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HomeMy WebLinkAbout10-49FEBRUARY 9, 2010 10 -49 RESOLUTION (CARRIED 6 -0 LOST LAID OVER WITHDRAWN ) AS AMENDED PURPOSE: DIRECT STAFF TO BEGIN DISCUSSION OF CONTRACTUAL ISSUES REGARDING GRAND WITH GRAND OPERA HOUSE FOUNDATION INITIATED BY: MAYOR ESSLINGER & DEPUTY MAYOR PALMERI WHEREAS, the City of Oshkosh has entered into an agreement with the Grand Opera House Foundation to operate and maintain the Grand Opera House; and WHEREAS, the City of Oshkosh has entered into a contract with the Grand Opera House Foundation for said purpose; and WHEREAS, the city's current contract with the Grand Opera House Foundation automatically renews every five (5) years unless the city provides the Grand Opera House Foundation with notice that it does not intend to renew this contract; and WHEREAS, the city's automatic renewal of its contract with the Grand Opera House Foundation took effect on January 1, 2010; and WHEREAS, the Grand Opera House recently underwent a major renovation to repair structural deficiencies in its roof at a cost of $1.8 million, of which $500,000 was funded through a State of Wisconsin grant, $250,000 through a pledge from the Grand Opera House Foundation, and remaining funding from the City of Oshkosh; and WHEREAS, the unforeseen costs have resulted in the city assuming responsibility for improvements that were not anticipated or budgeted by the city, and the city wishes to limit its exposure for such costs in the future; and WHEREAS, the Grand Opera House Foundation has indicated its willingness to begin discussions with the city to consider terms of its current contractual arrangement between the city and the Grand Opera House Foundation; FEBRUARY 9, 2010 10 -49 RESOLUTION CONT'D NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh that: 1. The City Council directs staff to meet with Grand Opera House Foundation representatives and up to two (2) members of the City Council (Mayor Paul Esslinger and Deputy Mayor Tony Palmeri) to discuss possible contract amendments to the agreement between the City and Grand Opera House Foundation for operation of the Grand Opera House. 2. Topics that may be discussed during these meetings may include, but are not limited to the following: a. Review of current contract and responsibilities of each party. b. Current financial impact to the City of Oshkosh. c. Discussion of activities that may be undertaken by the Grand Opera House Foundation to raise funds to operate the Grand Opera House with less financial support from the city. d. Discuss possible transfer of the Grand Opera House building to the Grand Opera House Foundation or another successor, non - profit organization. 3. To discuss any other items of interest of mutual concern to the city and the Grand Opera House Foundation. Bold & Italics Indicates Amendment