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HomeMy WebLinkAbout7497RESOLUTION NO.7497 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, AMENDING THE FISCAL YEAR 2022-23 OPERATING BUDGET AND AUTHORIZING A SUPPLEMENTAL BUDGET APPROPRIATION FOR THE PURCHASE OF FIREWORKS AT THE 2023 PATRIOTIC FESTIVAL IN THE AMOUNT OF $20,000, :OFFSET BY A REDUCTION IN THE GENERAL FUND RESERVE; AND WAIVING EXPENSES RELATED TO POLICE AND FIRE SUPPORT FOR THE 2023 PATRIOTIC FESTIVAL WHEREAS, the City of Arcadia values opportunities for community members to gather for entertainment, leisure, and celebratory purposes; and WHEREAS, the City has a long history of hosting special events and providing support to non-profit entities to offer more events for residents to partake in; and WHEREAS, the Downtown Arcadia Improvement Association is a non-profit organization that aims to support and promote downtown businesses by attracting visitors and commerce to downtown Arcadia; and WHEREAS, the Downtown Arcadia Improvement Association provides several free, family -friendly events for the community to enjoy; and WHEREAS, the Patriotic Festival is a long-standing event in Arcadia that is held on July Fourth each year to celebrate America's Independence with food, entertainment, a parade, and firework display; and WHEREAS, the inflationary impacts and an increase in goods and serves have increased the cost for community events significantly and beyond what the Downtown Arcadia Improvement Association can fund; and WHEREAS, the City Council is authorized to grant monies for purposes that provide community benefit and meet a public purpose; and 1 WHEREAS, the Downtown Arcadia Improvement Association has requested the City provide a monetary sponsorship of the 2023 Patriotic Festival to fund the costs of the firework display at the event; and WHEREAS, this sponsorship request was brought to the City Council in Spring 2023 and was not anticipated at the time of budget development and cannot be covered in the current Fiscal Year 2022-23 Operating Budget; and WHEREAS, a sponsorship in the amount of $20,000 is necessary to enable a ten- minute firework show at the Patriotic Festival occurring on July 4, 2023; and WHEREAS, the City Manager has certified that there are sufficient reserves available in the General Fund Reserve for appropriation. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES FIND, DETERMINE AND RESOLVE AS FOLLOWS: SECTION 1. The sum of Twenty Thousand Dollars ($20,000) is hereby appropriated in the City Manager's Office budget, offset with a reduction in the General Fund Reserve by $20,000, and waiving any Police Department and Fire Department service costs for the 2023 Patriotic Festival. SECTION 2. The City Manager is authorized to sign any agreements or take any other actions necessary to effectuate this resolution. SECTION 3. The City Clerk shall certify to the adoption of this Resolution. [SIGNATURES ON THE NEXT PAGE] 2 Passed, approved and adopted this 16th day of May, 2023. ATTEST: City Clerk APPROVED AS TO FORM: Michael J. Maurer City Attorney 3 Mayor of the City rcadia STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) SS: CITY OF ARCADIA ) I, GENE GLASCO, City Clerk of the City of Arcadia, hereby certifies that the foregoing Resolution No. 7497 was passed and adopted by the City Council of the City of Arcadia, signed by the Mayor and attested to by the City Clerk at a regular meeting of said Council held on the 16th day of May, 2023 and that said Resolution was adopted by the following vote, to wit: AYES: Cao, Wang, Verlato, and Cheng NOES: None ABSTAIN: Kwan ABSENT: None 4 aes� — ;*r�t , ity Clerk oft City of Arcadia