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2016-29689 Reso RESOLUTION NO. 2016-29689 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AND AUTHORIZING THE APPROPRIATION OF $1,201,000 FROM FY 2016/17 GENERAL FUND ACCOUNT NO. 011.0930, CULTURAL ARTS COUNCIL ACCOUNT NO. 140.6080, AND RESORT TAX ACCOUNT NO. 160.4300; SAID APPROPRIATION TO BE PROVIDED TO AND UTILIZED BY THE FRIENDS OF THE BASS MUSEUM, INC. (THE FRIENDS) FOR THE PURPOSE OF CONTINUING TO FUND AND PROVIDE CERTAIN OPERATING EXPENSES FOR THE BASS MUSEUM OF ART (MUSEUM); AND AUTHORIZING THE CITY MANAGER TO EXECUTE A LETTER AGREEMENT WITH THE FRIENDS, MEMORIALIZING THE PARTIES' RESPECTIVE OBLIGATIONS WITH REGARD TO CERTAIN MANAGEMENT AND OPERATION RESPONSIBILITIES OF THE MUSEUM THROUGH SEPTEMBER 30, 2017. WHEREAS, the Bass Museum (Museum) was established from its inception as a strong public/private partnership through a contractual agreement entered into in 1963 between the City of Miami Beach (City) and John and Johanna Bass, whereby the City accepted the gift of the art collection of John and Johanna Bass (the Collection), in exchange for making the Collection open and available to the public in a building maintained by the City (the 1963 Agreement and all subsequent amendments thereto are hereinafter referred to as the "1963 Bass Agreement"); and WHEREAS, the 1963 Bass Agreement, requires the City to maintain the Bass Collection in perpetuity; provide for the exhibition of the Collection; keep it open and available to the public; and provide basic funding for the maintenance and exhibition of the Collection; and WHEREAS, the City fulfills this obligation by funding the operational elements of the Bass Museum and maintaining the building, which is a City asset; and WHEREAS, the 1963 Bass Agreement further stipulates that the Bass Museum shall be overseen by a Board of Trustees which has the responsibility for Museum policies and procedures, as well as day-to-day management through the staff it employs; and WHEREAS, since 2008, the Administration has been working closely with the Bass Board of Trustees (Bass Board) and the Friends of the Bass Museum, Inc. (Friends) to streamline the current governance model, standardize employment practices, and empower the Museum to fully realize its potential as the City's prominent art institution; and WHEREAS, on March 10, 2010, the City Commission adopted Resolution No. 2010- 27349 which approved an Amended and Restated Bass Museum Agreement between the City and Dennis Alan Richard (as successor in interest to John and Johanna Bass); and WHEREAS, the Amended and Restated Agreement was intended to replace and supersede the 1963 Bass Agreement, and, among other things: (1) reaffirmed the city's continual obligation to fund and maintain the Collection at the Museum building, under the current name, "The Bass Museum of Art"; (2) provided guidelines for the maintenance of the Museum building; (3) confirmed governance of the Museum pursuant to an independent 501(c)3 corporation (the Friends), through its board of directors, with the City Manager holding one of the seats on the board; and (4) established oversight by an independent executive director; and WHEREAS, since 2009, the City has approved Resolution Nos. 2009-27089, 2009- 27216, 2010-27505, 2011-27757, 2012-28027, 2013-28363, 2014-28764 and 2015-29168 all with corresponding letter agreements, whereby the City agreed to appropriate and transfer budgeted operating funds for the Museum, in consideration of the Friends' agreement to undertake certain management and operational responsibility (on behalf of the City) for the Museum; and WHEREAS, the City and Friends have agreed to execute another letter agreement (the Letter Agreement) for Fiscal Year (FY) 2016/17, whereby the Friends will continue to provide certain oversight and management responsibilities relative to the Bass Museum through September 30, 2017; WHEREAS, the Administration recommends that the City Commission approve the Letter Agreement attached and incorporated herein by reference as Exhibit A hereto. 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 hereby approve and authorize the appropriation of $1,201,000 from FY 2016/17 General Fund Account No. 011.0930, Cultural Arts Council Account No. 140.6080, and Resort Tax Account No. 160.4300; said appropriation to be provided to and utilized by the Friends of the Bass Museum, Inc. (the Friends) for the purpose of continuing to fund and provide certain operating expenses at the Bass Museum of Art (Museum) through September 30, 2017; and further authorize the City Manager to execute a new Letter Agreement with the Friends, memorializing the parties' respective obligations with regard to certain management and operation responsibilities of the Museum through September 30, 2017. PASSED and ADOPTED this 14th day of December 2016. PHILIP L INE ''YOR ATTESTED BY: ' °% Z �, �w �—°��1‘ B� itgi RAFAEL E RANADO CITY CL • �� �i�� APPROVED AS TO FORM & LANGUAGE - �•.