File #: 16-662   
Type: Consent Calendar Status: Agenda Ready
Meeting Body: City Council
On agenda: 9/13/2016
Title: Accept and Appropriate a Donation from the Minor Trust for the Mountain View Library.
Attachments: 1. Council Report, 2. ATT 1 - Council Policy K-6

Title

Accept and Appropriate a Donation from the Minor Trust for the Mountain View Library.

Recommended Action

Accept a donation in the amount of $400,000 from the Minor Trust, to be invested on behalf of the Mountain View Public Library.  As directed by the Minor Trust, 75 percent of the investment earnings will be made available each year at the discretion of the Library Services Director to support Library materials and programs.