Loading...
HomeMy WebLinkAbout12/06/1988, 9 - CONSIDERATION OF AN AGREEMENT BETWEEN THE CITY, CAL POLY AND THE FOUNDATION FOR THE PERFORMING ARTS FOR CONSTRUCTION OF A PERFORMING ARTS FACILITY ON THE CAL POLY CAMPUS. MEETING DATE: city of San IDIS OBispo /J-/a-y& COUNCIL AGENDA REPORT ITEM NUMBER: PROM: .John Dunn. City Administrative Officer, N SUBJECT: Consideration of an agreement b the City. Cal Poly and the Foundation for the Performing Arts for construction of a performing arts facility on the Cal Poly campus. CAO RECOMMENDATION: Adopt resolution approving a development agreement for the Performing Arts Center. SUMMARY: Based on a conceptual agreement and previous direction from the Council , representatives from the City. Cal Poly and the Foundation for the Performing Arts have negotiated a development agreement for the Performing Arts Center on the Cal Poly campus. The agreement specifies a schedule for development. financial obligations of the parties and principles of an operating agreement. Approval of this agreement is a necessary step for the development of the Performing Arts Center. SIGNIFICANT IMPACTS: The agreement obligates the City to one-sixth participation in the development of the Performing Arts Center (total estimated cost $20 million) . Design costs are scheduled to commence in the spring of 1989. Construction is scheduled to commence in the fall of 1991 . CONSEQUENCES OF NOT TAKING THE RECOMMENDED ACTION: Failure to approve this agreement would terminate the project. Significant delay in approval could prevent the project from being included in the Governor's budget, potentially delaying the project by one year. BACKGROUND: In the spring of 1987 Council considered options for the City' s participation in constructing Performing Arts Centers for the community. After I engthy public hearings, Council approved an implementation program for the auditorium development including the following actions: 1 . Proceed with negotiations for the joint venture with Cal Poly and the Foundation for the Performing Arts for a large theater on the Cal Poly campus . 2. Investigate options for increasing the transient occupancy tax by 2-3%. 3. Prepare a plan to appropriate $450,000 in the 1987-88 CIP for planning of community auditorium facilities contingent upon joint agreement(s) and comprehensive program statements. 4. Explore the feasibility of using, restoring or expanding the Fremont Theater with appropriate groups. In October of 1987 the Council approved a conceptual agreement which is summarized below. Based on the conceptual agreement, the Trustees of the State University have included the project in the University's Capital Program. 9-/ ���n�►ti►i►lulllllllllll►►u°►►q�UIU city of san Luis oBi spo jMONZe COUNCIL AGENDA REPORT SUMMARY OF CONCEPTUAL AGREEMENT: Statement of Facts and Purposes: Cal Poly and the City of San Luis Obispo have long considered the need for a 1200-1500 seat auditorium. The Foundation supports such an auditorium and would be willing to share the costs of its construction. None of the parties can independently afford to construct such an auditorium; joint effort of all the parties will be required. The law allows such cooperative projects . The auditorium will be designed to be used for a variety of events. Board of Directors: A seven-member Board representing the three parties to the agreement (three directors from Cal Poly and two each from the City of San Luis Obispo and the Foundation) will be the governing body of the commission. Actions of the Board will require five affirmative votes. Create a Corporation ( "Commission" ) : The parties will form a non-profit corporation ( "Commission" ) which will be responsible for the design, construction and operation of the auditorium. Design and Construction: The auditorium will be located on the Cal Poly campus. Cal Poly will provide parking for 1500 cars. The commission will cooperate with the parties in designing and constructing the project. The project will conform with regulations of the State University. Cost and Funding: The cost of the auditorium is not to exceed $20 million without specific authorization of each of the parties. A project budget is to be developed after retention of the architect. The design will cost about $900,000 to be shared equally. Construction funding is expected to be two-thirds Cal Poly and one-sixth each for the other parties. Cal Poly will be responsible for utilities and maintenance. The remaining operations are expected to be self-supporting. The Foundation will attempt to raise $1 million for an operating endowment. Access and Use: The commission is responsible for scheduling use of the auditorium. Cal Poly will be entitled to use of the auditorium for a