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2016-067 - Accept donation from Barbara Spector for infrastructure purposesRESOLUTION 2016 -067 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS ACCEPTING A DONATION FROM BARBARA SPECTOR FOR INFRASTRUCTURE PURPOSES WHEREAS, on October 16, 2015, the Town Council adopted the Solicitation and Donation Policy; and WHEREAS, the Policy allows the Town Manager to accept donations under $25,000 that are on an approved Town Council donation opportunities list and approved through the Town's annual Operating and Capital Budget process; and WHEREAS, Barbara Spector wishes to donate approximately $10,000 of excess campaign funds for infrastructure purposes as identified in the Council approved donation opportunities list with specific intent for footbridge lighting and /or artwork; and WHEREAS, Cal. Gov't Code §§ 89510 et seq. allows for the donation of excess campaign funds for legislative or governmental purposes and per the Town's Policy, individuals may donate to the Town; and WHEREAS, the Town Council has determined that the proposed donation complies with the Town's Policy and approves the proposed donation; and WHEREAS, the cash donation will be deposited into a separate footbridge donation revenue account. NOW THEREFORE, BE IT RESOLVED by the Town Council of the Town of Los Gatos that a cash donation in the amount of approximately $10,000 from Barbara Spector for footbridge lighting and /or artwork is hereby accepted. 1 OF 2 Resolution 2016 -067 December 20, 2016 PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos held on the 201h day of December, 2016 by the following vote: COUNCIL MEMBERS AYES: Marcia Jensen, Steve Leonardis, Rob Rennie, Mayor Marico Sayoc NAYS: None. ABSENT: None. RECUSED: Barbara Spector SIGNED: MAYOR OF THE TOWN'OF LOS GATOS LOS GATOS, CALIFORNIA DATE: -1-1`3—f7 ATTEST: CLERK ADMINISTRATOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA DATE: _ 1 .7 20F2 Resolution 2016 -067 December 20, 2016