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11-10507rRESOLUTION NO. 10507 RESOLUTION AUTHORIZING ACCEPTANCE OF ALL GRANTS AND DONATIONS RECEIVED BY THE CITY OF RICHFIELD AND TO AUTHORIZE THE CITY TO ADMINISTER THE FUNDS IN ACCORDANCE WITH GRANT AGREEMENTS AND TERMS PRESCRIBED BY DONORS WHEREAS, Minnesota Statute 465.03 reads in part as follows: Any city, county, school district or town may accept a grant or devise of real or personal property and maintain such property for the benefit of its citizens in accordance with the terms prescribed by the donor. Nothing herein shall authorize such acceptance or use for religious or sectarian purposes. Every acceptance shall be by resolution of the council adopted by two- thirds majority of its members, expressing such terms in full, and WHEREAS, the City of Richfield has received grants and donations as described below: DATE DONOR 4MOU T January 2011 Bum arner Family-Wood Lake Grant $10,000 March 2011 Jim Russell -Wood Lake Grant $5,000 March 2011 Scott Russell -Wood Lake Grant $2,500 March 2011 Karen and Jazz Russell -Wood Lake Grant $2,500 April 2011 Sid Munson -Wood Lake Grant $15,000 NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Richfield, Minnesota, as follows: That the City Council of the City of Richfield hereby accepts the grants and donations as listed above, received in 2011, and authorizes the City to administer the funds in accordance with grant agreements and terms prescribed by donors. Adopted by the City Council of the City of Richfield, Minnesota this 26th day of April, 2011. �'k ebbie Goettel, Mayor ATTEST: �_/L�Jiqo Nancy Gib s City Clerk