� & F EXECUTION , * INCORP ORATED *E'' ,��i��,,2j�•. �. : mE City Attorney D Dote T:\AGENDA\2015\October\TCED\Bassn 'CH ••�:6� eum Reso 2015 16.doc _ • Provide certain day-to-day administrative services in support of the Collection, as well as any and all other art work(s) in the Museum, and the aforestated activities, to ensure that the Museum continues to be operated, managed, and maintained in a first-class manner, consistent with similar world-class public museums of comparable size and budget to the Bass Museum and including, without limitation, acquisition of services, equipment, and supplies; day-to-day housekeeping and maintenance; record-keeping; collections and billings; and similar services. The Friends represent to the City that, prior to the commencement of the Term, its authorized representatives have inspected the Bass Museum building; accordingly, the Friends hereby accept the building "AS IS, WHERE IS, AND WITH ALL FAULTS" existing as of the Commencement Date. In the event that any claim or controversy arises with respect to the Agreement, the Friends and the City hereby knowingly and voluntarily waive their rights to assert any argument or defense alleging inadequate or insufficient consideration. Attached as Exhibit A hereto is the Museum's Operating Budget for the Term (the Operating Budget or Budget), which the City and Friends have mutually reviewed and approved. The City and Friends hereby agree and acknowledge that said Budget is adequate for the provision of the Services. The Friends shall not exceed the Operating Budget, which has been established at $ 1,201,000. The Friends shall use best efforts to undertake, deliver and perform the Services, in accordance with, and in the amount provided by, the Operating Budget. The Friends agree to notify the City Manager within ten (10) days of any significant change or variance in the bottom line numbers in the Operating Budget, and any material increase in any identified cost(s) and/or expense(s) from that/those provided for in the Operating Budget. Notwithstanding the preceding, or anything contained in this Agreement, the Friends shall not exceed, commit, or contract to expend any sum in excess of the aggregate amount allowed in the Operating Budget without first obtaining the prior written consent of the City Manager, which consent, if granted at all, shall be in the Manager's sole and reasonable judgment and discretion. The Friends shall pay all items of expense related to the Services (and subject to the amount indicated in the approved Operating Budget) from JP Morgan (General Operating Account) #849186630. In addition to payment of any operating expenses related to the provision of the Services, any and all revenues generated by the Friends (pursuant to the duties set forth herein) shall also be deposited into this account. Deposits and/or withdrawals must be prepared by the Assistant Director and confirmed by the Executive Director. All checks exceeding five thousand dollars ($5,000) require two signatures. Authorized signatories on the account are as follows: • Executive Director; • President of the Board; Page 2 of 9 ® Vice-President of the Board; • Secretary of the Board. The Friends agree to keep and maintain an office in the Museum devoted exclusively to its performance/provision of the Services. The Friends shall keep and maintain all records related to, and in support of, the Services at such office. Any financial records shall be maintained in accordance with generally accepted accounting principles. The City Manager or his authorized designees shall have the right, at any time during the Term, to audit and inspect any and all Friends' records, upon reasonable written or verbal notice to the Friends, and during the Museum's normal hours of operation. The City and the Friends shall each appoint a contract administrator who shall monitor the parties' compliance with the terms of this Agreement and, in the case of the Friends, who shall serve as the point person for the City with regard to the Services. Unless otherwise notified, the contract administrators for each party are as follows: For the City: City of Miami Beach Tourism, Culture and Economic Development Attn: Brandi Reddick Cultural Affairs Program Manager 1700 Convention Center Drive Miami Beach, Florida 33139 305-673-7577 For the Friends: Friends of the Bass Museum, Inc. Attn: Silvia Karman Cubina Executive Director/Chief Curator 2100 Collins Avenue Miami Beach, Florida 33139 305-673-7530 The Friends agree to defend, indemnify and hold harmless the City, and its officials, directors, officers, employees, agents, contractors, servants, successors and assigns against any claims, causes of actions, costs, expenses, (including reasonable attorney's fees) liabilities, or damages arising out of or in connection with any negligent act or omission, or intentional misconduct on the part of the Friends or any of its officials, directors, officers, employees, agents, contractors, servants, successors and assigns, in the performance of its obligations under this Agreement and/or from the Services. Additionally, and notwithstanding the indemnification/hold harmless obligations in the preceding paragraph, or any other term or condition of this Agreement, the Friends shall defend, indemnify and hold harmless the City, its