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Council adopts ordinance establishing Philip R. Reed parks fund after $200,000 estate gift
Summary
The council adopted Ordinance 2026‑1 to create the Philip R. Reed estate non‑reverting fund after receiving notice that the late Philip R. Reed bequeathed approximately $200,000 to support outdoor parks and basketball facilities in Decatur.
Council introduced and adopted Ordinance 2026‑1 on first and final reading to establish the City of Decatur Philip R. Reed estate non‑reverting fund after staff notified the council that a former resident, Philip R. Reed, left about $200,000 designated for parks and recreation uses.
Council members expressed gratitude to Mr. Reed’s family and noted that the gift is designated for outdoor parks and basketball facilities. The council first introduced the ordinance by short title, then moved to suspend the rules and adopt it on final reading the same meeting. A roll-call vote recorded "Yes" from Jenny Bowers Schulz, Matt Dyer, Tyler Fingham and Scott Murray; Abby Wilder was absent. The motion carried.
The ordinance creates a non‑reverting fund to hold the proceeds and restrict expenditures to the donor’s stated purposes. Staff said the city will notify the donor’s family and begin the internal accounting necessary to record and disburse the funds according to the ordinance.
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