HomeMy WebLinkAboutRes 09-38 Approving the Public Art Society to Apply for 501(C)3 StatusRESOLUTION NO. 09-38
APPROVING THE REQUEST OF THE WESTLAKE PUBLIC ART SOCIETY
TO PROCEED WITH THE PROCESS OF APPLYING FOR 501(C)3 STATUS
WITH THE INTERNAL REVENUE SERVICE.
WHEREAS, the Westlake Public Art Society, a Council appointed advisory
Board, has requested authorization to proceed with the process of applying for 501(c)3
status with the Internal Revenue Service: and
WHEREAS, in accordance with the Town Council approved Advisory Board
policy, the Westlake Public Art Society appeared before the Council to request
authorizMtion to proceed with the process; and
WHEREAS, in accordance with the Town Council approved Advisory Board
policy, the Westlake Public Art Society has demonstrated and illustrated to the Town
Council the following:
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- the benefits of this status for achieving Town Council strategic priorities as
well as the advantages of this designation not currently afforded by the
Town's existing tax-exempt status.
- the organizational regulations
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capacity to administer and comply with all IRS
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related to this status on an on-going basis, and
WHEREAS, the Town Council will retain the authority to appoint members to
the Society as the Council established the Society. and
WHEREAS, upon receiving 501(c)3 status, the Westlake Public Art Society will
need to contract with the Town to facilitate To funding allocations, and.
WHEREAS, the Society will be responsible for meeting the IRS regulations,
audit cost and the 990 preparation and filing with the Internal Revenue Service; and
WHEREAS, the meeting at which this Resolution was considered was open to
the public as required by law, and public notice of the time, place, and subject of the
meeting has been given. in accordance with Chapter 55 1, Government Code;
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THM
TOWN OF WESTLAKE, TEXAS: I
SECTION 1: That the Town Council of the Town of Westlake does hereby
authorize the Westlake Public Arts society to proceed with the process of applying for
501(c)3 status with the Internal Revenue Service.
SECTION 2: That this Resolution shall become effective upon the date of its
passage.
ATTEST:
APPR A TO- PORM:
1�-§tanton L/,o o�y.n Attorney
Lalir�a wheat, Mayor