To: Board of Supervisors
From: Board of Supervisors
Meeting Date: December 6, 2022
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Department Contact: |
Supervisor Glenn McGourty |
Phone: |
707-463-4441 |
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Item Type: Consent Agenda |
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Time Allocated for Item: N/A |
Agenda Title:
title
Adoption of Resolution Authorizing the Transfer of Funds in the Amount of $61,920.32 from the William J. and Melvina K. Toney Revocable Trust to the Historical Society of Mendocino County to Cover Capital Expenses Related to the Society’s Property
(Sponsor: Supervisor McGourty)
End
Recommended Action/Motion:
recommendation
Adopt Resolution authorizing the transfer of funds in the amount of $61,920.32 from the William J. and Melvina K. Toney Revocable Trust to the Historical Society of Mendocino County to cover capital expenses related to the Society’s property; and authorize chair to sign same.
End
Previous Board/Board Committee Actions:
March 18, 2015 the Board of Supervisors adopted Resolution 15-132 providing the terms for disbursement of Toney Endowment Principal. On October 18, 2016 the Board of Supervisors adopted a Resolution authorizing the transfer of funds in the amount of $200,000 to retire debt incurred for the capital project and construction of an archival building. On November 6, 2018 the Board of Supervisors adopted a Resolution authorizing the transfer of funds in the amount of $45,85056 to cover capital expenses related to the Museum. On May 7, 2019 the Board of Supervisors adopted a Resolution authorizing the transfer of funds in the amount of $47,621.31 to cover capital expenses related to the Museum. On October 1, 2019 the Board of Supervisors adopted a Resolution authorizing the transfer of funds in the amount of $15,076.76 to cover capital expenses related to the Museum. On June 10, 2020 the Board of Supervisors adopted a Resolution authorizing the transfer of funds in the amount of $22,232.92 to cover capital expenses related to the Museum. On November 17, 2020 the Board of Supervisors adopted a Resolution authorizing the transfer of funds in the amount of $48,106.76 to cover capital expenses related to the Museum. On May 25, 2021 the Board of Supervisors adopted a Resolution authorizing the transfer of funds in the amount of $25,037.10 to cover capital expenses related to the Museum. On May 17, 2022 the Board of Supervisors adopted a Resolution authorizing the transfer of funds in the amount of $45,443.88 to cover capital expenses related to the Society’s property.
Summary of Request:
Adopt Resolution authorizing the transfer of funds in the amount of $61,920.32 from the William J. and Melvina K. Toney Revocable Trust to the Historical Society of Mendocino County to cover capital expenses related to the Society’s property.
Alternative Action/Motion:
Provide alternate direction.
Does This Item Support the General Plan? N/A
Strategic Plan Priority Designation: A Thriving Economy
Supervisorial District: All
vote requirement: Majority
Supplemental Information Available Online At: N/A
Fiscal Details:
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source of funding: Toney Trust - remaining after this disbursement $89,962.85 |
budgeted in current f/y: Yes |
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current f/y cost: $61,920.32 |
if no, please describe: |
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annual recurring cost: N/A |
revenue agreement: N/A |
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budget clarification: N/A |
Agreement/Resolution/Ordinance Approved by County Counsel: Yes
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CEO Liaison: Executive Office |
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CEO Review: Yes |
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CEO Comments:
FOR COB USE ONLY
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Executed By: Atlas Pearson, Senior Deputy Clerk |
Final Status:Adopted |
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Date: December 6, 2022 |
Executed Item Type: Resolution Number: 22-227 |
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