Title
Report regarding a resolution authorizing acceptance of $232,387.53 in fundraising via the South San Francisco Public Library Foundation, appropriating these new funds as well as funding in the amount of $9,361,310 previously accepted by City Council and amending the fiscal year 2022-23 budget in the amount of $9,593,697.53 via Budget Amendment 23.017 to support the capital improvement project for the new Library, Parks and Recreation Center. (Valerie Sommer, Library Director)
label
RECOMMENDATION
Recommendation
It is recommended that the City Council adopt a resolution authorizing the acceptance of $232,387.53 in donations via the South San Francisco Public Library Foundation, appropriating these new funds as well as funding in the amount of $9,361,310 previously accepted by City Council and amending the fiscal year 2022-23 budget in the amount of $9,593,697.53 via Budget Amendment 23.017 to support the capital improvement project for the new Library, Parks and Recreation Center.
Body
BACKGROUND/DISCUSSION
A funding gap exists for the Community Civic Campus project which is being addressed through a capital fundraising campaign. Through this campaign, the City is partnering with residents, businesses, non-profit organizations and the California State Library to ensure full funding is available for the project. Previous donations accepted by City Council to support the project total $9,361,310 and include $3,000,000 from Genentech, A Member of the Roche Group, $500,000 from Amgen, Inc., $75,000 from Sunrise Giving Foundation, $4,492,310 from the California State Library, $1,000,000 from South San Francisco Friends of the Library, and $294,000 from local residents, businesses and organizations. The current request for funding approval in the amount of $232,387.53 includes $150,000 from Rotary Club of South San Francisco, as well as $82,387.53 from local residents, businesses and organizations.
Fundraising success is thanks to over three years of ...
Click here for full text