5325899 Resolution 20-749, UDC Fundraising Extension Emergency Declaration Resolution of 2014  

  • A RESOLUTION

                                                            

    20-749

     

    IN THE COUNCIL OF THE DISTRICT OF COLUMBIA

     

    December 17, 2014         

     

     

    To declare the existence of an emergency with respect to the need to amend the Fiscal Year

    2015 Budget Support Act of 2014 to extend the deadline for the University of the District of Columbia to raise $1 million in private donations for the purpose of meeting accreditation standards.

     

                RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this resolution may be cited as the “UDC Fundraising Extension Emergency Declaration Resolution of 2014”.

     

                Sec. 2.  (a)  The University of the District of Columbia (“UDC”) is undergoing the reaccreditation process necessary to maintain its status as an accredited institution of higher education.  UDC has identified budgetary challenges that could impede its ability to meet the requirements of the regional higher education accrediting body and is therefore raising private donations to address those needs.      

    (b) Section 7202 of the Fiscal Year 2015 Budget Support Act of 2014, enacted on September 23, 2014 (D.C. Act 20-424; 61 DCR 9990), established a matching fund that supports and incentivizes UDC to raise private donations towards meeting accreditation standards.  The fund authorizes a match from the District to private funds raised by January 1, 2015, in an amount up to $1 million.

    (c)    This emergency legislation would extend the deadline for UDC to raise funds from January 1, 2015, to April 10, 2015, giving UDC approximately 3 additional months to raise private funds in order to meet its accreditation goals. 

     (d)  This legislation is helpful to the District’s only public university.  It is necessary for the Council to act now, before the January 1st deadline. 

     

                Sec. 3.  The Council of the District of Columbia determines that the circumstances enumerated in section 2 constitute emergency circumstances making it necessary that the UDC Fundraising Extension Emergency Amendment Act of 2014 be adopted after a single reading.

     

                Sec. 4.  This resolution shall take effect immediately.