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HomeMy WebLinkAbout2012-04-10; City Council; Resolution 2012-082Exhibit 1 1 RESOLUTION NO. 2012-082 22 23 24 25 26 27 28 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING AN ^ AGREEMENT WITH THE BOYS AND GIRLS CLUB AND 4 DISBURSING MATCHING GRANT FUNDS 5 WHEREAS, City Council approved $200,000 in matching grant funding in June of 6 2011, as part ofthe Fiscal Year 2011-12 budget process; 7 WHEREAS, the City Council required the Boys and Giris Club to raise four times ^ the amount of the grant; and 10 WHEREAS, the Boys and Giris Club is obligated to submit documentation to the 11 Finance Department verifying that they have raised the $800,000, or increments 12 thereof, required to receive the matching funding. 1^ NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carisbad, California, as follows: 1. That the above recitations are true and correct. 2. That the Mayor is authorized to enter into an agreement with the Boys and Girls Club. 14 15 16 17 18 19 3. That the Finance Director is authorized to disburse quarterly payments, up 20 to a maximum of $200,000, in matching grant funding to the Boys and Giris Club upon 21 verification of matching funds. // // // // AYES: Council Members Hall, Kulchin, Blackburn, Douglas and Packard. NOES: None. ABSENT: None. 1 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council 2 of the City of Carisbad on the 10^^ day of April, 2012, by the following vote to wit: 3 4 5 6 7 8 9 10 11 12 13 14 _ 15 /V ^iA^(^ Wl ^^ LORRAIN^. WOOD, City Clerk 16 17 18 19 20 21 22 23 24 25 26 27 28