AGENDA #5b
MEMORANDUM
TO: Mayor and Town Council
FROM: Jeffrey L. Cohen, Chair
Chapel Hill Public Arts Commission
SUBJECT: Update on Status of the Chapel Hill Public Arts Commission
DATE: January 24, 2005
The purpose of this report is to update the Mayor and Town Council on the status of the Chapel Hill Public Arts Commission and to give the Mayor and Town Council the opportunity to review a draft of the new bylaws for the organization.
On June 30, 2004, the Council adopted a resolution (Attachment 1) authorizing the establishment of the Chapel Hill Public Arts Commission as a nonprofit corporation.
On August 24, 2004, the Articles of Incorporation were filed with the North Carolina Department of the Secretary of State to form the Chapel Hill Public Arts Commission as a nonprofit corporation (Attachment 2).
On February 8, 2005, the Chapel Hill Public Arts Commission’s bylaws must be submitted to the North Carolina Department of Revenue. Attached you will find a draft copy of these bylaws for your review (Attachment 3).
After the bylaws have been filed, the Chapel Hill Public Arts Commission must complete the 501(c)3 exemption application, which is filed with the IRS and can take anywhere from two to six months to be approved.
The Chapel Hill Public Arts Commission thanks the Manager for working cooperatively to establish the CHPAC as a Special Commission of the Town with 501(c)3 status. We are pleased with the outcome of this issue.
ATTACHMENTS