HomeMy WebLinkAboutReso 1993-16970 RESOLUTION NO. 16970
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA ESTABLISHING ALLOCATION GUIDELINES FOR THE GAYLE
McCANDLISS MEMORIAL FUND
WHEREAS, a memorial fund honoring the late Mayor Gayle McCandliss was
established in the early part of 1991 which fund was initially started with money
that had been raised during her campaign, and was subsequently supplemented with
numerous private donations; and,
WHEREAS, consistent with her wishes, the fund was formed in order to
establish a perpetual fund to recognize individuals or groups who make a
substantial contribution toward the arts in the City; and,
WHEREAS, the Cultural Arts Commission is prepared to proceed on the
development of an awards and scholarship program utilizing the interest accrued
on the money in the Fund, following the Council's consideration of the allocation
guidelines; and,
WHEREAS, there is currently in excess of $10,000 in the Gayle McCandliss
Memorial Fund; and,
WHEREAS, the Cultural Arts Commission met on November 10, 1992, and voted
unanimously to accept the Allocation Plan.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula
Vista does hereby establish Allocation Guidelines for the Gayle McCandliss
Memorial Fund as set forth in Exhibit "A", attached hereto and incorporated
Presented by ~ as t
by
e M. Boogaard '
ks and Recreation City Attorney
Resolution No. 16970
Page 2
ALLOCATION PLAN FOR GAYLE MCCANDLISS MEMORIAL FUND
1. Monies in the McCandliss Memorial Fund shall be invested by the Finance Department as part of
the City's pooled investments. Interest earned on monies invested from the McCandliss Memorial
Fund will be credited to the Fund.
2. The Finance Department, on request, shall provide financial information and status of the Fund.
3. The Fund shall be structured to allow for additional monetary donations by groups and/or
individuals. Unless otherwise specified by the donor, all additional donations shall be added to and
considered part of the principal. Parks and Recreation staff will be responsible for using good faith
and best effort to expend the donations for the purposes specified by the donor. The staff will
attempt to get permission from the Donor to use donations for other purposes ff the original stated
purpose cannot be achieved.
4. The Cultural Arts Commission shall be responsible for establishing a system to present one or more
scholarships, awards, or endowments from the Fund, annually, to deserving groups, organizations
or individuals, based on pre-determined criteria.
5. Scholarships, awards, or endowments from the Fund shall be in the form of monetary support.
Recognition plaques or certificates may accompany the award.
6. Awards will be presented at appropriate City gatherings such as Boards and Commissions dinners
or Council Meetings.
7. Scholarships, awards, and endowments from the Fund shall be limited to the interest accrued
annually in the Fund. Fund principal will not be allocated for this purpose without approval from
the Cultural Arts Commission and City Council.
8. A portion of the interest accrued on the Fund principal may be allocated by the Cultural Arts
Commission to cover direct administrative processing costs of promoting and presenting the
scholarships, awards, or endowments.
9. Scholarships, awards, or endowments from the Fund shall be presented to individuals, groups or
organizations that reside within the boundaries of the City, and/or that provide cultural
opportunities to the residents of the City of Chula Vista.
10. The Commission shall take into consideration the broad ethnic and cultural diversity of the City
when determining criteria for each award. Awards may be based on solicited nominations from
specific organizations, i.e., school districts, or from members of the general public.
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Resolution No. 16970
Page 3
PASSED, APPROVED and ADOPTED by the City Council of the City of Chula
Vista, California, this 26th day of January, 1993, by the following vote:
YES: Councilmembers: Fox, Moore, Rindone, Nader
NOES: Councilmembers: None
ABSENT: Councilmembers: Horton
ABSTAIN: Councilmembers: None
Tim Nader, Mayor
ATTEST:
7
Beverly ~ Authelet, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VISTA )
I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do
hereby certify that the foregoing Resolution No. 16970 was duly passed, approved,
and adopted by the City Council held on the 26th day of January, 1993.
Executed this 26th day of January, 1993.
Beverly ~. Authelet, City Clerk
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