limited, specified number of official University events . Dissolution: The commission and agreement can be dissolved at various times according to specific provisions of the agreement. In the event of dissolution, an equitable distribution of any and all assets and debts, including the value of the center itself, would occur. Since the conceptual agreement was approved, representatives from the City, Cal Poly and the Foundation for the Performing Arts have worked to create a formal agreement. The agreement before the Council has been designed to address various administrative and legal concerns stemming from the conceptual agreement. Key provisions are summarized below: 1. A development schedule is included which if maintained would result in a completed project in March 1990 (4.02) . 9 �- ���N�i�►►�IIIIIII��� lUlll city O� San tins OBISPO COUNCIL AGENDA REPORT 2. Award of construction contract (scheduled for September 1991) would be contingent on the City and Foundation fulfilling their financial obligations. The City's share would be one-sixth of an anticipated $20 million (5.02) . 3. In addition to two-thirds funding the University will provide the site, utility services and building and site maintenance (5.06) . 4. The University will develop a parking management plan for approval by the City and Foundation (6.01) . 5. A non-profit corporation will operate the Center for at least 75 years (7.04) . 6. Two-thirds of the events at the Center should enhance the University' s education mission (7.05) . ^r . Provisions of an operating agreement to be developed are specified (7 .09) . PREVIOUS REVIEW: The broad issue of auditorium development has been reviewed several times since a feasibility study was authorized in 1985. The agreement is the product of direction given by the City Council in 1987. Other than the parties to the agreement, no organization or bodies have formally reviewed the agreement. The City Attorney was a City representative and concurs with the recommendation. FISCAL IMPACT: Approval of the agreement leads to a City obligation of more than $3 million for construction. The City's share of design costs is included in the City's current Capital Improvement Plan and is scheduled for expenditure in May 1989. The conceptual financing plan for construction contemplates increases in the Transient Occupancy Tax along with use of money from the Facility Reserve. The Facility Reserve is currently about $1 .5 million. No immediate expenditure would be mandated by this agreement. ALTERNATIVES: 1 . Council may approve the agreement. This would permit staff to proceed with implementation including the necessary financial plan. (Staff recommendation. ) 2. Council may continue consideration of the agreement and request specific changes. Significant delay in approving the agreement could delay the project by one year. 3. Council may not approve the agreement and withdraw from the project. Even though the City only provides one sixth of the funding, it is critical for the timely completion of this project and as a demonstration of local support of the project. RECOMMENDATION: Adopt resolution approving a development agreement for the Performing Arts Center as recommended. TR:mp Attachment: Draft Resolution Y�.5 RESOLUTION NO. (1988 SERIES) A RESOLUTION OF THE SAN LUIS OBISPO CITY COUNCIL — — APPROVING A DEVELOPMENT AGREEMENT BETWEEN THE CITY OF SAN LUIS OBISPO, CALIFORNIA POLYTECHNIC STATE UNIVERSITY. AND THE FOUNDATION FOR THE PERFORMING ARTS FOR CONSTRUCTION OF AN AUDITORIUM ON THE CAL POLY CAMPUS WHEREAS, the City, Cal Poly and the Foundation for the Performing Arts recognize the need for an auditorium of about 1500 seats; and WHEREAS, it is apparent that no single such agency or entity is capable of financing, constructing or maintaining an auditorium of that size; and WHEREAS, discussions, negotiations and analysis of the various options available to any or all of the three parties have been occurring for quite some time; and WHEREAS, representatives from the City, Cal Poly and the Foundation for the Performing Arts agree on their respective roles and responsibilities in the development of such an auditorium. NOW THEREFORE, BE IT RESOLVED by the San Luis Obispo City Council as follows: SECTION 1. That certain agreement attached hereto, marked Exhibit "A," and incorporated herein by reference, between the City of San Luis Obispo, California Polytechnic State University, and the Foundation for the Performing Arts is hereby approved by the City. SECTION 2. The City Clerk shall furnish a copy of this resolution and a copy of the executed agreement approved by it to: Dr. Warren Baker, President, California Polytechnic State University; and Warren Sinsheimer, President, Foundation