lakeshore community foundation partnership
Create funds with a foundation to support flower care and community band
Watch for a work session with foundation representatives and any council vote to approve an agreement or transfer money.
Typically discussed at City Council. Check back when the next agenda is published.
On Jan. 19, council heard a proposal to raise donations for perpetual care flowers and the community band, then move that money into Lakeshore Community Foundation investment accounts. Council asked to bring foundation representatives to a future work session, so the details still look like they’re being shaped.
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Staff presented a plan to create dedicated investment accounts at the Lakeshore Community Foundation to support perpetual care flowers and the community band.
City Council -
Staff said the goal is to reduce general fund property-tax support for these programs by raising donations and transferring the raised funds to the foundation for professional investment and long-term support.
City Council -
The item was presented for information and discussion; no formal council action was requested.
City Council -
Council asked staff to bring Lakeshore Community Foundation representatives to a future work session.
City Council