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L-5. ACCEPT GRANT FROM C.W. & MODENE NEELY CHARITABLE FOUNDATION Accept a grant from the C.W. & Modene Neely Charitable Foundation in the amount of $10,000.00. This grant is restricted to the sole use and benefit of the Southeast Regional Library's Children's collection. A report showing a record of expenditure of the funds is due as soon as possible or after the close of the District's fiscal year, whichever occurs first. The Department of Finance has calculated the Library District's composite administrative cost rate at 7.5%. The grant allows a 0% rate for administrative fees. Unrecoverable indirect cost is $750.00. Also, approve a revenue and expenditure appropriation adjustment to the Library District (650) Library District Grants (242) Non-Recurring Non-Project (0001) budget in the amount of $10,000.00 for FY 2010-2011. (C-65-11-013-M-00)