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Item 9BItem 9B Approve SPDC Matching Funds request from SSFI for the purchase of a handicap accessible van in the amount of $61,350 Background SSFI: Non-profit organization Main initiative – Purchase 23 passenger handicap accessible bus Primary use Senior programs (expanded) Other CS program uses TR, Rec, Events Savings $11,000/yr Floor plan Financial Considerations SSFI actively seeking grants/sponsorships SSFI request $61,350 FY 2011 Matching Funds Budget = $513,247 Budget Available $513,247 KSB Request $ 2,350 (if approved) SDCA Request $218,273 (if approved) SSFI Request $ 61,350 Balance $231,274 Financial Considerations Approval contingent upon… SSFI raising required funding 2. City & SSFI executing agreement Crafted by City Attorney and Approved by CC Clearly addresses all legal matters including ownership, operations, maintenance, prioritization of use, insurance, and liability Additional Information Parks Board recommended approval (8-0) SPDC recommended approval (7-0) (contingent upon…) Questions? Return