The City of Santa Monica's Wellbeing Summit next month -- meant to "spark conversation and action around community wellbeing" -- will cost $242,500, which will be paid for by sponsors.

So far, the City has raised $229,500 from 19 sponsors for the event on November 16 at the Santa Monica College (SMC) Center for Media and Design, according to a report from City Manager Rick Cole sent to the City Council Thursday.

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