City Council

6. Consideration and possible action to execute Articles of Incorporation, By-Laws, and Conflict of Interest Policy for the City’s future nonprofit RPV Community Foundation. (Wynder) (30 mins) Recommendation: Approve and execute the Articles of Incorporation, By-Laws, and Conflict of Interest Policy for the City’s future nonprofit RPV Community Foundation by taking the following actions (in a single motion): a. Approve the attached RPV Community Foundation Articles of Incorporation and authorize the Mayor and Mayor Pro Tem to execute the same as incorporators; b. Approve the attached By-Laws of the RPV Community Foundation; c. Adopt the attached Conflict of Interest Policy of the RPV Community Foundation; d. Direct Staff and the City Attorney to file the Articles of Incorporation and By-Laws with the California Secretary of State (Form ARTS-PB-501(c)(3)); e. Direct Staff and the City Attorney to file the Conflict of Interest Policy with the California Fair Political Practices Commission; f. Direct Staff and the City Attorney to apply to the Internal Revenue Service (Form IRS 1023) for recognition as a Federal 501(c)(3) tax-exempt foundation; g. Direct Staff and the City Attorney to apply to the California Franchise Tax Board (California Exempt Organization Annual Information Return Form 199 or 199N & 3500A) as a tax-exempt foundation; h. Direct Staff and the City Attorney to register the RPV Community Foundation with the California Attorney General (Form CT-1; Government Code §§ 12580 et seq.); and, i. Direct Staff to prepare and submit to the California Secretary of State an Initial Report within 90 days of incorporation (Form SI-100) of the RPV Community Foundation. Agenda Report