GENERAL COMMITTEE
	TO:	Mayor and Members of Council
	FROM:	Barbara Nanninga, Executive Assistant to Mayor & Council
	PREPARED BY:	Barbara Nanninga, Executive Assistant to Mayor & Council
	DATE OF MEETING:	January 24, 2005
	SUBJECT:	Purchase of Sponsorships – Yee Hong Dragon Ball – Saturday, February 5, 2005

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RECOMMENDATION:

That Council be polled and tickets be purchased for those wishing to attend the Yee Hong Dragon Ball on Saturday, February 5, 2005 at the Metro Toronto Convention Centre. Tickets are $400.00 each and will be purchased as required not to exceed $3000.00. Charges to account 840 841 8415840.

A silent auction item has been provided on behalf of Council.

PURPOSE:

The proceeds from this Gala support the Yee Hong Community Wellness Foundation.

FINANCIAL CONSIDERATIONS:

Table Sponsor $4,800.00

Individual tickets $400.00

The maximum funding to any one organization per year is $4000.00

The breakdown is: $3000.00 maximum sponsorship

$1000.00 maximum grants

BUSINESS UNITS CONSULTED AND AFFECTED:

Not applicable.

ATTACHMENTS:

Copy of invitation letter.

Barbara Nanninga

Executive Assistant to Mayor & Council