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HomeMy Public PortalAbout1995-33 Key Biscayne Community Center, IncRESOLUTION NO. 95-33 A RESOLUTION OF THE VILLAGE OF KEY BISCAYNE, FLORIDA; ACCEPTING A DONATION IN THE APPROXIMATE AMOUNT OF $27,725.54 FROM THE KEY B I SCAYNE COMMUNITY CENTER, INC. FOR THE PURPOSE OF FUNDING A COMMUNITY CENTER; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS the KeyBiscayne Community Center, Inc. has approached the Village and indicated its desire to donate the approximate amount of $27,725.54 to be used for the purpose of constructing a community center; and WHEREAS, the Council has made a determination that a community center may be constructed and it wishes to accept the donation to be solely used for this purpose; NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF KEY BISCAYNE AS FOLLOWS: Section 1. That the Village Council accept a donation in the approximate amount of $27,725.54 from the Key Biscayne Community Center, Inc. 2ection 2. That the funds will be held in a separate interest - bearing account and used for the purpose of constructing a community center when a community center is approved by the Village Council. Section 3. In the event that the funds are not used within a period of five (5) years, from the date of the approval of this resolution, for the purpose of constructing a community center, the funds will be distributed to the following civic organizations as provided below: Key Biscayne Athletic Club 60% All Key Biscayne Boy Scouts 20% All Key Biscayne Girl Scouts 20% In the event any of the designated civic organizations are not in existence at the time of a distribution, the designated percentage of that civic organization shall be prorated among the rest of the designated civic organizations. Section 5. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this 12th day of September , 1995. A L rE GUIDO H./INGUANZO, JR., CMC, VILLAGE CLERK APPROVED TO FORM AND LEGAL SUFFICIENCY: R�C+�HARI WEISS, VILLAGE ATTORNEY R JOHN F. FESTA ANIL