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HomeMy WebLinkAbout2018-12-11; City Council; ; Acceptance of a $861,163 donation from the Rosemary Falkenstein Estate and any subsequent donation upon final distribution~ CITY COUNCIL ~ Staff Report Meeting Date: To: From: Staff Contact: Dec. 11,2018 Mayor and City Council Scott Chadwick, City Manager Heather Pizzuto, Library Director heather.pizzuto@carlsbadca.gov or 760-602-2056 CA Review ~ Subject: Acceptance of a $861,163 donation from the Rosemary Falkenstein Estate and any subsequent donation upon final distribution. Recommended Action Adopt a Resolution accepting an $861,163 donation from the Rosemary Falkenstein Estate and any subsequent donation upon final distribution. Executive Summary Rosemary Falkenstein bequeathed a portion of her estate to the Carlsbad City Library, for the purpose of purchasing history books. Per CMC 2.08.100 donations over $5,000 must be approved by the City Council. Discussion In early 2017, the Carlsbad City Library received correspondence from the attorney for the estate of Rosemary Falkenstein, which stated that ten percent of the estate had been left to the library, for the purpose of purchasing history books. The estate has been finalized and the Carlsbad City Library has received a distribution of $861,163. Following final payments of taxes and attorney fees, the library could receive a subsequent final distribution if any funds remain. Rosemary Falkenstein and her husband, Dr. Herbert Falkenstein retired to Carlsbad in 1975. Dr. Falkenstein, a scholar, college professor and diplomat, served on the city library's Board of Trustees from 1977-1988. As president of the Library Board in 1979-80, Falkenstein set goals to increase the library service to the southern section of the city, ultimately resulting in the construction of the Dove Library, which opened in 1999. Dr. Falkenstein built a significant reputation as the creative force behind a series of popular, free and timely library lectures and seminars, assisted by his wife Rosemary. He also founded a lively discussion group of local, national and international issues called the North County Forum which met at the Carlsbad City Library. Dr. Falkenstein was 88 when he passed away in 1998. In addition to working for the State Department and a successful career in banking and finance, Rosemary was known to be an avid reader of financial news and information. Rosemary's death in 2017 was just months prior to her 100th birthday. December 11, 2018 Item #7 Page 1 of 3 Fiscal Analysis The Falkenstein donation and any subsequent donation will be deposited in a library special revenue account, with a designation for expenditures in support of history resources. Next Steps Library staff will request appropriation of the funds through the regular budget process or as part of a capital project as appropriate, both subject to council approval, in accordance with Rosemary Falkenstein's wish to preserve and support historical resources. Environmental Evaluation (CEQA) Pursuant to Public Resources Code Section 21065, this action does not constitute a "project" within the meaning of CEQA in that it has no potential to cause either a direct physical change in the environment, or a reasonably foreseeable indirect physical change in the environment, and therefore does not require environmental review. Public Notification This item was noticed in accordance with the Ralph M. Brown Act and was available for public viewing and review at least 72 hours prior to scheduled meeting date. Exhibits 1. City Council Resolution December 11, 2018 Item #7 Page 2 of 3 RESOLUTION NO. 2018-209 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, ACCEPTING AN $861,163 DONATION FROM THE ROSEMARY FALKENSTEIN ESTATE AND ANY SUBSEQUENT DONATION UPON FINAL DISTRIBUTION. EXHIBIT 1 WHEREAS, Rosemary Falkenstein bequeathed a portion of her estate to the Carlsbad City Library for the purpose of purchasing history books; and WHEREAS, the Falkenstein donation of $861,163 and any subsequent donation will be deposited in a library special revenue account; and WHEREAS, library staff will request appropriation of the funds through the regular budget process or as part of a capital project as appropriate, in accordance with Rosemary Falkenstein's wish to preserve and support historical resources. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. 2. That the City Council accepts a gift of $861,163 and any subsequent donation from the Rosemary Falkenstein Estate, which will be directed to a library special revenue fund for the purpose of preserving and supporting historical resources. PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the 11th day of December, 2018, by the following vote, to wit: AYES: NOES: ABSENT: M. Hall, K. Blackburn, M. Schumacher, C. Schumacher, M. Packard. None. None. BARBARA ENGLESON, City Clerk {SEAL) December 11, 2018 Item #7 Page 3 of 3