for the Performing Arts. On motion of seconded by and on the following roll call vote: AYES: NOES: ABSENT: the foregoing Resolution was passed and adopted this day of 1988. MAYOR RON DUNIN ATTEST: CITY CLERK PAMELA VOGES *sssss Approved: City Ad 'nistrative cer City torney Fin"cirector *DeWies action by Lead Person ME. NG ' AGENDA Resoond by: DATE ITEM # !r,-CAO `:H Atty. Development Agreement Performing Arts Center B- T. T is agreement is made and entered into this day of , 1988 , by and between the State of California acting through the Trustees of The California State University, hereinafter referred to as the "Trustees" on behalf of California Polytechnic State University, San Luis Obispo, hereinafter referred to as "University, " the City of San Luis Obispo, California, hereinafter referred to as "City, " and the Foundation for the Performing Arts Center, a California nonprofit public benefit corporation, hereinafter referred to as "Foundation. " WHEREAS the University has long established plans to construct an auditorium on its campus capable of handling an audience of, 1200 to 1500 persons, and WHEREAS the City has determined that the residents of the City and city businesses would derive significant cultural, educational, civic and economic benefit from a meeting and performance hall capable of seating 1200 to 1500 persons, and WHEREAS it does not appear likely that either the City or the University can afford to undertake to design, construct and operate a 1200 to 1500 seat performance hall alone, and WHEREAS the Foundation consists of people from throughout San Luis Obispo County and beyond who desire to see a 1200 to 1500 seat performance hall in San Luis Obispo and who are willing to raise a substantial share of the cost of constructing and operating such a facility, and WHEREAS no single public or private entity appears likely in the foreseeable future to have the financial resources to construct, operate and maintain a 1200 to 1500 seat hall. A joint effort among the City, the University, and the Foundation which recognizes the unique and mutually supporting characteristics of each entity and guarantees the respective contributions to a joint effort appears to be the best solution to the problem of how to design, build and operate such a hall, and WHEREAS thoughtful and energetic discussions of the challenges posed by this project have been ongoing since 1985 . Out of these dialogues have emerged a number of issues. The most challenging and most compelling issues deal with the specifics of sharing the burden of raising funds and sharing the use of the hall, and WHEREAS the parties believe that a joint effort can create a facility best suited to the needs of the University and the community. They can create a performing arts facility with a 9- � combination of excellent acoustics, sight lines, stage facilities, storage, lighting, technical equipment, rehearsal space and backstage accommodations. Such a hall would serve the needs of community and University performing arts groups, touring artists, and speakers, and the large assembly needs of the University and the community. Such a hall is hereafter referred to in this agreement as the "Performing Arts Center." The Performing Arts Center will be designed to accommodate a variety of events: music, dance, drama, public assembly, and special events. Through the excellence of its design and creative use of lobby and other interior spaces, the Performing Arts Center will enhance the visual arts experience of its users. The Performing Arts Center will represent excellence in architecture and planning. NOW, THEREFORE, in consideration of the mutual covenants and conditions hereafter contained, the Trustees, the City, and the Foundation do hereby agree as follows: 1. The parties agree to fund and build a Performing Arts Center capable of seating 1200 to 1500 people on the campus of the University as more specifically set out in this agreement. 2 . The parties agree to develop an operating agreement for the operation of the Performing Arts Center in accordance with the principles set forth in Section 7 of this agreement. 3. The design of the Performing Arts Center will be predicated to a large extent on the February 23 , 1987 architectural report which was prepared at the request of the City. That report identified the following features as desirable for a facility to meet the general program requirements set forth by the City, the Foundation and the University. a. An auditorium capacity of 1200 to 1500 with three levels of seating to allow for variable audience capacity while retaining a sense of intimacy. b. A stage house and loft to provide for a full working stage with access to support spaces and service entrances. C. An orchestra pit with hydraulic lift to permit a large fore stage when the pit is not required. d. A lobby of sufficient size to permit its use as a separate space for public assembly, receptions and similar functions. e. Appropriate support components for the theater, stage and related areas plus administrative space for building management and the corporation. - 2 - 7 f. Critical attention to sight lines, acoustics, lighting and sound control are paramount to a successful facility. The final project description document will be developed by the City, the Foundation, and the University. 