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Consent   1.D.
Regular City Council Meeting
Meeting Date:
01/24/2011
TITLE
Donation from Mr. Lilburn F. Wallace Estate
PRESENTED BY:
Bill Cochran
Department:
Library
Presentation:

PROBLEM/ISSUE STATEMENT

Parmly Billings Library received a bequest from the will of Mr. Lilburn F. "Wally" Wallace in the amount of $5,000.00 to support the Library.  In consultation with his surviving family members, the bequest will be used to purchase nonfiction books.  For the last decade of his life, after retiring to Billings from his position as Personal Assistant to the President of Pan Am Airways, he enjoyed borrowing and reading books from the Library.  This gift will help the Library to continue to provide quality resources for its patrons and the community.  

ALTERNATIVES ANALYZED

The City Council may:
  • Approve acceptance of the $5,000 gift.
  • Not approve the $5,000 gift.

FINANCIAL IMPACT

The Library's budget for materials will increase by $5,000 if the gift is accepted.  There will be no ongoing costs as a result of accepting the gift.

RECOMMENDATION

Staff recommends that Council accept this $5,000 bequest to purchase non-fiction materials for the Library and acknowledge this generous gift to Mr. Wallace's family.  

APPROVED BY CITY ADMINISTRATOR

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