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HomeMy WebLinkAboutApprove and accept donation in the amount of $66,402 from thDept ID LS15-004 Page 1 of 1 Meeting Date 6/15/2015 CITY OF HUNTINGTON BEACH REQUEST FOR CITY COUNCIL ACTION MEETING DATE' 6/15/2015 SUBMITTED TO: Honorable Mayor and City Council Members SUBMITTED BY Fred A Wilson, City Manager PREPARED BY- Stephanie Beverage, Director of Library Services SUBJECT Approve and accept donation in the amount of $66,402 from the Friends of the Huntington Beach Public Library (FOTL) and allocate the funds for enhancing the library donations account and aauarium maintenance Statement of Issue The Friends of the Huntington Beach Public Library are donating $66,402 to the Library to support the collection and provide some additional support for the maintenance of the library aquarium Financial Impact The Friends of the Huntington Beach Public Library have consistently supported the Library with donations The Friends have already donated more than $100,000 this Fiscal Year so this new donation requires Council approval for acceptance and allocation The current donation by the Friends of the Library brings their total donations for the year to $236,402 Recommended Action Approve and accept the donation from the Friends of the Huntington Beach Public Library and allocate $60,000 for the library collection to the Library donations account, business unit 10350102 64455, and $6,402 toward maintenance of the Library Aquarium, Aquarium donations account, business unit 10350101 64570 Alternative Action(s) Do not approve and accept the donation Analysis Friends of the Huntington Beach Public Library (FOTL) are volunteers who support the Huntington Beach Public Library through volunteer work, membership donations, fund-raising activities and by encouraging gifts, endowments, and bequests to the Library Each year, FOTL gives thousands of volunteer hours in support of the Library In addition, the FOTL Used Book and Gift Shop sale profits have made possible a donation of over $1 9 million dollars in the past ten years The generous donation proposed to be accepted through this action will help the Library improve the Library's book collection and will also provide some additional maintenance support for the Library Aquarium Environmental Status N/A Strategic Plan Goal Improve quality of life Attachment(s) None Item 4. - 1 HB -46-