At this month’s membership meeting, we will vote on a grant proposal from the Friends of Iverson Park. The board has reviewed this grant application and made the following recommendation. This recommendation is not binding; all members will have the opportunity to debate this motion and participate in a binding vote at our meeting on May 17th.
Friends of Iverson Park (FoIP) has asked CPNO for a $10k contribution towards a $64k capital improvement project in Iverson Park. CPNO gave $10k towards this same project about a year ago; since then FoIP has received a $28k grant from Park Pride, raised $6k from other sources, and plans to raise the remaining $10k privately.
The $10k CPNO gave previously was earmarked for a specific feature (a walking path) that is no longer included in the FoIP plan. As a result, we need to vote on two motions:
Motion to re-allocate the $10k donated in 2010 to playground equipment instead of the originally intended walking path;
Motion to grant an additional $10k to Friends of Iverson Park for their capital project
The board voted unanimously to support motion 1 (reallocation of previous grant), without reservation.
The board had reservations about motion 2 (additional $10k). Although we ultimately decided to support this grant, we were concerned that the original $10k remains unspent for over a year, and that the plan has changed in the meantime. However, the project aligns closely with our mission statement -- to promote the common good in Candler Park -- and we support the goal of an improved Iverson Park. To address these concerns, we amended the proposed motion to reserve the funds in CPNO’s account until the project is completely funded and underway, and to put a time limit on the grant. The amended motion is:
Motion to commit $10k to Friends of Iverson Park to be disbursed if total project funds have been raised and work is substantially complete by December 31, 2011
The board voted unanimously to support this amended motion 2.