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2012-12RESOLUTION NO. 2012 -12 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA ADOPTING A POLICY TO ESTABLISH AN ANNUAL COLLEGE SCHOLARSHIP IN THE AMOUNT OF $1,000 FOR A STUDENT RESIDING IN AVENTURA GRADUATING FROM DR. MICHAEL M. KROP HIGH SCHOOL; PROVIDING FOR THE ALLOCATION OF FUNDS AND THE SELECTION PROCESS; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS RESOLUTION; AND PROVIDING AN EFFECTIVE DATE. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. The City Commission hereby adopts a policy to establish an annual college scholarship in the amount of $1,000 for a student residing in Aventura graduating from Dr. Michael M. Krop High School to assist in the funding of his /her college education. Section 2. The scholarship amount of $1,000 shall be allocated from the General Fund of the City and the Award Evaluation Committee established by Dr. Michael M. Krop High School shall select the student that is eligible for the scholarship. The annual award of the scholarship shall be subject to approval by the City Commission, as a Consent Agenda item, so as to document approval pursuant to Section 7.05 of the City Charter. Section 3. The City Manager is hereby authorized to do all things necessary to carry out the aims of this Resolution. Section 4. This Resolution shall become effective immediately upon its adoption. The foregoing Resolution was offered by Commissioner Auerbach, who moved its adoption. The motion was seconded by Commissioner Weinberg, and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach yes Commissioner Bob Diamond yes Commissioner Teri Holzberg yes Commissioner Michael Stern yes Commissioner Luz Urbaez Weinberg yes Vice Mayor Billy Joel yes Mayor Susan Gottlieb yes Resolution No. 2012 -12 Page 2 PASSED AND ADOPTED this 6t" day of March, 2012. USAN GOTTLIEB, MAYOR ATTEST: JT T�RESA I O , MMC CLER APPROVED AS TO LEGAL SUFFICIENCY: t4 /in le'' CITY ATTORNEY