Loading...
HomeMy WebLinkAboutMINUTES - 05071996 - C88 HOUSING A UTHORITY OF THE COUNTY OF CONTRA COSTA C TO: BOARD OF COMMISSIONERS FROM: Richard J. Martinez,Executive Director DATE: May 7, 1996 SUBJECT: KENNEDY-KING MEMORIAL SCHOLARSHIP FUND SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION I. RECOMMENDED ACTION: APPROVE set aside of$5,000 for a Kennedy-King Memorial Scholarship from Housing Authority Local Management Fund,to be donated in memory of Perfecto Villarreal. During Perfecto's tenure as Executive Director he was a member of the Kennedy-King Board of Directors and a strong advocate of scholarship programs for disadvantaged youth. I IL FINANCIAL IMPACT: No impact on General Fund since it will be funded from Housing Authority Local Management Fund. III. REASONS FOR RECOMMENDATION/BACKGROUND The Kennedy-King Scholarship Fund assists needy and disadvantaged minority students toward graduation from a college or university. Kennedy-King raises money to provide two-year, $5,000 scholarships, as well as one-year, $3,000 graduate scholarships. The requirements for the two-year scholarships are: documented financial need and graduation with a high GPA from a Contra Costa community college, and acceptance at a four-year institution. The graduate scholarships are awarded to previous recipients. The scholarship money is sent directly to the college or university each quarter or semester. Since 1968, Kennedy-King awarded 256 scholarships totaling$694,500. The Fund is an all-volunteer effort;there is no paid staff. IV. CONSEQUENCES OF NEGATIVE ACTION: Should the Board of Commissioners elect to not approve the set aside of$5,000 to donate to the Kennedy-King Memorial Scholarship Fund in memory of Perfecto Villarreal,the Housing Authority would be forced to abandon this worthwhile endeavor. CONTINUED ON ATTACHMENT: YES SIGNATURE RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON May 7, 1996 APPROVED AS RECOMMENDED X OTHER VOTE OF COMMISSIONERS I HEREBY CERTIFY THAT THIS IS A X UNANIMOUS (ABSENT #4 ) TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ON THE ABSENT: ABSTAIN: MINUTES OF THE BOARD OF COMMISSIONERS ON THE DATE SHOWN. ATTESTED May 7, 1996 PHIL BATCHELOR,CLERK OF THE BOARD OF COMMISSIONERS AND COUh TY ADM.INNIISTRATOR BY L/,DEPUTY