officials, directors, officers, employees, agents, contractors, servants, successors and assigns, against any claims, causes of actions, costs, expenses (including reasonable attorney's fees), liabilities, or damages Page 3 of 9 arising out of or in connection with any claim, controversy or cause of action brought against the City of Miami Beach (and including its officers, employees, agents, and contractors) alleging any breach by the City of the Bass Agreement as a result of the execution of this Letter of Agreement between the City and Friends. The indemnification and hold harmless requirements in the two preceding paragraphs shall survive the termination or expiration of this Agreement. Notwithstanding this indemnification, and as a further condition, the Friends shall, at its sole cost and expense, maintain in full force and effect throughout the Term of the Agreement the insurance requirements set forth in the attached Exhibit B: The Friends shall provide proof of the aforestated coverages to the City Manager, within thirty (30) days of execution of this Letter of Agreement. It is understood and agreed that any coverage provided by the Friends is primary to any insurance or self-insurance program the City has for the Museum, and that there shall be no right of recovery or subrogation against the City. This Letter of Agreement may be terminated by the City Manager, for cause, in the event of a breach by the Friends' of any term(s) and/or condition(s) set forth herein and the Friends' failure to satisfactorily cure same within seven (7) days of written notice of such breach by the City Manager or his designee; or by either party, for convenience (and without cause), upon fifteen (15) days prior written notice to the other party. All written notices and communications required or permitted hereunder may be delivered personally to the representatives of the Friends and the City listed below or may be mailed by registered mail, postage prepaid (or airmailed if addressed to an address outside of the city of dispatch). Until changed by notice in writing, all such notices and communications shall be addressed as follows: TO FRIENDS: Friends of the Bass Museum, Inc. Attn: George Lindemann President 2100 Collins Avenue Miami Beach, Florida 33139 (305) 673-7530 TO CITY: City of Miami Beach Tourism, Culture and Economic Development Attn: Vanessa Williams Interim Director 1700 Convention Center Drive Miami Beach, Florida 33139 (305) 673-7577 Page 4 of 9 Notices hereunder shall be effective: If delivered personally, on delivery; if mailed to an address in the city of dispatch, on the day following the date mailed; and if mailed to an address outside the city of dispatch on the seventh day following the date mailed. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Florida, both substantive and remedial, without regard to principles of conflict of laws. The exclusive venue for any litigation arising out of this Agreement shall be Miami-Dade County, Florida, if in state court, and the U.S. District Court, Southern District of Florida, if in federal court. BY ENTERING INTO THIS AGREEMENT, CITY AND FRIENDS EXPRESSLY WAIVE ANY RIGHTS EITHER PARTY MAY HAVE TO A TRIAL BY JURY OF ANY CIVIL LITIGATION RELATED TO, OR ARISING OUT OF, THIS AGREEMENT. The Friends hereby represent, warrant and covenant to the City: (i) that it has the full legal right, power and authority to enter into this Agreement and to grant the rights and perform the obligations herein, and that no third party consent or approval is required to grant such rights or perform such obligations hereunder; (ii) that this Agreement has been duly executed and delivered by the President of the Friends, and attested to by the Secretary, and constitutes a valid and binding obligation of the Friends, enforceable in accordance with its terms; and (iii) that the Friends will comply with all laws applicable to its management of the Museum, as set forth in this Agreement; provided that the Friends will not be required to undertake any compliance activity, or have any liability under this Agreement, if such activity requires any capital expenditure beyond the approved Operating Budget. Neither party may assign this Agreement. Neither this Agreement, nor any of its terms, may be changed, modified, waived, or terminated except by an instrument in writing, signed by an authorized representative, which shall be the City Manager (on behalf of the City), and the President of the Friends (on behalf of the Friends). The City and Friends acknowledge and agree that they are not joint venturers, partners, or joint owners with respect of the Bass Museum and/or with respect to this Agreement and/or the Services. Nothing contained in this Agreement shall be construed as creating a partnership, joint venture or similar relationship between the City and the Friends. Any employees at the Bass Museum who are City of Miami Beach employees shall remain City employees throughout the Term (unless otherwise terminated by the City), and shall remain under the supervision, direction and control of the City. Additionally, for purposes of this Agreement (or otherwise) no