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15 - Acceptance of a donation fromt the RAM & Cecil Foundations to be used with the HOME Programs (2)
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15 - Acceptance of a donation fromt the RAM & Cecil Foundations to be used with the HOME Programs (2)
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12/9/2021 3:55:30 PM
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the sum of $200,000.00 to the City for use in the programs, $100,000.00 of which will be set aside <br />for the HANC program should the state ever implement it. <br />STATUS OF ISSUE: The parties have agreed to the terms of the attached draft memoranda of <br />understanding regarding the above-mentioned donations. This item is on the consent agenda <br />because the RAM Foundation desires that its involvement remain unpublicized. The City will work <br />with the Cecil Foundation to craft an appropriate press release regarding its donation. <br />BUDGET: No impact. <br />RECOMMENDATION: Move to approve a resolution accepting donations from the RAM <br />Foundation and Cecil Foundation for use in the Home programs and authorizing the City Manager <br />to execute memoranda of understanding regarding same. <br />
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