Loading...
HomeMy WebLinkAboutReso 2007-016 RESOLUTION NO. 2007-016 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING THE FISCAL YEAR 2007 LIBRARY DEPARTMENT BUDGET BY APPROPRIATING UNANTICIPATED DONATION REVENUE IN THE AMOUNT OF $55,000 WHEREAS, as part of its ongoing fundraising efforts, the Library conducts various direct mail solicitation campaigns to supplement its book or materials budget. This year, the Library is requesting that $30,600 worth of donations be appropriated for books; and WHEREAS, since July I, 2006, the Library Department has received donations from various organizations and individuals for the purchase of new books to add to the Library's collection; and WHEREAS, the Library received its annual dispersal from the Friends of the Chula Vista Library Endowment Fund at the San Diego Foundation, totaling $24,000. The endowment fund was established in 1997 specifically to supplement the Library's book or materials budget. Over the years, the endowment has grown to over $500,000, the principle of which cannot be touched. Since the endowment has now reached a major financial threshold, the Library will henceforth be annually appropriating the dispersal to supplement the book budget, as approved by City Council in 1997. The amount of funds eligible for dispersal is based upon a specific formula established by the San Diego Foundation; and WHEREAS, the onetime funds will be used to purchase approximately 2,200 new books and DVDs that otherwise the library could not afford to purchase. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby amend the Fiscal Year 2007 Library Department supplies and services budget by appropriating the unanticipated donation revenue in the amount of $55,000. Presented by Approved as to form by ~~ Assistant CIty Manager/Library Director ~~f~~ Ann Moore City Attorney Reso]ution No. 2007-0]6 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chu]a Vista, California, this 23 cd day of January 2007 by the following vote: AYES: Councilmembers: Castaneda, McCann, Ramirez, Rindone, and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None (LJ Chery] Cox, ~~ ATTEST: ;::___fu~~~ Susan Bigelow, MMC, City lerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Reso]ution No. 2007-0]6 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chu]a Vista City Council held on the 23rd day of January 2007. Executed this 23rd day of January 2007. ~~r. ~~ Susan Bigelow, MMC, City erk