HomeMy WebLinkAboutAgenda Addendum 03/12/2020REGULAR PALM DESERT CITY COUNCIL MEETING
THURSDAY, MARCH 12, 2020
CIVIC CENTER COUNCIL CHAMBER
73510 FRED WARING DRIVE, PALM DESERT, CA 92260
XIV. NEW BUSINESS
C. REQUEST FOR AUTHORIZATION TO ESTABLISH AND PROVIDE SEED
FUNDING TO A PUBLIC BENEFIT CORPORATION FOR THE PURPOSES OF
FUTURE AND CURRENT STRATEGIC INITIATIVES, INCLUDING THAT OF
SECURING A FOUR-YEAR, STAND-ALONE CALIFORNIA STATE UNIVERSITY
CAMPUS IN PALM DESERT.
Rec: By Minute Motion, authorize:
1) Establishment and formation of a 501(c)(4) organization for the
implementation of City and regional future strategic initiatives,
including securing a four-year, stand-alone California State
University (CSU) Campus in Palm Desert.
2) Appointed Palm Desert City Councilmembers (Harnik, Jonathan) of
the University Planning Subcommittee to review and approve the
incorporation of the 501(c)(4), including bylaws.
3) Finance Director to appropriate $100,000 from the unobligated
Economic Development Reserve Fund to provide seed capital for
the 501(c)(4).
4) City Manager to execute documents of incorporation that will be
required to establish and form the 501(c)(4).
Action:
POSTED: Monday, March 9, 2020 — 2:45 p.m