Resolutions-2010-34 (2)

RESOLUTION 2010- 34 A RESOLUTION AUTHORIZING THE SPECIAL FUNDING FOR 2010 TIFFINFEST WHEREAS: the City Council has reviewed the need for approval of special funding for the 2010 Tiffinfest. AND WHEREAS: the City Council has approved the special funding for the 2010 Tiffinfest as a loan to be paid to the - City of Tiffin out of net profits of the Tiffinfest and upon the discovery that net profits do not exist then said loan will be a forgivable loan of the Tiffinfest committee. NOW THEREFORE, BE IT RESOLVED by the City of Tiffin, Iowa, that the City Council hereby authorizes the. Mayor and City Clerk to issue a check for the amount of $ 10, 000 to be deposited in the Tiffinfest account. On this 10th day of July 2010, at a Special Meeting of Tiffin City Council, Tiffin, Iowa, Council person Chris Ball introduced Resolution 2010- 34 A RESOLUTION AUTHORIZING THE SPECIAL FUNDING FOR 2010 TIFFINFEST and made a motion for.approval. The motion was seconded by Council person Mark Petersen. AYES: Jim Bartels, Chris Ball, Mark Petersen NAYS: None ABSENT: Mike Gericke, Travis Weipert WHEREUPON, three votes by City Council approved Resolution 2010- 34, Mayor Phillips declared that Resolution 2010- 34 be adopted and signified his approval of the same by affixing, his signature thereto. PASSED, AND APPROVED THIS 10th DAY OF JULY 2010. City of Tiffin Rc illi s, May f iffin, Iowa A t to: r— Ruth Muth, City Clerk of Tiffin, Iowa