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Resolution 86-18706 • RESOLUTION NO. 86-18706 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ESTABLISHING A TRUST FUND ACCOUNT IN THE CITY'S GENERAL TRUST FUND FOR THE PURPOSE OF COLLECTING AND ACCOUNTING FOR DONATIONS TO THE DR. LEO GROSSMAN MEMORIAL PLAYGROUND IN ISLAND VIEW PARK WHEREAS, Dr. Howard Engle, longtime friend and partner to Dr. Leo Grossman has suggested that funds be donated to the City for a Dr. Leo Grossman Memorial Playground to be located at Island View Park; and WHEREAS, the City is desirous of assisting in the establishment of a Dr. Leo Grossman Memorial Playground; and WHEREAS, the City is desirous of establishing such a trust account and administering the accounting for such an account. NOW, THEREFORE BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that a Dr. Leo Grossman Memorial Playground Trust Account will be set up in the City of Miami Beach's General Trust fund for the purpose of accounting the donations and expenditures for the Dr. Leo Grossman Memorial Playground. The purpose of these funds are solely to fund playground equipment in Island View Park in an area to be known as the Dr. Leo Grossman Memorial Playground and to provide maintenance and, should sufficient funds be available, provide staffing for the specified area. PASSED and ADOPTED this 17th day of December 1986. ayor Attest: ahti City Clerk APPROVED AS TO FORM: 4// 44,;, 114Adi Legal Department Dated /2-/2 -ef-6 . . . . . eio 4 /%4m dead ___-,073,,.., FLORIDA 3 3 1 3 9a f yE`* 1N °A *£ "VAC'AT/(INLAND U. S. A. " OFFICE OF THE CITY MANAGER CITY HALL ROB W.PARKINS 1700 CONVENTION CENTER DRIVE CITY MANAGER TELEPHONE: 673-7010 COMMISSION MEMORANDUM NO. IS. 2L DATE: December 17, 1986 TO: Mayor Alex Daou. - • , Members of - City Corn • issio /' FROM: Rob W. P. kins'j �1�'��\ City Manage i SUBJECT: RESOLUTION ES ABLISHING THE DR. LEO GROSSMAN MEMORIAL PLAYGROUND TRUST ACCOUNT IN THE CITY'S GENERAL TRUST FUND The City Commission, at the second meeting in November 1986, directed the Administration to work with Dr. Engle on the Dr. Leo Grossman Memorial Playground and to provide assistance in setting a tax-exempt fund for donations. It was recognized that the fastest and easiest way of providing for said fund was for the City of Miami Beach to provide a trust account for said purposes and accounting for any and all donations to the Memorial Playground. The attached Resolution sets up a trust account in the City's general trust fund and specifies that expenditures can be made from the account. Dr. Engle has agreed to this concept and will receive financial statements from the Finance Department as requested. ADMINISTRATION RECOMMENDATION: The Administration recommends that the City Commission approve the Resolution authorizing the Dr. Leo Grossman Memorial Playground Trust Account. RWP:gjg Attachment ZO AGENDA e — —II ITEM " V DATE 1 i—[ 7—K' ORTGTNAL RESOLUTION NO. 86-18706 (Establishing a trust fund account in the City's General Trust Fund for the purpose of collecting and accounting for donations to the Dr. Leo Grossman Memorial Playgrd. in Island View Park) }