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Resolution No. 6717RESOLUTION NO. 6717 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, EX OFFICIO BOARD OF DIRECTORS OF THE CYPRESS RECREATION AND PARK DISTRICT, CONCERNING THE FORMATION OF A NON-PROFIT FOUNDATION TO SUPPORT THE RECREATION AND PARKS DISTRICT AND THE CITY OF CYPRESS WHEREAS, the City Council's Strategic Plan includes an objective to create a not for profit foundation to support the Recreation and Community Services District's facilities, programs, and services; and WHEREAS, the need for a foundation was identified during the Senior Center's 25th anniversary capital campaign when donors repeatedly expressed a preference for donating to a 501(c)(3) organization, even though the IRS considers contributions made to the city/district for a public purpose as tax deductible; and WHEREAS, the foundation will aid Recreation and Community Services' pursuit of grants and other innovative funding; and WHEREAS, the foundation will partner with community supporting organizations in the pursuit of that funding. NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF CYPRESS, CALIFORNIA, DOES HEREBY ESTABLISH THE FOLLOWING: 1. Adopt a Resolution authorizing the City Manager to establish a nonprofit foundation to support the Recreation and Parks District; and 2. Approve the Bylaws of the Cypress Recreation and Community Services Foundation, a nonprofit public benefit corporation. ... - PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 26th day of November, 2018. ATTEST: 4 CITY CLERK OF THE CITY OF CYPRESS STATE OF CALIFORNIA } COUNTY OF ORANGE } SS 201 ROFT ECITYOFCYPRESS I, DENISE BASHAM, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 26th day of November, 2018, by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Johnson, Morales, Yarc, Berry and Peat NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None CITY CLERK OF THE CITY OF CYPRESS