TITLE
The Mayor and City Council shall discuss and possibly take action on approving the allocation of up to $4,000 in available matching funds to applicants of the Maricopa Academic Scholarship Match Program from General Fund, Non-Departmental, Technical (10010000-53340). Staff also requests that Mayor and City Council grant authority to the City Manager to execute the agreements. Discussion and Action.
AGENDA ITEM DESCRIPTION
In April 2017, the Request for Proposals (RFP) was released for the Maricopa Academic Scholarship Match Program with an application deadline of April 21, 2017. To qualify for the Scholarship Match program, applicants would need to satisfy the following criteria:
Organization Eligibility Criteria:
• Must be a 501(c) non-profit organization
• Must provide existing services or contributions to Maricopa residents
• Must provide evidence that the organization can financially match the funds from the City before funds will be released if awarded.
• Must submit a Letter of Commitment indicating that they will match the funds provided and be able to meet the conditions of the Scholarship Match at time of application.
• Recipient of scholarship match funding in the past must be current on reporting the use of funds in the past to the City or they will be deemed ineligible for current year funds.
Nature of Scholarship:
• All graduating high school students living within Maricopa Unified School District’s boundaries are eligible, regardless of where they attend high school
• Community service, as defined by the non-profit organization, is required for students to be eligible for scholarship
• Scholarship qualifications set forth by the non-profit organizations cannot mandate a program of study
• Scholarships must be used for higher education opportunities beyond high school.
Two local non-profit organizations applied to participate in the Maricopa Academic Scholarship Match program, requesting at total of $4,000 in matching funds. The applicants are listed below with additional information about each.
Friends of the Maricopa Public Library
• Scholarship Name: The FOTL Scholarship
• Amount Requested: $2,000
• Applicant Match: $2,000
• Number of Scholarships Seeking to Offer with Matching Funds: 2 - $2,000 scholarships
• Scores Awarded: 100/100
• Rank: #1
Maricopa Chamber of Commerce
• Scholarship Name: Maricopa Chamber of Commerce Scholarship
• Amount Requested: $2,000
• Applicant Match: $2,000
• Number of Scholarships Seeking to Offer with Matching Funds: 2 - $2,000 scholarships
• Scores Awarded: 100/100
• Rank: #1
The applications were reviewed, discussed, and scored by Staff of the City of Maricopa. Staff makes the following recommendations to the Mayor and Council:
Staff recommends full funding for the following applicants:
• Friends of the Maricopa Public Library - $2,000
• Maricopa Chamber of Commerce - $2,000
This item will be presented by Brenda Hasler - Finance Director.
STAFF RECOMMENDATION
Staff recommends that the Mayor and City Council approve the allocation of up to $4,000 in available matching funds to the applicants of the Maricopa Academic Scholarship Match Program from General Fund, Non-Departmental, Technical (10010000-53340). Staff also requests that Mayor and City Council grant authority to the City Manager to execute the agreements.