4 . Design and Construction 4 . 01 Construction of the project shall proceed in conformance with the legal requirements under the California State University Contract Law, Public Contract Code Section 10700 et seq. , and the building to be constructed shall be the property of the state. 4.02 Trustees shall make best efforts to proceed with the design and construction of the project in accordance with the same procedural requirements as for CSU state funded projects with the addition of provisions necessary to reflect the unique arrangement described herein. As explained at a meeting attended by staff from the Trustees, University, City, and Foundation held at the Chancellor' s Office on March 23 , 1988 , the following general schedule outlines these requirements: a. April 1988 Program Planning Guide (PPG) is submitted to PPD (includes program description, justification, and budget estimate) . (a. l) May 1988 Board Meeting - Approval of concept. b. July 1988 1989-90 to 1993-94 Draft Five Year Capital Improvement Program is submitted to Board of Trustees. Program may include request for preliminary planning funds for Performing Arts Center. c. July 1988 PPG is submitted to Department of Finance (DOF) and Legislative Analyst Office (LAO) . d. September 1988 1989-90 to 1993-94 Five year Capital Improvement Program is approved by Board of Trustees. U 3 - e. September 1988 Visit to campus by DOF, LAO, and consultants to legislative committees. f. January 1989 1989 Governor' s Budget is released. g. February 1989 Written analysis of 1989 Governor' s Budget by LAO is released. h. April-May 1989 Legislative committees evaluate 1989 Governor' s Budget. i. June 1989 1989 Budget is signed by Governor. Funds for schematics/preliminary plans may be available on July 1 , 1989. j . July 1989 Schematic plans are stated. k. August- Mid-schematic plan evaluations September 1989 by campus and Chancellor' s Office staff occurs. 1. November 1989 Board of Trustees approves Schematic Plans. Preliminary plans are stated. m. January 1990 1990 Governor' s Budget is released (working drawing funds for the project may be included) . n. February 1990 Written analysis of 1990 Governor' s Budget by LAO is released. o. March 1990 Preliminary plans are completed and transmitted to the State Public works Board for approval. p. April-May 1990 Legislative committees evaluate 1990 Governor' s Budget. q. June 1990 Governor' s Budget signed by Governor. Funds for working drawings may be available on July 1, 1990. r. July 1991 Working drawings are stated. s. January 1991 Working drawings are completed. 4 - `97 t. January 1991 1991 Governor' s Budget is released (construction funds for project may be included) . u. February 1991 Written analysis of 1991 Governor' s Budget by LAO is released. v. April-May 1991 Legislative committees evaluate 1991 Governor' s Budget. w. June 1991 1991 budget is signed by Governor. Funds for construction may be available on July 1 , 1991. X. July 1991 Bid documents for the project are released. y. September 1991 Construction contract is awarded and construction is started. z. March 1993 Construction is completed. 4.02. 1 It is understood by the parties that the above schedule represents goals and no breach occurs if the time schedule must be adjusted. 4. 03 It is contemplated under the timetable set forth in Section 4 . 03 that the following goals be set: a. Design phase: Board of Trustees appoint an architect for the project in May 1989 . b. Schematic phase: Schematics to be presented to the Board of Trustees in November 1989 . C. Preliminary plans: Preliminary plans be developed in March and April 1990 . Submission of plans to Board of Public Works for approval in July 1990 . 1) Funding for working drawings requested in July 1990 . 2) Working drawings completed in June 1991. d. Construction phase: Trustees request construction funds in July 1991 . 1) If funding request met, Trustees will go to bid. - 5 - 2) Construction phase envisioned to take 1} to 2 years Anticipated completion dated of project is March 1993 . e. It is understood by the parties that the above times represent goals and no breach occurs if this timeline must be adjusted. 