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Regular Agenda Item  
3. N.
Regular BOS Meeting
Meeting Date:
08/15/2022
Submitted For:
Mary Springer
Submitted By:
Mary Springer, Finance Director
Department:
Finance
Fiscal Year:
FY22-23
Budgeted?:
Yes
Contract Dates
Begin & End:
08-15-2022 - 09-30-2022
Grant?:
Yes
Matching
Requirement?:
No
Fund?:
Renewal
Information
Request/Subject
Approval of an Economic Development Grant to the Payson Rodeo Committee, Inc., a non-profit corporation, operated and maintained within the boundaries of Gila, who have submitted an application and that the Board has determined to be for the benefit of the public.
Background Information
Each year funds are budgeted to support economic development activities. The Payson Rodeo Committee, Inc. applied to Gila County for an Economic Development Grant in the amount of $15,000 to support the 139
th
performance of “The World’s Oldest Rodeo” held in August 2022. Under A.R.S. §11-254, "contributions may be made to any governmental agency or to a non-profit corporation which enjoys and maintains federal tax-exempt status as long as all monies are utilized for the purpose determined to be public by the board. The Payson Rodeo Committee will provide the direct benefit of advertising Gila County at all of the rodeo performances.
Evaluation
Funds are available. After reviewing the application/agreement, and asking any necessary questions, the Board shall determine if the request is for the benefit of the public. The Board may approve the Economic Development Grant and determined it to be for the benefit of the public.
Conclusion
Funds are available and after Evaluation, the Board may approve the Economic Development Grant, that the Board has determined to be for the benefit of the public, by entering into an agreement with the Payson Rodeo Committee, Inc., a non-profit corporation. All grant monies awarded to the non-profit corporation shall be used for the purpose determined to be public by the Board.
Recommendation
After Evaluation, the Board may approve the Economic Development Grant that the Board has determined to be for the benefit of the public by entering into an Agreement with the Payson Rodeo Committee, Inc, a non-profit corporation.
Suggested Motion
Information/Discussion/Action to approve the Economic Development Grant to the Payson Rodeo Committee, Inc. in the amount of $15,000 that the Board has determined to be for the benefit of the public.
(Mary Springer)
Attachments
Agreement No. 07302022 - Payson Rodeo Committee
Payson Rodeo Committee Request Letter
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