of $5,709.98 and all
Mum Skate Park donations all be placed In this account
w CITT COD IL
December 9. 2002
Hotton Made and Sao d
for Passne
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