4 . 04 Trustees may not award any construction contract until after City and Foundation have fulfilled their respective obligations to deposit with Chancellor' s Office Chief Fiscal Officer their share of the funding of the project in accordance with Sections 5.02 and 5.03 of this agreement. a. However, after selection of architect and submission of architectural schematic design for the project, if City or Foundation disapproves of the architectural design, either City or Foundation may elect not to deposit with the Chancellor' s Office Chief Fiscal Officer the balance of funding committed for construction specified in Section 5.02 and 5 .03 respectively. Said election will act to terminate this agreement and excuse all parties from any further acts or obligations under this agreement. If such termination occurs, each party shall bear its own costs up to that time, and shall not receive reimbursement from the other parties to this agreement. b. It is further agreed among the parties that City and Foundation will participate with the campus in the recommendation for the selection of the architect and in providing further input to the Trustees' staff in the development of all phases of the construction plans and specifications. 5. Funding 5.01 The parties estimate the project cost of the Performing Arts Center will not exceed Twenty Million Dollars ($20,000,000.00) . The Project Cost shall be an amount agreed upon by the three parties, and the three parties agree to work together on the scope of the Project to stay within the estimate. "Project Cost" means the sum required to design, construct and equip the Performing Arts Center. Project cost includes, but is not limited to: a. Fees and commissions for design services; 6 - b. Site surveys and soil investigations; c. Center construction; d. Necessary relocation of existing improvements; e. Upgrade of existing utility services if required; f. Test and inspections during construction; g. Miscellaneous costs associated with project approval such as: physically handicapped compliance, State Fire Marshal, contract code check; and h. Movable equipment necessary to permit the operation of the facility as designed. 5.02 City agrees to fund one-sixth of the project cost. City shall deposit its share of the project cost with the Chief Fiscal Officer of the Trustees at the following intervals: a. Deposit an amount equal to one-sixth of the design funds for each state of plan development (schematics, preliminary and working drawings) prior to the authorization to the architect to proceed with each phase. b. Deposit the balance of its one-sixth share of the project cost in cash or letter of credit prior to the award of construction contracts by Trustees. 5 .03 Foundation agrees to fund one-sixth the cost of the project cost. Foundation shall deposit its share of the cost of the project with .the Chief Fiscal Officer of the Trustees at the following intervals: a. Deposit an amount equal to one-sixth of the design funds for each stage of plan development (schematics, preliminary and working drawings) prior to the authorization to the architect to proceed with each phase. b. Deposit the balance of its one-sixth of the project cost in cash or letter of credit prior to the award of construction contracts by the Trustees. c. Foundation further agrees to make "best efforts" to raise an endowment fund of one million dollars ($1 ,000,000 .00) the income from which to be used to defray operating expenses associated with program development and presentation and to defray any maintenance costs not covered by the University for the Performing Arts Center. Endowment Fund means a fund the net income from which will be transferred to the "Corporation" identified in Section 6 of this Agreement for expenditure by the Corporation' s Board while the Foundation maintains the principal of the fund intact. The Board, rather than the Foundation, shall control the expenditure of the net income. 5.04 Trustees agree to seek funding from the Legislature in an amount equal to two-thirds of the Project Cost. Trustees shall commit the amount approved by the Legislature for the design and construction of the project. Trustees shall not be bound to proceed with the design and construction of the project should the Legislature not allocate sufficient funds for the project. 5 .05 None of the parties shall be obligated to proceed with the design and construction of the project until funding for each phase (schematics, preliminary, working drawings, construction) has been secured by each of the parties. If the project cannot go forward because of a lack of adequate funding, any party may elect to terminate this Agreement, such election excusing all parties from any furtheracts or obligations under this Agreement. If such termination occurs, each party shall bear its own costs up to that time, and shall not receive reimbursement from other parties to the Agreement. 