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95-21814 Reso ~" RESOLUTION NO. 95-21814 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA,AUTHORIZING THE CITY MANAGER TO ACCEPT CULTURAL FACILITIES GRANT 96-9031, AN AWARD OF $500,000 FROM THE STATE OF FLORIDA, DEPARTMENT OF STATE, DIVISION OF CULTURAL AFFAIRS, AND APPROPRIATE THIS AMOUNT, WHICH IS TO BE ENCUMBERED IN 1997 AND EXPENDED IN 1998, FOR THE EXPANSION OF THE BASS MUSEUM OF ART. WHEREAS, the Bass Museum of Art has received five (5) State of Florida Cultural Facilities matching grants throughout fiscal years 1988-1994 totaling $1,732,322; and WHEREAS, On June 8, 1994, the Mayor and City Commission voted unanimously to provide $2,334,440 as the required cash grant match for a scaled-down expansion and renovation, toward the Bass Museum Renovation and Expansion Work Order 364.2076, with a total project cost of $8,000,000; and WHEREAS, On July 28, 1994, the Mayor and City Commission adopted Resolution No. 94-21266 authorizing the execution of an Agreement for Professional Architectural Services for the Bass Museum Renovation and Expansion Project (Project); and WHEREAS, on September 22, 1994, the Mayor and City Commission adopted Resolution No. 94-2131'authorizing appropriation of $2,334,440 from the Gulf Breeze Loan Fund toward the Bass Museum Expansion and Renovation Work Order 364.2076, and approved an additional grant application to the State for $500,000, which does not require a City cash match but, rather, an in- kind match of a portion of the value of the existing building and its park site, having an estimated value of$1,073,995; and WHEREAS, as stated in Resolution 94-21319, Friends of the Bass Museum, Inc. have pledged to raise $1,294,678 after completion of the project architectural working drawings and the period of new construction has begun, with $250,000 of this amount matching the grant and being the only cash match required by the grant. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission authorize the City Manager to accept Cultural Facilities Grant 96-9031, an award of $500,000 from the State of Florida, Department of State, Division of Cultural Affairs and appropriate this amount, which is to be encumbered in 1997 and expended in 1998, for the expansion of the Bass Museum of Art. -' PASSED and ADOPTED this 21st ATTEST: H~ fORM APPROVED By jJ;A~ Date _~. /7, 1r CITY HALL 1700 CONVENTION CENTER DRivE MIAMI BEACH FLORIDA 33139 CITY OF MIAMI BEACH COMMISSION MEMORANDUM NO. 6 (,5-QS SUBJECT: Mayor Seymour Gelber and Members of the City Commission Jose Garcia_pedros~ City Manager A Resolution of t Mayor and City Commission to authorize the City Manager to accept Cultural Facilities Grant 96-9031, an aw'ard of$500,000 from the State of Florida, Department of State, Division of Cultural Affairs which is to be encumbered in 1997 and expended in 1998 for the Expansion of the Bass Museum of Art. DATE: November 21, 1995 TO: FROM: ADMINISTRATION RECOMMENDATION To approve the Resolution to accept Cultural Facilities Grant 96-9031, an award of $ 500,000 from the State of Florida which is to be encumbered in 1997 and expended in 1998 and which requires no cash match from the city but does require an in-kind match of a portion of the value of the existing building and the land upon which it stands with an estimated value of$ 1,073,995. BACKGROUND On September 22, 1994 the City Commission passed Resolution 9421319 approving the application of the Bass Museum of Art to the State for these funds. The application was then approved by the State Cultural Facilities Grant Panel and recommended by the Secretary to the Legislature. The Legislature approved the grant during the 1995 legislative session. The application as submitted and approved requires no cash match from the City. The City's match is in-kind, i.e. a portion of the value of the existing land and building. Friends of the Bass Museum will contribute cash in the amount of $250,000 toward the construction covered by this grant. This grant and the Friend's match are specifically designated to create new revenue producing areas, including cafe, shop and reception spaces. CONCLUSION This grant will enable the museum to generate increased revenues in the future. AGENDA ITEM C. 1 A DATE~5