11-16-2021 CC RPT 30 - Laserfiche WebLink

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I n CITY OF RIIVEIZSIDE City Council Memorandum City,JArts Unnovation TO: HONORABLE MAYOR AND CITY COUNCIL DATE: NOVEMBER 16, 2021 FROM: LIBRARY DEPARTMENT WARDS: ALL SUBJECT: RIVERSIDE PUBLIC LIBRARY FOUNDATION LITERACY LEGACY NAMING CAMPAIGN OF MAIN LIBRARY AND FACILITY ROOMS ISSUE: Receive and file information on the Riverside Public Library Foundation Literacy Legacy Naming Campaign for the Main Library and facility rooms. RECOMMENDATION: That the City Council receive and file information on the Riverside Public Library Foundation Literacy Legacy Naming Campaign for the Main Library and facility rooms. BACKGROUND: On July 8, 2020 the Finance Performance and Budget Committee received a report on the updated policy and procedures for naming of City assets; and recommend the City Council approve the Naming of City Assets Policy. On June 26, 2021, the Riverside Main Library held its grand opening ceremony which was well attended by the community. Based on information gathered, 1,882 customers came into the Library, 834 books were checked out, and 459 new library cards were issued. Riverside Public Library Staff proceeded to develop the Literary Legacy sponsorship campaign in partnership with the Riverside Public Library Foundation (RPLF) to assist with program and equipment funding needs. The goal would be to raise over $10 million in monetary donations. Contributions will be deposited into a RPLF restricted endowment fund for ongoing technology, materials, online resources, and special project needs for all Riverside Public Library locations. All proceeds will be collected and monitored by the RPLF. The RPLF raises funds to ensure the excellence of library services for Riverside Residents. RPLF's directors and officers are all volunteers. The Foundation relies on donations and fund-raising events for support. RPLF is a 501(c)(3) tax-exempt status. All donations of money, land, and securities received by the RPLF are tax-deductible.