Memorandum
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This memorandum outlines a recommendation for the City Council to adopt a resolution authorizing the City Manager to negotiate and execute a grant agreement with the San José Public Library Foundation. The agreement will provide funding for various library programs and initiatives for the fiscal year 2026-2027, totaling up to $1,100,000. The Foundation will act as the fiscal agent for these programs and is expected to leverage additional funding to support library services.
Key points
- Recommendation to authorize the City Manager to negotiate and execute a grant agreement with the San José Public Library Foundation.
- Total funding amount not to exceed $1,100,000 for various library programs.
- Foundation will serve as the fiscal agent for San José Learns and other programs.
- Annual agreement allows the Foundation to leverage City support for additional funding.
- No follow-up action with the City Council is expected at this time.
Limitations
- The text includes placeholders for dates and other information that are not filled in.
- Specific dollar amounts for various programs are mentioned but not detailed in the summary.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.