01
105 KB
Fiscal/Budget Item Printout
105 KB
Extracted
AI Summary
This document discusses a proposed sponsorship by the County of Santa Clara for the TMC Community Capital Run Your Business 5K event. Supervisor Otto Lee recommends waiving a policy that requires sponsorship approval 30 days prior to the event and suggests a $250 sponsorship from the Fiscal Year 2026-2027 budget to support the event, which aims to promote financial fitness and wellbeing for small business owners.
Key points
- The event is organized by TMC Community Capital to promote financial fitness and wellbeing.
- The Run Your Business 5K aims to connect small business owners to capital, resources, and community networks.
- The event is expected to attract 3,500 community members.
- TMC Community Capital is a nonprofit microlender established in 2018.
Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.
Extracted text preview · 1,591 chars
County of Santa Clara Board of Supervisors Supervisorial District Three Supervisor Otto Lee 130383 DATE: September 15, 2026 TO: Board of Supervisors FROM: Otto Lee, President SUBJECT: Sponsorship - TMC Community Capital Run Your Business 5K RECOMMENDED ACTION Consider recommendations relating to sponsorship of TMC Community Capital. (Lee) Possible action: a. Approve waiver of Board of Supervisor's Policy 3.68.4.2 which requires approval of sponsorship at least 30 days before the event or activity. b. Approve County sponsorship of TMC Community Capital in the amount of $250 from the Supervisorial District Three allocation in the Office of the Clerk of the Board Fiscal Year 2026-2027 budget, to support the Run Your Business 5K. REASONS FOR RECOMMENDATION TMC Community Capital is hosting the Run Your Business 5K to promote financial fitness and wellbeing by connecting small business owners to capital, resources, and community networks. The event will feature a small business marketplace, resource fair, and networking opportunities. The Run Your Business 5K will bring 3,500 members of the community together to promote financial fitness and economic mobility alongside physical...