107.04 AUTHORITY TO ACCEPT DONATIONS.
   (a)    The Mayor is authorized to accept donations of money and/or personal property on behalf of the Village, so long as:
      (1)    The donation represents an unconditional gift by the donor; and
      (2)    The donation does not require that the Village provide any matching funds or property; and
      (3)    The fair market value of the donation does not exceed one thousand dollars ($1,000).
   (b)    Prior to receiving any such donation of money or personal property that has value of at least two hundred fifty dollars ($250.00) the Mayor shall submit a report to the Clerk of Council approved as to form and substance by the Director of Law, which shall state the purpose for which the donation has been made by the donor, and if the donation is money , the Village fund into which the donation shall be deposited.
   (c)    For purposes of this section, an “unconditional” gift is one in which there is no obligation imposed by the donor upon the Village as a condition of acceptance. A gift shall not be considered “conditional’ if the donor simply restricts the use of the gift to a particular department or division of the Village, or, if the gift is money, the fund into which the money shall be deposited.
(Ord. 2019-27. Passed 5-8-19.)