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02-22-2000 CC Rpt A08COUNCIL AGENDA oTAFF REPORT CITY CLEi n USE ONLY Meeting Date: February 22, 2000 R E Jq Public Hearing: ❑ Discussion Item: ❑/ .00 FEB I 1 Consent Item: DATE: FEBRUARY 15, 2000N�N') i--lfLL; TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: CITY MANAGER SUBJECT: APPROVE AGREEMENT REGARDING THE USE OF A CONDITIONAL GIFT OF MONEY FROM MRS. HELEN McCOY TO THE CITY OF CHINO HILLS RECOMMENDATION: That the City Council approve the Agreement Regarding the Use of a Conditional Gift of Money from Mrs. Helen McCoy to the City of Chino Hills. BACKGROUND/ANALYSIS: Attached for your consideration is an Agreement between the City of Chino Hills and Mrs. Helen McCoy. This Agreement sets forth the conditions that will allow Mrs. McCoy to donate gifts to the City for the improvement and reconstruction of the barn at the McCoy Equestrian Center. This will also allow Mrs. McCoy to make future gifts to the City under this Agreement to be utilized for specific needs or projects she would identify. The Agreement does not preclude Mrs. McCoy from making donations or giving gifts outside of the parameters of this Agreement. Staff is recommending that the City Council approve this Agreement accepting Mrs. McCoy's generous gift. REVIEWED BY: This item has been reviewed by the City Attorney. FISCAL IMPACT: No fiscal impact. submitted, Attachment ,a Belle, City Manager Recommended by: Michael S. Fleager Community Servi es Director