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HomeMy WebLinkAboutR-2026-019 accept $1million donation_Capitol Theatre projectRESOLUTION NO. 2026-019 A RESOLUTION authorizing the City of Yakima to accept a private donation in the sum of One Million Dollars ($100,000,000) for Capitol Theatre. WHEREAS, the City of Yakima (City) owns the Capitol Theatre located at 19 S 3rd St, Yakima, WA; and WHEREAS, the Capitol Theatre is managed by the Capitol Theatre Committee (CTC); and WHEREAS, the CTC was authorized by City Council on January 20th, 2026 to fund se for capital improvements to the Capitol Theatre; and WHEREAS, a private donation of One Million Dollars ($1,000,000) from CTC will be used by the City to assist in the Capitol Theatre Capital Improvement Projects; and WHEREAS, the City Council of the City of Yakima finds that it is in the best interests of its residents to accept the donation, now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: The City Manager is hereby authorized to accept the private donation of One Million Dollars ($1,000,000) for use to assist in funding the Capitol Theatre Capital Improvements, ADOPTED BY THE CITY COUNCIL this 3' day of February, 2026. Matt Brown, Mayor ATTEST: salinda Ibarra, C C, City Clerk BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 7.H. For Meeting of: February 3, 2026 ITEM TITLE: Resolution authorizing acceptance of a private donation of $1,000,000 for the Capitol Theatre (Capitol Theatre Fund) SUBMITTED BY: Bill Preston, Community Development Director Charlie Robin, Capitol Theatre CEO SUMMARY EXPLANATION: The Capitol Theatre is in the process of improving the Capitol Theatre located at 19 S 3rd Street. On January 20, 2026 the Yakima City Council approved the Capitol Theatre Committee (CTC) to fundraise for the improvements. The City of Yakima received a private donation of $1,000,000 from the Capitol Theatre Committee for the improvements. ITEM BUDGETED: Yes STRATEGIC PRIORITY 24-25: A Resilient Yakima RECOMMENDATION: Adopt Resolution. ATTACHMENTS: Resolution_$1 million donation_Capitol Theatre project