City Council

4. Consideration and possible action to authorize proceeding with the necessary\nsteps to form a City nonprofit foundation. (Bañales) (30 mins)\nRecommendation: (1) Affirm that the City's nonprofit foundation is to be a\npublic benefit foundation; (2) Affirm that the City Council is to serve as the\nboard of directors for the foundation; (3) Authorize Staff and the City Attorney\nto prepare and file the necessary organizing documents to form the nonprofit\nfoundation; and (4) Select a name for the City's future nonprofit foundation.\nAgenda Report