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Park and Recreation Commission <br />Meeting Date: 04/13/2017 <br />By: Mark Riverblood, Engineering/Public <br />Works <br />5. 2. <br />Information <br />Title: <br />Consider Request of the Ramsey Foundation for Lawful Gambling Funds for the Concert Series <br />Purpose/Background: <br />Since around 2012, the City of Ramsey Foundation a 501(C)(3) has assisted the City with The Draw Summer <br />Events Series —primarily with respect to fundraising and concert promotions. Each year the cost of the concerts <br />was shared between the City and Foundation. In the early years, the Foundation covered most of the concert <br />expenses through donations from Ramsey businesses. Coinciding with improved programming (more expensive <br />bands), the City provided a larger share of performer expenses. For 2016 this was $8,000, of the approximately <br />$15,000 in payments to bands. <br />Within the City of Ramsey's 2017 General Fund line item budget is $5,000 for the Foundation for this Summer's <br />Concert Series. The purpose of this case is respond to the request of the Foundation for a $3,000 contribution from <br />the Lawful Gambling Fund, to 'close the gap' in the anticipated funding for a total City share (two sources) of <br />$8,000. <br />Notification: <br />Observations/Alternatives: <br />Funding from the Lawful Gambling Fund is wholly appropriate, and the uses and restriction for this fund are <br />detailed within the excerpt from the City Charter's Finance and Fund Policy, attached (under letter C 3) below. <br />The 2016 concert assessment from Intern Nathan Greenwald is attached for additional information. <br />Funding Source: <br />Lawful Gambling Fund 9270 <br />Recommendation: <br />Staff recommends the appropriation of $3,000 to the City of Ramsey Foundation as this case discusses. <br />Action: <br />Motion to recommend that City Council allocate $3,000 to the City of Ramsey Foundation for The Draw Summer <br />Event Series. <br />Summer Schedule <br />Lawful Gambling Fund <br />2016 Concert Report to the Commission <br />Attachments <br />Form Review <br />Inbox <br />Reviewed By Date <br />