01-0563R

RESOLUTION AUTHORIZING A NEIGHBORHOOD MATCHING GRANTS FUND AGREEMENT WITH THE MERRITT YOUTH HOCKEY ASSOCIATION IN AN AMOUNT NOT TO EXCEED $8,056.

BY COUNCILOR GILBERT:

        RESOLVED, that the proper city officials are hereby authorized to enter into a neighborhood matching grants fund agreement, substantially in the form of that on file in the office of the city clerk as Public Document No. ________, with the Merritt Youth Hockey Association in an amount not to exceed $8,056, payable from Fund 0100, Agency 700, Org. 1417, Object 5490.



STATEMENT OF PURPOSE:  The purpose of this resolution is to authorize a neighborhood matching grants fund agreement with the Merritt Youth Hockey Association in the amount of $8,056. The funds will be used for purchasing an ice maintenance tractor. The association has outlined $5,009 in matching funds through donations and sweat equity, which exceeds the required match of $4,028.