Children and Youth Fund - Establishment of Permanent Fiscal Agent For the purpose of designating a permanent fiscal agent to administer the Children and Youth Fund; establishing that the fiscal agent be governed and administered by a Board of Directors; requiring that the Board of Directors adopt bylaws that detail the governance of the fiscal agent; requiring that the Board of Directors submit an annual proposed financial plan to the Board of Estimates; providing that the City Council hold annual public hearings into the activities of the fiscal agent; allowing for the City Council to refer a petition to dissolve the Board of Directors in certain situations to the Board of Estimates; including the fiscal agent and its Board of Directors within the coverage of the City Ethics Code; defining certain terms; generally relating to the administration and governance of the Children and Youth Fund; and providing for a special effective date.

Committee

City Council

Requested by

Office of the Mayor

Introduced

April 13, 2020

Passed

May 18, 2020

Enactment no.

20-363