Consideration of Culver City Cultural Affairs Foundation (501C3). City of Culver City California City Council Agenda Item Report Meeting Date: June 26 2006 AGENDA ITEM: Consideration of Culver City Cultural Affairs Foundation (501C3) Item Number: A 3 Contact Person/Dept.: Susan Evans Phone Number: 310 253 5702 Fiscal Impact: Yes Public Hearing: Public Notification: Master Notification List (06/2206) X No General Fund: Yes No X Attachments: X Action Item: X Department Approval: Susan Evans (06/14/2006) City Controller Approval: Marlee Chang (06/21/2006) RECOMMENDATION: CAO Approval: Jerry B. Fulwood (06/21/2006) Staff recommends the City Council approve the development and implementation of a 501(c)(3) entity (Foundation) to support the cultural affairs work program within the City of Culver City. BACKGROUND: On February 27 2006 this item was brought to the City Council for consideration. During the meeting this item was continued so that staff could further address the following two items: 1) Who can serve as the CEO of the Foundation?; and 2) How can funds to the Foundation be limited from individuals doing business with the City in order to avoid any conflict of interest? In addition to these two areas Staff has also reviewed the status of the proposed Foundation as a component accounting unit of the City of Culver City and the need for the City and/or the Redevelopment Agency to provide start up funds for the Foundation. Both additional items are also being discussed in this staff report. DISCUSSION: Designation of the Chief Executive Officer of the 501(c)(3) In order to provide for an efficient operation of the Foundation the Foundation s By Laws provide for the designation of a Chief Executive Officer (CEO). During the initial consideration of this item by the City Council there was significant discussion over the role of the CEO and whether or not the Community Development Director could serve in that capacity. City of Culver City California City Council Agend...
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