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<br />VII. SPONSORSHIP AGREEMENTS <br /> <br />Sponsorship agreements may be set forth in a written agreement prepared by the <br />City. Each agreement shall be per event, program, venue, or activity and <br />recreational program not exceeding a term of one (1) year or season, unless <br />otherwise provided. <br /> <br />VIII. ACCOUNTING AND RECORD KEEPING <br /> <br />City Departments, with the assistance of the City's Finance Department, shall <br />maintain records that provide an audit trail for the receipt of all sponsorship funds. <br /> <br />Part B: Other Gifts, Donations, and In-kind Services <br /> <br />The following are the policy guidelines regarding other types of gifts and <br />donations, and in-kind services for the City of Sunny Isles Beach. <br /> <br />I. POLICY <br /> <br />The City of Sunny Isles Beach desires to increase public service and public <br />participation and fundraising through donations of monetary or tangible or <br />intangible property and or services. The City also supports other creative ways to <br />garner public support and money for all activities contemplated by this policy. <br /> <br />II. DIRECTIVE <br /> <br />This directive is to give guidance and counsel to City of Sunny Isles Beach <br />personnel, individuals and other entities (such as, city committees) acting on behalf <br />of the City regarding the solicitation and giving of donations as provided above. <br />All gifts, fundraising, and donations are to be accepted or rejected by the City in <br />accordance with the policy, directive and procedures as provided for herein. <br /> <br />III. GIFTS AND DONATIONS <br /> <br />A gift or donation is defined as a voluntary transfer of assets and or services from <br />a person or entity to the City in furtherance of this Policy. <br /> <br />TYPES OF ACCEPTABLE GIFTS: <br />The City of Sunny Isles Beach has approved the following types of gifts/donations <br />and public and private participation subject to the terms and conditions provided <br />for herein. <br /> <br />Sponsorships and Advertisement Policy Guidelines <br />City of Sunny Isles Beach, Florida <br />April 19, 2007 <br />- 6- <br />