TITLE: Title
Financial Assistance for Folklore Society
PURPOSE: The purpose of this item is for the Board of Aldermen to consider providing financial award to help support the celebration and summit of the Folklore Society.
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DEPARTMENT: Town Manager
CONTACT INFORMATION: David Andrews, 918-7315; Arche McAdoo, 918-7439
INFORMATION: On June 18, 2013 representatives from the Folklore Society appeared before the Board and presented their plans for a celebration and summit in the Town of Carrboro in the fall. They outlined the activities and noted they were in need of $1,000-$1,500 to rent the Carrboro Elementary School to host some of the activities. The Board asked staff to research available funding and report back to the Board by June 25th.
A contingency fund in the amount of $15,000 is included in the annual budget for 2013-14. Appropriation of contingency funds must be authorized by the Board.
FISCAL & STAFF IMPACT: If the Board authorizes the use of $1,500 to support Folklore Society's celebration and summit, this would leave a balance of $13,500 in the contingency fund.
RECOMMENDATION:r That the Board consider adoption of the attached resolution to provide financial assistance to the Folklore Society to help support their planned celebration and summit.