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HomeMy WebLinkAboutAgenda Report - December 16, 1998 (82)AGENDA TITLE: Presentation by Lodi Sports Foundation MEETING DATE: December 16, 1998 PREPARED BY: Parks and Recreation Director RECOMMENDED ACTION: Acceptance of loan payment and scholarship donations. BACKGROUND INFORMATION: At the December 17, 1997 City Council meeting, Council approved a $4,000 non-interest bearing loan to the Lodi Sports Foundation for non -site specific renderings to be repaid to the City within three years. John Johnson, Lodi Sports Foundation Chairman, will be present to make the first installment payment of $2,000 as well as present the City with checks in the amount of $250 each as contributions toward the Booster of Boys/Girls Sports Organization scholarship fund and the Parks and Recreation scholarship fund for youth activities. The Foundation continues its work in creating awareness regarding itself and the future indoor sports center. On Labor Day, the Foundatin continued the tradition of the 5K and 1 OK runs and they are looking forward to holding these runs as an annual event. In addition, the Foundation participates in "Gift Lodi", a group designed to promote estate planning and charitable giving throughout Lodi. FUNDING: None Ron Williamson Parks and Recreation Director APPROVED: . Dixon Flynn -- Ci ager 12109198