Establish a fund for
Borough Sesquicentennial Celebration
Whereas, the Borough of Bolivar will celebrate the 150 Anniversary of its incorporation in the year 2013 and,
Whereas, a committee has been established to organize and prepare for such celebration, and which committee holds fund raisers and expends funds for the celebration, and
Whereas, the Borough wishes to assist the committee by providing an account for the sole use of the committee and to benefit and advance the efforts of the committee and,
Whereas, the Borough is authorized to make appropriations for civic purposes, pursuant to the provision of Section 1202 (67) of the Borough code.
Now Therefore, be it resolved and it is resolved as follows
1. Bolivar Borough shall establish an account at the S & T Bank, Resort Plaza Office 111 Resort Plaza Drive Blairsville PA 15717, entitled the "Bolivar Sesquicentennial Fund" (the fund).
2. The Borough shall deposit all funds received from any source which designates those donations for use in the planning, preparation and administration of the Sesquicentennial Celebration into the Fund. In no event shall the Borough be required to deposit any funds into said account which have not been so designated nor shall the Township be required to fund the account from any source other than donations received for that purpose.
3. The Borough shall from time to time, as a request is made, pay from available funds any amount requested to the benefit and advancement of the Celebration, excepting those funds necessary to maintain the account in open status, providing that the Sesquicentennial Committee or not less than two of its designated representatives shall supply the Borough with a written purchase order designating the amount requested, the identity to whom the funds are to be paid, and the purpose of the request.
4. Upon completion of the Sesquicentennial Celebration or December 31, 2013, whichever occurs later, the Borough shall release all payments owing and disburse any excess funds to the use and benefit of the Bolivar Borough Parks and Recreation Committee for identified improvements and or maintenance at either of the Borough Parks.
Be it Resolved and it is hereby resolved this 2nd day of February 2012
President of Council
Original on file in Vault