City Council

4. Consideration and possible action to authorize proceeding with the necessary steps to form a City nonprofit foundation. (Bañales) (30 mins) Recommendation: (1) Affirm that the City's nonprofit foundation is to be a public benefit foundation; (2) Affirm that the City Council is to serve as the board of directors for the foundation; (3) Authorize Staff and the City Attorney to prepare and file the necessary organizing documents to form the nonprofit foundation; and (4) Select a name for the City's future nonprofit foundation. Agenda Report