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HomeMy WebLinkAbout11/19/1991, C-7 - CONSIDERATION OF THE PROMOTIONAL COORDINATING COMMITTEE'S RECOMMENDATION TO APPROVE A MID-YEAR FUNDING REQUEST FROM THE FOUNDATION FOR THE PERFORMING ARTS CENTER. "�� i ►�IIIII Ia���l city of san LUIS osIspo MEETING DATE 11-19-91 MIGs COUNCIL AGENDA REPORT Imo"'NUMBERn FROM: Ren Hampian, Assistant City Administrative OfficerA:f� Prepared By: Alison Lloyd, Administrative Analyst SUBJECT: Consideration of the Promotional Coordinating Committee's recommendation to approve a mid-year funding request from the Foundation for the Performing Arts Center. CAO RECOMMENDATION: By motion, approve the Promotional Coordinating Committee's recommendation to grant to the Foundation for the Performing Arts Center $3,709, and authorize the CAO to prepare and execute an appropriate contract for administration of the funds. DISCUSSION: Background At the Promotional Coordinating Committee meeting on October 9, 1991, the Foundation for the Performing Arts Center presented a request for funding in the amount of $4, 000. The Foundation requested the funds for their new Youth Outreach Program (YOPAC) . The program is designed to create an awareness of the Performing Arts Center and to develop an audience among the community's young people for the future center. To facilitate this process, a variety of in-school workshops and off-site events and a teacher training workshop are scheduled during 1991-92. Preparatory and follow-up educational materials will also be provided to help enhance the students' experience of the performances. During the discussion, the PCC asked the Foundation why they had not applied for funding through the Grants-In-Aid process. The Foundation explained that the program received a grant from Pacific Telesis Foundation in March, which was after the 1991-92 Grants- In-Aid process was already underway. The Foundation noted that the grant monies were used to assist several schools with busing and admission costs to YOPAC performances. However, as the funding was limited, the Foundation was forced to turn down requests from a number of schools for this kind of assistance. With the financial hardships facing the schools, the Foundation is concerned that without funding support from the PCC, many young people may be denied the opportunity to experience the performing arts. The Foundation's application was reviewed and discussed by the full PCC. The PCC determined that the request was consistent with their Grants-In-Aid criteria, and their recently adopted reserve guidelines (Attached) . As a result, the PCC recommended allocating a portion of their Grants-In-Aid funding reserve to the Foundation for the Performing Arts Center for their Youth Outreach Program. C7-1 ljjjmll��Jpgfj city of san Luis osispo 111110 , COUNCIL AGENDA REPORT Contract If the Council supports the PCC recommendation to fund the Foundation for the Performing Arts Center $3 , 709, it would be staff's intention to enter into a contract with the Foundation. It is important to note that the contract will be monitored by staff and the PCC to ensure compliance with guidelines set forth in the agency's proposal. Monitoring will be accomplished through semi-annual reporting, in which program activities and expenditures are detailed. In addition, the Foundation for the Performing Arts Center will be assigned a liaison from the PCC who will attend the agency's board meetings, receive reports, and will provide update periodically at regularly scheduled meetings. FISCAL IMPACT: As part of the approval of the FY 1991-93 Financial Plan, the City Council allocated $86,240 for PCC Grants-In-Aid activities for 1991-92 . During the Grants-In-Aid process, the PCC did not allocate the entire sum. They set aside $7, 709 in their budget in an effort to accomodate the Council 's desire to establish a reserve to address unanticipated funding needs that might arise during the year. If the Council approves the PCC recommendation to fund the Foundation for-the Performing Arts Center Youth Outreach Program, $3,709 will be allocated from this reserve, leaving a balance of $4,000. ATTACHMENT: 1 Reserve Guidelines * The Foundation for the Performing Arts Center application for PCC GIA funding is available in the City Council reading file. I C 7-z/ PROMOTIONAL COORDINATING COMMITTEE GUIDELINES FOR USING GIA RESERVE * Reserve monies are available to any non-profit agency that meets established criteria for the grants-in-aid program. (See Exhibit 1) * Reserve monies can be used to fund start up costs for new oroorams or extraordinary needs that arise after adoption of the annual grants-in-aid budget * Requests for use of reserve funding must come jointly from an agency's Board of Directors and Executive Director. * Requests for funding must include a detailed description of what the monies are being requested for, how the monies will be spent, and why the existing budget cannot accommodate the expenditure. * Requests for funding will be reviewed in accordance with established criteria for the grants-in-aid program. (See Exhibit 1) dh\giareserv2 aV ATTACHMENT 1