BY COUNCILOR ANDERSON:
The city council finds:
(a) FinnFest 2008 has produced a public tourist event in the past and plans to do so again, expecting over 7,000 people to attend; and
(b) The event will benefit the local culture and economy; and
(c) Funds for the event were allocated by Resolution 07-0784 and are available.
NOW, THEREFORE, BE IT RESOLVED, that the proper city officials are authorized to execute and implement an agreement, substantially the same as that on file with the city clerk as Public Document No. ______________, between the city and FinnFest 2008 in amount of $10,000 for promotion of a major tourist event in 2008; payment from Fund 258, Agency 030, Object 5436-06.
STATEMENT OF PURPOSE: This resolution authorizes expenditure of previously allocated funds for a major event. About 7,000 to 10,000 people are expected to attend.