officer, director, employee, agent, or Page 5 of 9 contractor of the Friends shall be deemed to be an agent or employee of the City, and shall not attain any rights or benefits under the Civil Service or Pension Ordinance of the City, or any right generally afforded Classified or Unclassified employees or be deemed entitled to Florida Worker's Compensation benefits as an employee of the City, or accumulation of sick or annual leave. Attest: CITY OF MIAMI BEACH, FLORIDA Rafael E. Granado, City Clerk Jimmy L. Morales, City Manager Date Attest: FRIENDS OF THE BASS MUSEUM, INC., a Florida not-for-profit corporation Secretary George L. Lindemann, President Date APPROVED AS TO FORM & LANGUAGE & FOR . ' CU N City Attorney lip Dote Page 6 of 9 EXHIBIT A BUDGET Salaries and Benefits $450,000 Exhibition Expenses $ 308,000 Education Expenses $ 179,000 Communications/Public Relations $ 100,000 Facilities and Security $ 100,000 Repairs and Maintenance $ 50,000 Other Operating Expenses $ 14,000 TOTAL $ 1,201,000 Page 7 of 9 EXHIBIT B INSURANCE REQUIREMENTS 1. Friends shall maintain, at Friends' sole cost and expense, the following types of insurance coverage at all times throughout the term of this Letter of Agreement: A. Commercial General Liability Insurance, on an occurrence form, in the amount of Two Million ($2,000,000) Dollars, per occurrence, for bodily injury, death, property damage, and personal injury. This policy must name the City of Miami Beach, Florida,as additional insured. B. Workers Compensation Insurance shall be required under the Laws of the State of Florida and employer's liability insurance of not less than One Million Dollars($ 1,000,000) per occurrence. C. Automobile Insurance shall be provided covering all owned, leased, and hired vehicles and non-ownership liability for not less than the following limits, subject to adjustment for inflation (only if Friends provides transportation services): Bodily Injury $1,000,000 per person Bodily Injury $1,000,000 per accident Property Damage $ 500,000 per accident D. All risks property insurance, containing a waiver of subrogation rights which Friends' insurers may have against the CITY and against those for whom the CITY is in law responsible including, without limitation, its directors, officers, agents, and employees, and (except with respect to Friends' chattels) incorporating a standard Florida mortgagee endorsement (without contribution). Such insurance shall insure property of every kind purchased and/or maintained at the Bass Museum and the Premises, including the value of the Collection and all improvements installed in the Premises, in an amount not less than the full replacement cost thereof(new), with such cost to be adjusted no less than annually. Such policy shall include as additional insureds the City and its affiliates. E. Fire Insurance shall be the responsibility of the City. F. Any other form of insurance which the City requires, from time to time, in form, in amounts, and for risks against which it would be prudent to insure, in the City's sole discretion. 2. The policies of insurance referred to in the above paragraph 1 above shall not be subject to cancellation or changing coverage, except upon at least thirty (30) days written notice to the City, and then subject to the prior written approval of City Manager. Page 8 of 9 3. Additional Insured Status. The City of Miami Beach must be covered as an additional insured with respect to liability arising out of work or operations performed by or on behalf of Friends. 4. Waiver of Subrogation. Friends hereby grant to City of Miami Beach a waiver of any right to subrogation which any insurer of Friends may acquire against the City of Miami Beach by virtue of the payment of any loss under such insurance. Friends agree to obtain any endorsement that may be necessary to affect this waiver of subrogation, but this provision applies regardless of whether or not the City of Miami Beach has received a waiver of subrogation endorsement from the insurer. 5. Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. Best's rating of no less than A:VII, unless otherwise acceptable to the City of Miami Beach Risk Management Office. 6. Verification of Coverage. Friends shall provide the required insurance certificates, endorsements or applicable policy language effecting coverage required by this Section. All certificates of insurance and endorsements are to be received prior to any work commencing. However, failure to obtain the required coverage prior to the work beginning shall not waive the Contractor's obligation to provide them. The City of Miami Beach reserves the right to require complete, certified copies of all required insurance policies, including endorsements required by these specifications, at any time. 7. Special Risks or Circumstances. The City of Miami Beach, in its sole discretion, through the City Manager, reserves the right to modify these requirements, including limits, based on the nature of the risk, prior experience, insurer, coverage, or other special circumstances. Certificate Holder CITY OF MIAMI BEACH c/o INSURANCE TRACKING SERVICES 1700 CONVENTION CENTER DRIVE MIAMI BEACH,FL 33139 Compliance with the foregoing requirements shall not relieve the vendor of his liability and obligation under this section or under any other section of this agreement. 