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6.1. - Page 5 of 18 <br />2.4. City Related Foundation Grant: A sum of money given to the City by a City -related <br />foundation for a specific purpose. <br />2.5. In -Kind Contributions: A contribution of an item or object other than cash or real <br />property, which would serve a useful purpose in the provision of City services. <br />Examples may include equipment, materials, or services. <br />2.6. Restricted Donation: A donation made to the City where the donor has restricted <br />its use to a specified purpose. <br />2.7. Sponsor: A company, organization, or individual who provides the City with funding <br />support for a program, activity, or facility in the form of a sponsorship, and who <br />expects more than nominal recognition in return. <br />2.8. Sponsorship: A sponsorship typically means a person or entity that provides the <br />City with financial support for an activity, City program, or City facility, typically in <br />exchange for the City providing more than nominal recognition of its financial <br />support, which distinguishes a sponsorship from a donation. Financial assistance <br />provided by a sponsor may consist of cash and/or in-kind contributions. <br />2.9. Sponsorship Agreement: A negotiated agreement between the City and a <br />company, organization, or individual who provides a sponsorship whereby the City <br />agrees to provide a sponsorship opportunity to a company, organization, or <br />individual in exchange for recognition rights related to certain identified City -owned <br />commercial or marketable assets. A Sponsorship Agreement may permit a limited <br />form of advertising opportunity for a company, organization, or individual in <br />exchange for the fee paid to the City. <br />2.10. Unrestricted Donations: A donation made to the City where the donor has placed <br />no limitation on its use. <br />2.11. Works of Art: Includes, without limitation, physical art that may be an integral part <br />of a public site or building, or that may be integrated with the work of other design <br />professionals. Examples of public works of art include: sculptures; murals and <br />paintings; earthworks; neon; glass; organic materials; mosaics; photographs; <br />prints; film; and any combination of media forms or hybrids of any media. <br />3. SUBMISSION, REVIEW AND GUIDELINES FOR PROPOSED DONATIONS, <br />SPONSORSHIPS AND CITY -RELATED FOUNDATION GRANTS <br />3.1. All public requests for donations, sponsorships, and City -related foundation grants <br />must be submitted to the City Clerk. <br />3.2. The City Manager is authorized to approve proposed donations, sponsorship, and <br />City -related foundation grants up to $60,000 in accordance with the criteria in <br />Section 3.3 of this policy. City Council approval is required, if a proposed donation, <br />sponsorship or City -related foundation grant is greater than $60,000. Where City <br />Council approval is required, the City Manager will submit a report with his or her <br />recommendation for acceptance for City Council consideration. In this instance, <br />the Clerk shall notify the proposer of the date for Council consideration and/or for <br />the subsequent action by City Council. <br />3.3. In reviewing a proposed donation, sponsorship or City -related foundation grant <br />("proposal") for acceptance, the City Council or City Manager as appropriate, shall <br />163 <br />