Be it resolved that:
Whereas: in 2003 the Board of Governors approved JAFI's multi-year funding commitment for the Ramat Hadassah Szold Youth Village (hereinafter “Youth Village”), and therefore JAFI signed a 5 school year cooperation agreement with R.A.M.G.G.A. Management & Holdings Ltd. (a company controlled by Mr. Avi Naor) and Hadassah, the Women's Zionist Organization of America, Inc; and
Whereas: the Youth Village is a leading residential educational establishment for the benefit of immigrant youth and youth at risk, and therefore, through the abovementioned cooperation agreement, the Youth Village has constituted a national model for residential education and a model for cooperation between government, institutional and private bodies in Israel and abroad; and
Whereas: R.A.M.G.G.A. has agreed to commit to participate in the budget of the Youth Village in the amount of $650,000 per annum until the end of 5772, subject to a JAFI multi-year commitment of $2.65 M U.S. per annum for the period of 5770 – 5772 (September 2009- August 2012) for the continued operation of the Youth Village; and
Whereas: the Israel Committee recommends that JAFI sign a multi-year commitment until the end of 5772 in order to continue to support the Youth Village; and
Whereas: JAFI wishes to sign such a multi-year commitment;
Therefore be it resolved that:
1. A multi-year commitment of $2.65 M U.S. per annum is approved for JAFI's participation in the budget of the Youth Village until the end of 5772, subject to R.A.M.G.G.A.'s commitment to participate in the budget of the Youth Village in the amount of $650,000 per annum until the end of 5772.
2. The Finance Department is authorized to incur, on a multi-year basis, financial obligations for implementation of the undertakings of JAFI as described above in accordance with the cooperation agreement to be signed with R.A.M.G.G.A. regarding the management of the Youth Village.