TO: Board of Supervisors
FROM: Supervisor Brown
MEETING DATE: June 10, 2020
DEPARTMENT CONTACT:
Supervisor Brown
PHONE:
463-4221
ITEM TYPE: Consent Agenda
TIME ALLOCATED FOR ITEM: N/A
AGENDA TITLE:
title
Adoption of Resolution Authorizing the Transfer of Funds in the Amount of $22,232.92 from the William J. and Melvina K. Toney Revocable Trust to the Mendocino County Historical Society to Cover Capital Expenses Related to the Museum
(Sponsor: Supervisor Brown)
End
RECOMMENDED ACTION/MOTION:
recommendation
Adopt Resolution authorizing the transfer of funds in the amount of $22,232.92 from the William J. and Melvina K. Toney Revocable Trust to the Mendocino County Historical Society to cover capital expenses related to the museum; 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 July 13, 2018, the Mendocino Historical Society submitted a request for transfer of Capital Expenses in the amount of $45,850.56. On May 7, 2019, the Board of Supervisors adopted a resolution authorizing the transfer of funds in the amount of $47,624.31 from 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.
SUMMARY OF REQUEST:
On March 6, 2020, the Mendocino Historical Society submitted a request for transfer of Capital Expenses in the amount of $22,232.92.
ALTERNATIVE ACTION/MOTION:
Do not adopt Resolution; return to staff.
SUPPLEMENTAL INFORMATION AVAILABLE ONLINE AT: N/A
FISCAL IMPACT:
SOURCE OF FUNDING: Toney Trust
BUDGETED IN CURRENT F/Y: N/A
CURRENT F/Y COST: $22,232.92
ANNUAL RECURRING COST: N/A
SUPERVISORIAL DISTRICT: ALL
VOTE REQUIREMENT: MAJORITY
AGREEMENT/RESOLUTION/ORDINANCE APPROVED BY COUNTY COUNSEL: Yes
CEO LIAISON: Janelle Rau, Deputy ...
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