5 .06 In addition to Trustees' funding commitment to the project costs set forth in Section 5.04 , Trustees shall make the following contributions: a. Trustees shall provide the land for the site of the Performing Arts Center. The site is presently identified as that University property on Grand Avenue adjacent to the existing theater. b. Upon completion of the project, University will provide utility services and perform all maintenance and custodial work on the Performing Arts Center and its landscaping consistent with state criteria. The University' s maintenance staff will consult and cooperate with the Performing Arts Center' s operating entity to be created in accordance with principles set forth - 8 - q-�3 in Section 6 of this Agreement as to maintenance needs and scheduling occasioned by the Performing Art Center' s schedule and uses. 5.07 In the event project costs exceed the estimated $20 million, the parties agree to work together to provide a method to get additional funding, or agree to reduce the scope of the project to stay within budget. 6 . Parking Z.6 .01 University shall develop a parking management program providing the public access to campus parking facilities for events scheduled at the Performing Arts Center. The University agrees to deliver a proposed parking management program to the City and the Foundation not later than March 1 , 1989. 6 .02 Both the City and Foundation must notify the Trustees in writing of their approval or disapproval of the Universitv' s parking management plan no later than May 1 , 1989, the date the University must submit its proposed capital outlay program for fiscal year 1990-1991 . If either the City or the Foundation timely notifies the Trustees of its disapproval of the University' s parking management plan or fails to timely file any notification with Trustees, said notification of disapproval or event of nonnotification shall act to terminate this agreement. Said termination shall excuse all parties from any further acts or obligations under this agreement, including the City' s and Foundation' s obligations to deposit with the Chancellor' s Office chief fiscal officer the balance of funding committed for construction specified in Sections 5.02 and 5 .03 respectively. 7 . Operating Agreement 7 .01 In consideration for the nonstate funding provided by the City and Foundation for this project, Trustees agree that the City and Foundation should join Trustees in creating a nonprofit public benefit corporation for the operation of the Performing Arts Center, including the determination of appropriate operating policies. - 9 - �-i� 7.02 The nonprofit corporation to be established will be the operator of the Performing Arts Center. The nonprofit corporation will sign an operating agreement or other appropriate agreement with the Trustees, to be developed. The operating agreement or other appropriate agreement to be developed shall incorporate the principles hereafter set forth in this Agreement. The term of the operating agreement or other appropriate agreements shall be not less than 75 years. 7 .03 The operating agreement or other appropriate agreement and nonprofit corporation shall be in place before the construction of the facility is completed. 7 .04 The operating agreement or other appropriate agreement shall include, but not be limited to, the following provisions: a. The corporation and its board shall not pledge as collateral the Performing Arts Center building, fixtures, or land situated upon for any loan, debt or contract it may enter. b. The corporation will release and hold harmless the Trustees from any debts the corporation may incur including any debts owed to staff hired by the corporation. Under no circumstances shall state funds be used to finance any program operating deficit of the Performing Arts Center. Failure to finance a deficit may be grounds to terminate the operating agreement. The Performing Arts Center will be operated on a "break even basis. " However, in the event of a deficit, the City and Foundation will make up the deficit. Because the University has agreed to provide the Performing Arts Center with utilities and maintenance services, the University will not be responsible for corporation deficits. c. The corporation shall be responsible for the hiring, salaries, and benefits, including workers' compensation, of any staff. d. The corporation shall maintain the types and amounts of insurance set forth in Section 7 .09 of this agreement. 