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SR-071310-13DO July 13, 2010 Council Meeting: Santa Monica, California CITY CLERK'S OFFICE -MEMORANDUM To: City Council From: Mayor Pro Tem O'Connor, Councilmembers O'Day, Bloom Date: July 13, 2010 13-D: Request of Mayor pro Tem Pam O'Connor and Councilmembers Terry O'Day and Richard Bloom that the City Council allocate up to $50,000 in City Council discretionary funds to the Santa Monica-Malibu Education Foundation's Save Our Schools fundraising campaign in support of its emergency, community-wide effort to raise funds for the purpose of maintaining lower class sizes and protecting the elementary music, library and counseling programs. It is proposed that the allocation consist of an outright grant of $25,000 and $25,000 as a °'challenge grant'° to be allocated in $5,000 increments to the extent that up to fave businesses or individuals contribute like sums of $5,000. Funds must be raised by August 15 in order to re-hire teachers that have been notifed of lay-offs. 1 July 13, 2010