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HomeMy WebLinkAboutResolution No. 168-24 - Resolution - Additional Funding for 2025 Community Building Fund Applications RESOLUTION Approving the Reallocation of City Funds to Provide an Additional $50,000 for the Community Building Fund in 2025. WHEREAS, the Community Building Fund is a program that supports projects, programs, and events in the City that actively promote social equity; and WHEREAS, the Open Gym pilot program has $24,903.93 of funding underspent; and WHEREAS, an additional $25,096.07 can be transferred from the City’s contingency fund. NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester, MN that $24,903.93 is transferred from the Open Gym pilot program to the Community Building Fund for 2025 applications. BE IT FURTHER RESOLVED that $25,096.07 is transferred from the City’s contingency fund to the Community Building Fund for 2025 applications. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2024. ___________________________________ PRESIDENT OF SAID COMMON COUNCIL ATTEST: __________________________ CITY CLERK APPROVED THIS _____ DAY OF ______________________, 2024. ___________________________________ MAYOR OF SAID CITY (Seal of the City of Rochester, Minnesota)