7 .05 Two thirds of the events at the Performing Arts Center shall be activities that should enhance the University' s educational mission. In addition, the University shall have priority scheduling for certain - 10 - I official University functions. The University shall present a list of official University functions and their dates to the board annually on or before January of each year for events in the subsequent fiscal (academic) year. In recognition of the value of utilities and maintenance provided by the University, the value of those services shall be credited to defray facility rental costs for official University functions. 7 .06 The Performing Arts Center will not be the exclusive home for any user group. The corporation will make every effort to accommodate the needs and schedules of local performing groups (whether campus based or community based) including those groups which present touring performers. However, no group shall have permanent rights to use the Performing Arts Center; all use shall be subject to the corporation's scheduling decisions. 7.07 Events of dissolution of the corporation will be addressed. In the event of dissolution of the operating agreement, the operation of the Performing Arts Center will revert to the University. In the event of dissolution, Trustees will give recognition to the City' s and Foundation' s financial contributions by guaranteeing community access to the facility for an agreed upon number of occasions annually. 7 .08 The corporation shall maintain the following types of amounts of insurance: a. Liability Insurance. The Corporation shall obtain and keep in force a policy or policies of public liability and property damage insurance with a single combined liability limit of not less than $5,000 ,000 .00, and property damage limits of not less than $500 ,000. 00 insuring against all liability of the Corporation arising out of and in connection with use or occupancy of the Performing Arts Center. The Trustees, the City and the Foundation shall be named as additional insureds. The Corporation shall maintain such other policies of liability as the board determines prudent. b. Property Insurance -- Premises. The Corporation shall obtain and keep in force a policy or policies of insurance covering loss or damage to the Performing Arts Center, including fixtures, - 11 - equipment, and improvements to the extent of at least one hundred percent (100%) of full replacement value, providing protection against all perils included within the classification of fire, extended coverage, vandalism, malicious mischief, special extended perils ("all risk, " as such term is used in the insurance industry) . These shall include demolition, increased cost of construction, and change in building law endorsements. c. Policy Form, Content, Insurer. All insurance required under this Agreement shall be issued by responsible insurance companies qualified to do business in California and reasonably acceptable to the parties. All such insurance shall be issued as primary, not blanket, policies. No such policy shall be cancelable or subject to reduction of coverage or other modification except after thirty (30) days prior written notice to the parties. 7 . 05 Unresolved issues, such as a definition of repair and a determination of which entity shall be responsible for repairs, shall be addressed. Additionally, the parties agree that the operating agreement or other appropriate agreement to be developed shall incorporate the following principles: a. The Performing Arts Center shall be operated by a nonprofit public benefit corporation formed by the parties to be known as the Central Coast Performing Arts Center Commission (the "Corporation") , or some other mutally agreeable name. b. The Corporation shall be governed by a board of directors consisting of seven persons (the "Board") . C. Membership. The corporation shall have no members, as provided in California Corporations Code Section 5310 . d. Powers and Responsibilities of Corporation. The Corporation shall be responsible for the operation of the Performing Arts Center, including the determination of appropriate operating policies. The Corporation shall be responsible for the artistic and financial success of the Performing Arts Center, including the continuous evaluation of the business and programming aspects of the - 12 - 9 —! Center. The Corporation will establish and maintain a calendar of scheduled events and available dates. e. Board of Directors. The Corporation shall be governed by a board of directors consisting of seven persons. f. Selection of Directors. The president of the University shall appoint three directors and three alternates. The City shall appoint two directors and two alternates. The