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REQUEST FOR ACTION <br />TO ITEM NUMBER <br />Economic Develo ment Authori 3.5 <br />AGENDA SECTION MEETING DATE PREPARED BY <br /> May 14, 2012 ClayWilfahrt, Assistant Director of <br /> Economic Develo ment <br />ITEM DESCRIPTION REVIEWED By <br />Approve Budget Amendment -Donation to Initiative <br />Foundation REVIEWED BY <br />ACTION REQUESTED <br />Approve Budget Amendment <br />BACKGROUND <br />On January 9, 2012, the EDA approved a donation to the Initiative Foundation in the amount of $2,500. <br />The EDA approved this donation after adopting the budget, and we would like to adjust the current <br />budget to reflect the approval. <br />FINANCIAL IMPACT <br />Reallocate $2,500 from Professional Services to the Miscellaneous line item in the amount of $2,500. <br />Action Motion by Second by Vote <br />Follow Up <br />N \Depaxunerns\CommunityDevelopment\Economic Development\EDA to move\Agenda\Year 2012\5-1412 EDA Agenda\RFA Initiative <br />Donation.doc <br />