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2025/06/10 City of Rohnert Park Foundation Resolution 2025-001 RESOLUTION NO. 2025-001 A RESOLUTION OF THE CITY OF ROHNERT PARK FOUNDATION APPROVING AND ADOPTING THE OPERATING BUDGET FOR THE CITY OF ROHNERT PARK FOUNDATION FOR FISCAL YEAR 2025-26 WHEREAS; the Executive Director has heretofore prepared and submitted to the City of Rohnert Park Foundation Board a proposed budget for the City of Rohnert Park Foundation for the Fiscal Year 2025-26; and, WHEREAS, on April 16, 2025, at its scheduled Foundation Board Meeting, the Foundation Board of Directors discussed the operating budget submitted by the Executive Director; and, WHEREAS, on June 10, 2025, at a regular meeting of the Foundation Board,the City of Rohnert Park Foundation Board of Directors considered the budget submitted by the Executive Director. NOW,THEREFORE,BE IT RESOLVED by the Board of Directors of the City of Rohnert Park Foundation that it does hereby determine, authorize, and approve the following: Section 1. The above recitals are true and correct and material to this Resolution. Section 2. A. Changes directed by the Board during the review of the budget. Section 2. B. Allow spending to exceed an individual line item up to the amount of the overall budget; Section 3. The City of Rohnert Park Foundation Proposed Budget for Fiscal Year 2025- 26, as outlined in the Budget for FY 2025-26 is hereby approved, and adopted as the budget for the City of Rohnert Park Foundation for Fiscal Year 2025-26. BE IT FURTHER RESOLVED that the Executive Director is hereby authorized and directed to execute documents pertaining to same for and on behalf of the City of Rohnert Park Foundation. BE IT FURTHER RESOLVED that the Foundation Treasurer is hereby authorized and directed to make any administrative changes to the budget to carry forward any planned expenditures from FY 2024-25 that have been delayed or not have not been reflected in the Foundation Budget. DULY AND REGULARLY ADOPTED this 10t . •f June, 2025. CITY OF ' OH ',T PARK FOUNDATION %.1,-4,0141 ATTEST: G-r. d Giudi h.' -- J Sy via-Lopez revas, oar Secretary AP ROIVED S TO FORM: Mich lle . K y , egal Counsel Attachments: Exhibit A ADAMS: ', ELWARD: RODRIGUEZ: 1 SANDBORN: �� A GUIDICE: - . - ►— AYES: ( OES: ( ABS.i T: (-r c) ABSTAIN: 1 Resolution 2025-001 Page 2 of 2 For attachments to Resolution 2025-001 please see Laserfiche.