HomeMy WebLinkAbout2001-06-25 01-264 ORDERItem No. 01-264
Date: June 25, 2001
item/Subjee6 ORDER, Establishing a Trust and Agency Account for Tricetwom al
Celebration
Responsible Department: Finance
Commentary: Mr. Leonard Minsky contacted me in May 2001, regarding the proceeds of a
bank account the Bicentennial Committee established after completion of their charge. The
cess funds were deposited into a bank account with the City's tax identification number. As
the account had no activity for a period of time, it was deemed dormmk The account was
closed on October 15, 1996. The proceeds of $529.75 were not identified at that time. Mr.
Minsky related the Committee's wishes that the amount be set aside to help fund a
Tricentennial Celebration. Therefore, Mia Order will establish such an account. The principal
and accumulated interest to be used in celebration of Our nation's Triceattecnensiialal..
Deguei1m t d
Manager's Commrnk: FlyerWw Nuns .r%q
o^'^+^aoM1ty, Bn sBsndi.i LdEWdtCity Manager
AaeocutM Information: 0
Budget Appf
i/� y�/d/1lkU.
Legal Approval:
City solicitor
Introduced for
X Passage
_Mrst Reading Page —of
Referral to Finance
01-266
ASS pWto Councilor Palmer lune 25. 2001
h . CITY OF BANGOR
(TIRE.)Order, Eaablishinga Truaand AgerRYApc farlWMe nnhd
Colebrabon
WHEREAS, in 1976 the Bicentennial Committee aaisted in fund raising and event
progmmming in celebration of the bicentennial and, through their elforls, funds
remained unexpended;
NOW, THEREFORE, BE ITORDEREO BY THE CITY COUNCIL OF THE CITY OF
BANGOR, TI WT.
The Finance DueMr B hereby authorized W estzblen a Trurt & Agency Aaount for Me City's
Trhe ennial Celebralion. Funds may be expended from this aaouM, after authorizadm by
the City Counid, for the planning, fimcnalMng, and execution of events M mark Me
Trl z nnlal.
IN CITY CWN
dune 25, 2001
Notion Made 6 Seconded pN 01-266
for Passage
Passed O B D E e
a a.sxs�(TITLEA Natabliahina a 'aunt and AgeacY
Account for Tricente®ial Celebration
Assigned b Cooncilor rnm