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Lompoc City Council considering formation of a non-profit organization to fund City projects

Lompoc City Council considering formation of a non-profit organization to fund city projects
Posted at 4:06 PM, Aug 20, 2019
and last updated 2019-08-20 21:36:57-04

The Lompoc City Council is looking into the recommendation of forming a non-profit organization in order to fund future projects in the City of Lompoc during its city council meeting Tuesday night.

According to the city council agenda, staff plan to review the plan to potentially create a California non-profit organization to fund projects. During this review, the City Council would also go over related information that could impact the fiscal turnout.

In order to create the non-profit, staff would work with the city attorney to make sure its requirements meet state and federal law. It would cost $1,275 to form the organization, along with around 15 hours of in-house staff time.

If it was founded, it would be able to assist in creating non-governmental organization grants to provide funding for the planned projects. It would allow the City to repair several areas in need of renovation. City officials say approving the operation would be a helpful way to support civic projects outside of the current budget.

The City Council is expected to discuss the agenda item during Tuesday night’s meeting.