Foundation shall appoint two directors and two alternates. g. Compensation of Directors. No director shall be compensated for services as such, except that directors may be reimbursed for actual expenses incurred as permitted by California Corporations Code Section 5231 .5 , and approved by the Board. h. Terms of Office. Directors shall be appointed for a three year term. Initial directors shall be appointed before the organizational meeting of directors. At the organizational meeting, directors shall decide by lot which three among them shall serve initial three year terms, which two shall serve initial two year terms and which two shall serve initial one year terms. A Director may be removed at any time without cause by the agency which appointed him or her. i. Board Functions. The Board shall annually approve and adopt a budget for the forthcoming year. The Board shall at least annually report to the three parties to this Agreement concerning the programming and financial situation of the Performing Arts Center. The Board will from time to time establish fee schedules, will have final authority for all decisions on booking policy and event programming, and will be advisory to the University on facility maintenance issues. j . Staff. The Board shall hire a professionally qualified general manager, who shall be responsible to and serve at the pleasure of the Board, and who shall develop operating procedures consistent with Corporation policy and operating necessity. The general manager shall be responsible for all administrative and operating matters as delegated by the Board, including but not limited to the hiring of other staff. 13 k. Quorum. A quorum shall consist of five members of the Board, including at least one representative from each of the three parties. 1. Officers. The Board shall select one of its members as Chairman and one as Secretary to serve at the pleasure of the Board. M. Voting. All actions of the Board will require the approval of five (5) members. n. Regular Meetings. The Board shall hold regular meetings, on a schedule to be agreed upon by the members; but, in any event, not less than every three months. o. Special Meetings. Special meetings may be called by the Chairman or by any two members. 1. p. Public Meetings. If the corporation seeks and is granted recognition as a recognized auxiliary organization pursuant to Education Code Section 89900 et seq. , its meetings shall be conducted in accordance with California Government Code Section 11120 et seq. (Bagley-Keene Act) . All meetings shall be held in the Performing Arts Center unless some other meeting place providing convenient public accessibility is specified in the notice of meeting. q. Bylaws. The Board shall, from time to time, adopt such bylaws, rules and policies not inconsistent with this statement of principles as it determines to be best suited to the internal operation of the Corporation and the operation and use of the Performing Arts Center. Proposed bylaws and proposed bylaw amendments shall be submitted to each of the three parties for review and comment, all in a timely manner. 14 8. Due Authorization. Each of the parties represents by executing this Agreement that he or she has been fully and completely authorized to do so and that he or she is empowered to bind the entity on whose behalf the Agreement is signed. Date: , 1988 THE CALIFORNIA STATE UNIVERSITY By Date: 1988 CALIFORNIA POLYTECHNIC STATE UNIVERSITY, SAN LUIS OBISPO By Date: , 1988 CITY OF SAN LUIS OBISPO By Date: 1988 FOUNDATION FOR THE PERFORMING ARTS CENTER By eA19/Foundation - 15 - -moo MEETI'•^ AGENDA DATE `c 6 '88 ITEM # San Luis Obispo Chamber of Commerce 1039 Chorro Street • San Luis Obispo, California 93401 • (805) 543-1323 David E. Garth • Executive Manager k Denotes action by Lead Person Respond by: L�.ounc� V.eAO ❑City Afty. December 6, 1988 ®Clerk-oris.. f-T. T. 69--Al6 Mayor and City Council Members: City of San Luis Obispo P.O. Box 8100 San Luis Obispo, CA 93403-8100 Dear Honorable Mayor and Council Members: The San Luis Obispo Chamber of Commerce is in enthusiastic support of a performing arts center developed cooperatively through the efforts of the City, Cal Poly and the Foundation for the Performing Arts. We inderstand this center will be located on campus at Cal Poly and operated by a governing board of representatives of each participating group. The agreement before you tonight has been long in the making and represents, in our opinion, the best in public-private partnerships. The concept of the center bodes great things for all of us in the community, and we are eager to see it move forward. Best regards, Conrad Byars Chamber Presi ent ACCREDITED CM.•GER OI CARYLYCI ......... ......c .. u neo awn