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65B - SERVICE FINANCIAL REPORT
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65B - SERVICE FINANCIAL REPORT
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Last modified
9/10/2020 5:29:26 PM
Creation date
9/10/2020 5:15:30 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Parks, Recreation, & Community Services
Item #
65B
Date
9/15/2020
Destruction Year
2025
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DONATIONS, SPONSORSHIP, AND PARTNERSHIP POLICIES <br />Donations, sponsorships, and partnerships are best practice strategies for maximizing cost recovery <br />levels, and are in use in PRCSA. To evolve the use, however, they each need to be guided by policy. <br />Comprehensive donation, sponsorship, and partnership policies providing Team Members guidelines <br />will ensure that solicitation, negotiation, and fulfillment are appropriate under all applicable rules, <br />regulations, and laws. The policies will provide evaluation criteria to determine if the benefit is <br />appropriate in the delivery of the existing mission, vision, and goals of the City, and will ensure <br />transparent consistency for solicitation and fulfillment. <br />Research to establish strategic opportunities and appropriate valuations for sponsorship and partnership <br />opportunities, by using a consultant or an established industry methodology, will assist with alignment <br />to current market conditions. Sample Sponsorship and Partnership policies have been provided to the <br />PRCSA for its use, and policy development can serve as a model for the entire City. <br />36 LL. <br />65B-40 <br />
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