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Guadalupe council forms initial capital campaign committee and asks local nonprofit to serve as fiscal sponsor
Summary
Council approved creating a capital campaign committee to support fundraising for the Royal Theater, accepted 13 initial applicants as a starting core, and asked the Guadalupe Community Action Coalition to act as a fiscal sponsor pending an MOU; the council left membership open for further volunteers.
The Guadalupe City Council on Feb. 11 authorized formation of a capital campaign committee to support fundraising and planning for the Royal Theater restoration, naming the pool of applicants as an initial core group and asking the Guadalupe Community Action Coalition (GCAC) to serve as fiscal sponsor while an MOU is developed.
Tom Burnley, staff liaison, told the council that 11 community members had submitted applications during the initial outreach and that an additional two applicants were identified after the cutoff, bringing the initial pool to 13. Burnley described the role of a fiscal sponsor: donations would be received by the nonprofit…
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