8. Should Friends fail to obtain, maintain or renew the policies of insurance referred to above, in the required amounts, the City may, at its sole discretion, obtain such insurance, and any sums expended by the City in obtaining said insurance, shall be repaid by Friends to the City, plus ten percent(10%) of the amount of premiums paid to compensate City for its administrative costs. If Friends does not repay the City's expenditures within fifteen (15) days of demand, the total sum owed shall accrue interest at the rate of twelve percent(12%) until paid and such failure shall also be deemed an event of default hereunder. Page 9 of 9 Resolutions - R7 T MIAMI BEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: December 14, 2016 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE CITY MANAGER TO EXECUTE A LETTER OF AGREEMENT IN THE AMOUNT OF $1,201,000 WITH THE FRIENDS OF THE BASS MUSEUM, INC. MEMORIALIZING THE PARTIES' RESPECTIVE OBLIGATIONS WITH REGARD TO CERTAIN MANAGEMENT AND OPERATION RESPONSIBILITIES OF THE BASS MUSEUM THROUGH SEPTEMBER 30, 2017. RECOMMENDATION Adopt this Resolution. The Bass Museum of Art was founded in 1964 as a strong public/private partnership, pursuant to an Agreement between the City and John and Johanna Bass dated July 1963, when the City accepted the gift of the art collection of John and Johanna Bass. This agreement stipulates that the City will "maintain the collection in perpetuity...provide for the exhibition of the collection, keep it open and available to the public," and provide basic funding for the maintenance and exhibition of the collection. The City fulfills this obligation by funding the operational elements of the Museum, and maintaining the building, which is a City asset. The agreement further stipulated that the Bass Museum, as an operating entity, should be overseen by a Board of Trustees with responsibility for Museum policies and procedures, as well as day-to-day management through the staff it employed. The Museum's Executive Director/Chief Curator, for example, is a City employee with full benefits, but is hired by, and answers to, the Board of Trustees. • In addition to the City and the Board of Trustees, a third entity has existed to promote and further the mission of the Museum, The Friends of the Bass Museum, Inc. This private and separate 501(c) 3 organization was established in 1978 as the membership and fundraising arm of the Museum. The President of the Friends chairs the Board of Trustees. The Friends' Board of Directors served as advisory to the Trustees, advocated and raised funds for the Museum, and sponsored Museum programs, which included all special exhibitions and educational programs. The Museum's membership, education, development and marketing efforts were realized by employees of the Friends of the Bass Museum. Thus the current Museum staff consists of City employees (both classified and unclassified) and Friends employees, with substantial differences in benefits and pay scales. ANALYSIS Page 1037 of 1191 The Administration began working with the Museum's staff and Boards to streamline the current governance model and to standardize employment practices. The need for a modification of the Museum's governance structure was also identified through a Strategic Planning Process and Peer Review. While the City remains fully committed to the Museum and its success, both the Administration and the Museum felt that the City can continue to fulfill its contractual obligations without having actual City employees working at the Museum, while funding for the Museum may be better allocated if the Museum is able to function independent of certain City processes and contracts. To this end, two recently-vacated City positions at the Bass, the Assistant Director and Curator, have been filled as employees of the Friends. The objective is to transition all Museum positions to the Friends over time, which will allow for significant savings to the City in salaries and benefits (especially pension). Additional savings in certain operational line items have also been identified. At the June 3, 2009, City Commission Meeting, Resolution No. 2009-27089 was approved, which authorized the transfer of $137,000 to the Friends. In addition to providing the Friends with direct oversight and management of these operational issues, this also allows the Friends to pursue potential savings by using non-City contracts for services such as carpet cleaning or for the purchase of office supplies, for example. This action also began the process of transitioning much of the day-to-day administration and oversight to the Friends. This was an important step in moving towards increased simplification of the Museum's governance structure, which has been considered essential for the future well-being of the institution and was included in the Museum's own five-year strategic plan. This concept was also discussed at the May 5, 2009 Finance and Citywide Projects Committee. The Finance