RESOLUTION NO. 2023-70
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GONZALES
AUTHORIZING THE CITY MANAGER TO WITHDRAW THE FUNDING DONATED
FOR THE DENNIS AND JANICE CAPRARA COMMUNITY CENTER COMPLEX
FROM THE COMMUNITY FOUNDATION ACCOUNT
WHEREAS, as the City of Gonzales embarked on its Capital Campaign for the Community Center Complex, it was important to provide potential donors with the assurance that all monies donated for the Complex would be held in one pot and would only be used for the development of the Community Cetner Complex; and
WHEREAS, to do that, we needed to find a reputable partner that understood our needs and supported the vision for the Community Center Complex; and WHEREAS, the Community Foundation for Monterey County was gracious enough to work with us and establish a fund in which such donations could be made to and held for the purposed Community Center Complex; and
WHEREAS, today, we are well on our way to making the Community Center Complex a reality, and we plan to break ground on the project in April of 2024; and WHEREAS, we now need the funding to be in our coffers so that we can access it as we go into construction, as having it in our City budget is a requirement of our USDA Loan.
NOW, THEREFORE, BE IT HEREBY RESOLVED, that the City Council of the City of Gonzales hereby authorizes the City Manager to withdraw the current amount of $5.292 million and deposit it into the City’s Community Center Fund Balance.
PASSED AND ADOPTED by the City Council of the City of Gonzales at a regular meeting duly held on the 20hday of November 2023, by the following vote:
AYES: COUNCIL MEMBERS:
NOES: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
ABSTAIN: COUNCIL MEMBERS:
Jose L. Rios, The Honorable Mayor
ATTEST:
Mary Villegas, Deputy City Clerk