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HomeMy WebLinkAbout10/15/2014 - STAFF REPORTS - 2.E. iO pPLM S,4 iy V N * `�4OF4iF0 iF' � N CITY COUNCIL STAFF REPORT DATE: OCTOBER 15, 2014 CONSENT CALENDAR SUBJECT: APPROVAL OF AN ACCELERATED PAYMENT WITH PALM SPRINGS ART MUSEUM FOR A MEASURE J FUNDED PROJECT, THE RESTORATION AND TRANSFORMATION OF THE FORMER SANTA FE FEDERAL SAVINGS AND LOAN BUILDING. FROM: David H. Ready, City Manager BY: Finance Department SUMMARY The City Council will consider a request from the Palm Springs Art Museum to fund the third installment of a multi-year Measure J Project to Fiscal Year 2015-16. RECOMMENDATION: Authorize the City Manager to process the final payment of $284,000 to the Palm Springs Art Museum in Fiscal Year 2014-15. A6447. BACKGROUND AND ANALYSIS: The Measure J Commission recommended and the City Council approved Measure J funds in the amount of $850,000, for multi-year funding in the form of three payments to the Palm Springs Art Museum, to support the restoration and transformation of the former Santa Fe Federal Savings and Loan Building. The first two payments have already been made. Though the original agreement called for the final payment to be made in Fiscal Year 2015-16, the Palm Springs Art Museum has requested the third payment. Attached is the request from the Museum, along with a status report and the uses of the Measure J funds. Work on the project has progressed at a pace which supports the acceleration of the third and final payment. The $284,000 required for this final payment is budgeted in FY 2014-15 and is available for payment. ITEM NO. City Council Staff Report October 15, 2014—Page 2 Palm Springs Art Museum FISCAL IMPACT: The third payment of $284,000 is budgeted in the current fiscal year in Measure J account260-4500-59421. Geoffrey S. <iehl, Finance Director ames Thompson, Chief of Staff/ City Clerk David H. Ready, City Attachments: Museum Request and Status Report 02 PALM SPRINGS ART MUSEUM September 25, 2014 David H. Ready, Esq., Ph.D. City Manager City of Palm Springs 3200 East Tahquitz Way Palm Springs CA 92262 Dear David: Per your e-mail message received on September 22, 2014 and the co-signed Measure J Funding Disbursement, Uses and Reporting document dated November 7, 2013: 1 am most pleased to submit to you the following report and request for payment of the final amount of$283,000 for the Palm Springs Art Museum's project to restore and transform the former Santa Fe Federal Savings and Loan building, located at 300 South Palm Canyon Drive, now re-named the "Palm Springs Art Museum Architecture and Design Center, Edwards Harris Pavilion" (A+ D Center). Per the November 7, 2013 co-signed agreement, Palm Springs Art Museums reports that: Phase I of the project has been completed on time. Phase II activities have begun as the building will open to the public on November 9, 2014 and on every Wednesday through Sunday thereafter. As of this submission, three (3) major exhibitions will be presented during the facility's 2014-2015 Season opening with An Eloquent Modernist: E. Stewart Williams, Architect, an exhibition that provides a comprehensive retrospective of Mr. Williams's creative output and affords a view of his role in the development of modern architecture in Palm Springs. In collaboration with the Architecture and Design Council (ADC) of PSAM, Season 2014-2015 activities include a fall kickoff event, four A+D 101 lectures, two evening lectures, two Modernism Week lectures, an ADC fundraising event, the ADC symposium and tour, eight days of Frey House II tours, and a spring architecture tour. Activities for which funding in the amount of$850,000 was received have been completed including: renovation of the facility's HVAC system ($400,000); replacement of the asphalt parking lot with concrete ($200,000) and construction of specialized landscaping ($250,000) which includes the reconstruction of low garden wall abutting the city-owned sidewalk along South Palm Canyon Blvd that is based on Mr. Williams original design. (See: Attached Photos) PO Bus 2310, 101 Museum Drive,Palm Sp,ings.( \ 9`63-2310 1 760-322-4300 1 intnlri lsmuxunton, I psmuueum.org 03 Finally, and as agreed to, The City of Palm Springs will receive significant recognition for its contribution to the A+D Center that includes: on-site signage, logo included on brochures, other printed materials and such collateral materials as website, social media and other electronic references. We hope you are as pleased with the progress of this project as we are. The on-time completion of the Center could not have been accomplished without the City's support. Thank you for considering our request for early payment of the last scheduled installment of $283,000. Respectfully yours, reg Polzin The Dorothy and Harold J. Meyerman Director of Development 760-322-4820 gpolzin@psmuseum.org 04 2 Yt F_ s LMUNIZIes ANINUIRI tA