City Council

2. APPROVAL OF A MEMORANDUM OF UNDERSTANDING BETWEEN THE\nC I T Y A N D T H E H U N T I N G T O N F O R $ 5 0 0 , 0 0 0 A N N U A L\nCONTRIBUTIONS TO THE CITY AND ACCEPTANCE OF A $125,000\nDONATION\nRecommendation: Staff recommends the City Council 1) accept the donation of\n$125,000 for FY 202526; 2) authorize the City Manager to enter into a Memorandum\nof Understanding with the Huntington; and 3) approve the necessary budget\nadjustments. If the Council concurs with staff’s recommendation, an appropriate\nmotion would be:\n“I move to accept the donation of $125,000 from the Huntington Library, Art\nMuseum, and Botanical Gardens; authorize the Finance Department to record the\nreceipt of the donation in the Capital Projects Fund; amend the FY 202526 revenue\nbudget to recognize revenue of $125,000 in the Capital Projects Fund (Account\n#3940036010000); and authorize the City Manager to enter into a Memorandum\nof Understanding with the Huntington for a $500,000 donation each year for the next\nthree years.”\nCONSENT CALENDAR