Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Repealing Resolution No. R-2023-371 Regarding The Donation And Sponsorship Policy; Implementing A New Donations To The City Policy.
Strategic Plan Focus
Financial Management & Administration
Body
Staff Recommends: Approval of the attached Resolution.
Explanation:
The City Commission adopted a Donation and Sponsorship Policy on December 6, 2023 via Resolution R-2023-371. In further review of this policy and its practical application, there was a desire to remove a perceived correlation between donations and naming rights, and as such, the new policy pertains directly to the review and acceptance of donations only. Naming rights, no longer tied to donations, is provided for as part of a separately updated policy. Additionally, further clarification to acceptance authority and types of donations is exhibited in this streamlined new policy.
Fiscal Impact:
Approval of this Resolution will not fiscally impact the City.
Recommended for inclusion on the agenda by:
Adam Reichbach, Assistant City Manager