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CONTRACT NO. K-1213-42: A CONTRACT BY AND BETWEEN THE CITY OF NORMAN, OKLAHOMA, AND THE FIREHOUSE ART CENTER, INC., IN THE AMOUNT OF $60,000 FOR THE OPERATION OF THE FIREHOUSE ART CENTER LOCATED AT 444 SOUTH FLOOD AVENUE.
ACTION NEEDED: Motion to approve or reject Contract No. K-1213-42 with the Firehouse Art Center, Inc., in the amount of $60,000; and, if approved, authorize the execution thereof.
ACTION TAKEN: ____________________________________
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BACKGROUND: During the budgeting process for FYE 2013, a number of requests were specifically reviewed, discussed and approved by Council. Pursuant to those discussions, funding agreements were prepared and submitted to the various agencies for their execution. One of those agencies is the Firehouse Arts Center. Their funding agreement is now returned to Council for its approval.
DISCUSSION: The agreement which comes before Council at this time is the same agreement used in prior years for all agencies. The agreement provides that the Firehouse Arts Center will use City funds of $60,000 to operate the Center. The agreement includes a reporting procedure by the agency to the Council of expenditures of the funds in an amount not to exceed $60,000. The agreement also provides for cancellation by either party, and specifically provides for cancellation and return of any unexpended funds should the agency fail to use the funds for the purpose for which they are intended or should the agency be dissolved or cease to exist any time during the contract period.
The previous agreement with the Firehouse Arts Center included a clause allowing the agreement to renew automatically subject to Council’s appropriation of funding when adopting the budget. That clause is included in this agreement.
RECOMMENDATION: Based upon the above and foregoing background and discussion, it is staff’s recommendation that the funding agreement submitted herewith be approved. Funds are available for these services in Con...
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