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HomeMy WebLinkAbout2011-10 - Ronald Reagan Birth CentennialRESOLUTION NO. 2011 -10 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH RELATING TO ACCEPTING FUNDS FOR A RONALD REAGAN STATUE OR SIMILAR WORK IN HONOR OF REAGAN'S BIRTH CENTENNIAL WHEREAS, the City of Newport Beach, as a municipal government, is a political subdivision of the State of California. As such, the City qualifies as a charitable organization as defined by §170(c)(1) of the Internal Revenue Code (Tax ID #95- 6000751); and WHEREAS, the City of Newport Beach is not a 501(c)(3) non - profit corporation nor a 501(d) Religious Organization and therefore, is not required to have a tax exempt letter validating its status. Cities are rather categorically exempted as a political subdivision; and WHEREAS, the City is supportive of honoring the birth centennial of Ronald W. Reagan, the 40th President of the United States and the 33rd Governor of the State of California, on February 6, 2011; and WHEREAS, residents and business owners in the community have expressed an intent or interest to honor the birth centennial of President Reagan by placing a statue or similar work in a local City park following fundraising, design, and construction of the statue or similar work; and WHEREAS, the City views such a statue or similar work as being a public benefit worthy of using the City's Administrative Services Department and the City's tax - exempt status to accept and hold any funds or other private donations that would design and /or construct and place the statue or similar work; now, therefore be it RESOLVED by the City Council of the City of Newport Beach that it hereby authorizes the City's Administrative Services Department to accept, invest, and account for any funds or other private donations for a statue or similar work honoring Ronald Reagan; and be it also RESOLVED by the City Council of the City of Newport Beach that it hereby asserts that the design, construction, and placement of a statue or similar work in a public park in Newport Beach conveys a public benefit to the community by honoring the 40th President and the 33rd Governor of California. ADOPTED this 11th day of January, 2011 ..your STATE OF CALIFORNIA } COUNTY OF ORANGE } ss. CITY OF NEWPORT BEACH } I, Leilani I. Brown, City Clerk of the City of Newport Beach, California, do hereby certify that the whole number of members of the City Council is seven; that the foregoing resolution, being Resolution No. 2011.10 was duly and regularly introduced before and adopted by the City Council of said City at a regular meeting of said Council, duly and regularly held on the 115 day of January, 2011, and that the same was so passed and adopted by the following vote, to wit: Ayes: Hill, Rosansky, Gardner, Curry, Selich, Daigle, Mayor Henn Noes: None Absent: None Abstain: None IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the official seal of said City this 12ffi day of January, 2011. 0 � � Em - City Clerk Newport Beach, California (Sea»