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HomeMy Public PortalAbout2017-06-06 - Gift WT Savings-Summer ConcertsMichael J. Driscoll Town Manager TOWN OF WATERTOWN Office of the Town Manager Administration Building 149 Main Street Watertown, MA 02472 Phone:617-972-6465 Fax;617-972-6404 www.waterrown-ma.gov townmgr@watertown-ma.gov To: Honorable Town Council From: Michael J. Driscoll, Town Manager Date: June 1, 2017 RE: Agenda Item — Approval of Gift Expenditures I am pleased to inform you that Watertown Savings Bank has graciously donated a Gift of Funds to offset expenditures related to this years "Summer Concerts Series" starting on Thursday, June 29t". Pursuant to Massachusetts General Laws Chapter 44, Section 53A, any expenditure of gifts of funds needs the approval of the Town Manager and Town Council. I respectfully request the attached Resolution approving this gift expenditure be placed on the June 6th Special Town Council Agenda for your consideration. Thank you for your consideration in this matter. cc: Ronald D. Dean, Chairman and Chief Executive Officer, Watertown Savings Bank Thomas J. Tracy, Town Auditor/Assistant Town Manager for Finance Nancy Heffernan, Town Treasurer/Collector Steven Magoon, Community Development & Planning Director/Assistant Town Manager Mark R. Reich, Esquire, KP Law Resolution # R-2018 - Resolution approving the Acceptance and Expenditure of Gifts of Funds WHEREAS: From time to time, this community is the beneficiary of a gift donated towards improving the quality and spirit of its inhabitants lives; and, WHEREAS: The Town's free concerts series is in its 18th year and concerts will be held seven Thursday evenings beginning June 29th and ending August 10th, from 6:30 PM to 8 PM, Saltonstall Park; and, WHEREAS: This generous donation was given to offset expenditures related to the 2017 Summer Concert Series, where families and guests will enjoy a variety of musical performances and refreshments; and WHERE: Watertown Savings Bank graciously donated a gift of funds for the 2017 Summer Concerts Series; and, NOW THEREFORE BE IT RESOLVED: that the Town Council of the City known as the Town of Watertown, hereby accepts and appropriates, pursuant to Massachusetts General Laws Chapter 44, Section 53A, a monetary gift in the amount of $1,500 from the Watertown Savings Bank. Council Member I hereby certify that at a special meeting of the Town Council for which a quorum was present, the above resolution was adopted by a vote of for, _against and _present on June 6, 2017. Council Clerk Mark Sideris, Council President