Committee approved the transfer of those operating line item balances and recommended that the Administration come back, as part of the City budget process, for any future allocations. Accordingly, at the September 24, 2009 City Commission Meeting, Resolution No. 2009-27216 was approved, authorizing the allocation of $512,000 to the Friends to fund certain operating expenses for Fiscal Year 2009-10. The City Commission has approved similar resolutions in each fiscal year since then. Due to capital expansion of the Museum, which will be completed in spring 2017, the Bass Museum subbmitted a request for increased funding to cover new exhibition, education, security and facility expenses (See attached breakdown). As a result, an additional $500,000 was appropriated as part of the Fiscal Year 2016/17 budget for the Bass Museum, for a total appropriation of$1,201,000. Concurrent with the above, in August 2009, the Administration, the testamentary representative of the Bass Family, and representatives of the Friends, commenced discussions to begin the process of developing a new governance model for the Museum, which included an overhaul of the existing by-laws of the Friends, a 501(c) 3 nonprofit organization, and registering the fictitious name as the Bass Museum of Art, Inc., in order to clearly represent their operation under the name of the Museum. On March 10, 2010, the City Commission adopted Resolution No. 2010-27349 amending the agreement between the City and Dennis Alan Richard (as Successor in Interest to John and Johanna Bass). This new Agreement, among other things, replaced both the existing Bass Board of Trustees and the Friends of the Bass Museum, Inc., composed of actual stakeholders (as opposed to the then current Board of Trustees, who maintained their seats by virtue of their contractually designated positions under the 1963 Agreement). The City Manager retained membership on the new governing board, with voting power equivalent to 20% of the Page 1038 of 1191 membership of the Board, comparable to the City Manager's representation on the previous Board of Trustees. Similar to the September 2009, 2010, 2011, 2012, 2013, 2014 and 2015 actions, the Administration is seeking authorization to allocate $1,201,000 to the Friends for salary & operating expenses (salary expenses related to the Museum's Assistant Director, registrar, curatorial services, security guard, Office Associate IV and a building supervisor). In an effort to ease the future privatization of the Bass Museum, recently-vacated City positions have been filled as employees of the Bass Museum (non-profit entity).As previously stated, the objective is to transition all Museum positions to the Museum over time, which will allow for significant savings to the City in salaries and benefits. Of the eight (8) City funded Museum positions, two (2) are currently City employees. The remaining six (6) positions have been filled as employees of the Friends, and the City has transferred the funding for these positions to the Museum. Additionally, the Administration recommends allocating funds for operating expenses. The allocation is broken out as follows: Salaries and Benefits $ 450,000 Professional Services $ 100,000 Electricity $ 200,000 Communications/Public Relations $ 100,000 Rent/Building/Equipment (Storage) $ 200,000 Repairs and Maintenance $ 100,000 Other Operating Expenses $ 51,000 TOTAL $ 1,201,000 Similar to previous allocations, the Administration recommends entering into a letter agreement with the Friends delineating the responsibilities the Friends would be required to meet in exchange for the funding. These obligations would be very similar to functions currently carried out jointly between the City and Friends. CONCLUSION The Administration recommends approving the letter agreement with the Friends of the Bass, Inc. Amount 1 651,000 Account 1 011-0930 Amount 2 250,000 Account 2 140-6080 Amount 3 300,000 Account 3 160-4300 Legislative Tracking Tourism, Culture and Economic Development ATTACHMENTS: Page 1039 of 1191 Description o Attachment E Bass Museum Distribution of Expenses for FY17 Enhancement Request Page 1040 of 1191 Attachment E Distribution of Proposed Bass Museum Alloc T H E BASS Program Expenses Exhibition Expenses ?.MOUNT Exhibitions $737,1ku.04 Security $50,000.0, Art Said Outdoor Exhibrtin - Security $23,047.0C' Total $308,100.00 Education Expenses AMOUNT Bass Babies $3,60s.00 Adult Art. Club $3,500.00 Art Camp $20,U00.00 Family Day $4,300.00 Weekend Peitfolio 82,500.00 Education Salaries/Teachers *146,000.00 Total $179,900.00 Overhead Expenses Facilities S Security AMOUNT insurance $r0,000.00 Electricity 010,000.00 Security Monitoring $2,000.00 Guest Services Associate - Full Time $20,000.00 Guest Services Associate - Part Time *15,000.00 Building Supervisor II $15,000,00 Total $72,000.00 . , TOTAL EXPENSES TOTALS Exhibition Expenses *300,100.00 Education Expenses $174 C00.00 Facilities & Security $72,000.00 Total $560,000.00 Total Expenses Facilities&Seem it 13% C Exhibition Expenses Education Expenses Exhibition Expense 32% •Education Expenses ‘t1 •Facilities&Security p. to 1 of 1191 •age 1 or 1