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HomeMy WebLinkAbout2003-05-28 03-169 RESOLVEItem No. 03-169 Date: May 28, 2003 Item/Subject RESOLVE - Aaapting and Appropriating a Donation from Stephen and Tabitha Ring Responsible Department: City Manager Commentary: Upon hearing the news that the low bid for the Beth Pardee Aquatic Center to be located In Hayford Park exceeded available funding by $284,885, Stephen and Tabitha king have generously donated an addldonal $250,000 towards the construction of the Aquatic Center briNing their total contribution to $1,900,000. The projected total cost of the project is $1,785,000. The additional funds will be provided by me City. Therefore, the attached resolve will arxpt and appropriate the king's additional donation In the amount of $250,000. Department Head r� y GLy Manager Aamdaated Information: W Budget Approval: Legal Approval: f� Flnanc¢ Director VFRA 'OW� _ Paamge __L First Reading Page _ of —L Referral . Alfw( cmu➢ Assigre to n ill eo le May 28, 2003 m M4. CITY OF BANGOR (nTLE.) Resolve, Aaepting and Appropriating a Donation from Stephen and Tabitha King By Bre oly Counts/ ofine arof&angor BE 1T RESOLVED, that a donation from Stephen and Tabhha King in the amount of $250,000 is hereby accepted and appropriated for the purpose of constructing the Beth Pancoe Aquatic Center at Hayford Park. IY CIT4 COOYCIL Msy 28. 2003 Picat Beading Yefe[ced tv Plvavice Ca®t[[ee c M UI COYNCIL Twe 9, 2003 l tlm Made avd Yecoaded for Paceage Passed CI p 03-169 YYY 0L Pe (TITLE) MceePtin aad pppiopriatiu a Yvvatfov r ep m and T-abxm Kio A l9ne Im Uuntllor(ICI'0d'- ��//((('''''�����Pte`