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HomeMy WebLinkAboutVIII-04 Accept Donation from American Center of Philanthropy on Behalf of Ruth Gale and George W. Doffing Charitable Fund City Council Memorandum To: Mayor Fasbender & City Councilmembers From: John Hinzman, Community Development Director Date: May 16, 2022 Item: Resolution: Accept Grant - American Center of Philanthropy (Doffing Fund) - Business Incubator Design City Council Action Requested: Adopt the attached resolution accepting a grant in the amount of $15,000 from the American Center of Philanthropy on behalf of the Ruth Gale and George W. Doffing Charitable Fund. Funding is allocated towards the design phase of a potential business incubator facility. A simple majority is necessary for action. Background Information: The Hastings Economic Development and Redevelopment Authority (HEDRA) has begun preliminary discussions on a potential business incubator facility to foster the growth of new business. Financial Impact: The grant will defray costs of design Advisory Commission Discussion: N\A Council Commission Discussion: N\A Attachments: • Resolution • Award Letter VIII-04 CITY OF HASTINGS DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 05 - - 22 A RESOLUTION EXPRESSING ACCEPTANCE OF AND APPRECIATION OF A GRANT TO THE CITY OF HASTINGS WHEREAS, The American Center for Philanthropy on behalf of the Ruth Gale and George W. Doffing Charitable Fund has awarded a grant to the City Hastings in the amount of 15,000.00 and has designated that this grant be used towards the design phase of a potential business incubator project in Hastings;and WHEREAS, the City Council is appreciative of the grant and commends the Ruth Gale and George Doffing Charitable Fund for this civic effort, NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Hastings, Minnesota; 1.That the grant is accepted and acknowledged with gratitude; and 2.That the grant will be appropriated towards the design phase of the business incubator project. Adopted this 16th Day of May, 2022 ________________________________ Mary Fasbender, Mayor Attest: ____________________________ Kelly Murtaugh, City Clerk VIII-04 VIII-04 VIII-04