For the purposes of this chapter the following terms, phrases, and words shall have the meanings given in this section:
CASH EQUIVALENT: | An asset that can be readily converted into a known amount of cash or that can be exchanged for a specified value of goods or services in the same manner as an equivalent value of cash. |
COMPENSATORY SERVICE WORKER: | A person who performs a public service with or without compensation for the city as a condition or part of the person's incarceration, plea, sentence, diversion, probation, or parole. |
DONATION: | Anything (including multi-year contributions) other than a grant, that is contributed to the city by a donor without receiving valuable consideration from the city. It includes, but is not limited to, a building or structure, an endowment, an improvement, land, materials, money, a cash equivalent, a negotiable security, or volunteer labor paired with another type of donation, but does not include a contribution or payment associated with a sponsorship, naming right, or other similar arrangement. |
DONOR: | An individual or organization that makes a donation to the city, including, but not limited to, a trust, estate, firm, partnership, joint venture, club, company, joint stock company, corporation, limited liability company, association, society, or any other group of individuals acting together, whether mutual, cooperative, fraternal, nonprofit, or otherwise. "Donor" does not include a compensatory service worker. |
EXCESS FUNDS: | Money, or another kind of donation that has been converted to money, contributed by a donor to the city that is unexpended after completion of the purpose for which a donation is used. |
GRANT: | A monetary or non-monetary contribution received pursuant to a formal application process and a formal award, or any contribution received from a governmental entity. |
NONMONETARY DONATION: | A donation to the city that cannot be classified as a donation of money, a cash equivalent, a negotiable security, or real property. |
VOLUNTEER: | A person who donates service under the direction of a city official, employee, or agent; without pay or other compensation except expenses actually and reasonably incurred as approved by the city. "Volunteer" does not include a compensatory service worker. |
VOLUNTEER LABOR: | Work provided by a volunteer under the direction of a city official, employee, or agent, that advances or contributes to a city objective. (Ord. 42-22, 2022: Ord. 37-20, 2020: Ord. 19-12, 2012) |