Title
Adopt a Resolution to Accept the San Leandro Public Library Foundation's Intent to Donate and Authorize the City Manager to Expend the Donation Funds in the Amount of $800,000 to Aid in the Replacement of the Existing Mulford-Marina Branch Library
Staffreport
COUNCIL PRIORITY
* Infrastructure
* Sustainability & Resiliency
* Fiscal Sustainability and Transparency
* Community Engagement and Outreach
SUMMARY
The San Leandro Public Library Foundation intends to make a generous donation of $800,000 to the City for the sole purpose of supplementing the funding needed to replace the existing Mulford-Marina Branch Library. Furthermore, of the $800,000 donation, $600,000 is designated for construction and $200,000 is designated for the purchase of furnishings.
The Foundation intends to disburse the donation according to the following schedule:
A. Three Hundred Thousand Dollars ($300,000) upon City Council acceptance of the Letter of Intent (Attachment B).
B. Three Hundred Thousand Dollars ($300,000) fifteen (15) days prior to the date the San Leandro City Council is scheduled to consider award of a contract to construct the Mulford-Marina Library; and
C. Two Hundred Thousand Dollars ($200,000) fifteen (15) days before the City is scheduled to issue an initial purchase order for furniture, shelving, equipment and/or other interior improvements for the Project.
RECOMMENTATIONS
Staff recommends the City Council adopt a resolution to accept the Letter of Intent (Attachment B) and the donation totaling $800,000 from the San Leandro Public Library Foundation and authorize the City Manager to execute all documents and appropriate the funds.
BACKGROUND
The San Leandro Public Library Foundation is a California non-profit corporation exempt from taxation as a 501(c)(3) and was established in 1992. The Foundation's mission is to raise funds to support the City's libraries and Project Literacy. For over 30 years the Foundation has provided supplemental funding for libr...
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