City Council

10.e. DISCUSSION AND CONSIDERATION OF RESOLUTION NO. 25-071,\nAPPROVING THE FORMATION OF THE SOUTH EL MONTE\nCOMMUNITY BENEFIT FOUNDATION\nDiscussion and consideration of a Resolution approving the formation of\nthe South El Monte Community Benefit Foundation by the South El Monte\nCity Council.\nRECOMMENDED ACTION: Staff recommends City Council:\n1. Discuss and consider the formation of the City of South El Monte\nCommunity Benefit Foundation (Foundation);\n2. Adopt Resolution No. 25-071;\n3. Authorize the City Clerk or designee to draft any and all documents\nnecessary to form the Foundation;\n4. Direct Staff to develop a process for selecting the first Board of\nDirectors of the Foundation for review and approval;\n5. Work with the City Attorney to draft the Foundation’s Bylaws and\nArticles of Incorporation to reflect a community-led governance\nstructure; and\n6. Provide additional direction to Staff.