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CM-2021-277 - 10/22/2021CITY OF ROUND ROCK ARTS FUNDING AGREEMENT WITH ROUND ROCK BALLET FOLKLORICO This Arts Funding Agreement (the "Agreement") is made by and between the City of Round Rock, Texas (the "City") and the Round Rock Ballet Folklorico ((he "Agency"), a non- profit corporation whose address is 2333 Centennial Loop, Round Rock, Texas 78665. Pursuant to the terms of this Agreement, for fiscal year 2021-2022, the City hereby agrees to allocate Five Thousand and No/100 Dollars ($5,000) to the Agency to fulfill the public and municipal purposes outlined by the City and the Agency herein. 1.1Purpose. The City has in good faith determined that this Agreement serves a public and municipal purpose. This public and municipal purpose includes, but is not limited to, the Agency's efforts to produce multiple Ballet Folklorico performances. 1.2 Administration of Agreement. The City shall administer this Agreement. 1.3 Un of Funds. The Agency expressly acknowledges that the funds provided to it by the City will be used between October 1, 2021 and September 30, 2022 for seasonal support. lA Distribution of Funds. The parties expressly acknowledge and agree that the distribution of the funds shall be allocated as follows: $5,000 under the project name "Ballet Folklorico Performances" The City will pay the total sum of Five Thousand Dollars ($5,000) to the Agency at such time as the funds have been approved by the City for disbursement. Said payment is contingent upon the Agency timely submitting all necessary and/or City -requested documentation. 1.5 Deadline for ExRenditure of Funds., The Agency expressly acknowledges and agrees that it is legally responsible for spending the allocated funds before September 30, 2022. 1.6 Return or Regayment of Funds, The Agency expressly acknowledges and agrees that it is legally responsible for returning, within thirty (30) calendar days from date of the funded event/activity/facility expenditure, any fiends not spent on the approved event(activity/facility, and/or any funds spent but which do not mirror items outlined in the Agency's completed applications for funding, and/or any funds not spent in accordance with this Agreement or governing statutes. 1.7 Reladonshi) of Parties. Nothing contained herein, either explicitly or implicitly, shall be deemed or construed to make the City the agent, servant, or employee of the Agency, or to create any partnership, joint venture, or other association between the City and the Agency. Alternatively, nothing contained IN,, Zo 2/— 2-7-7 herein, either explicitly or implicitly, shall be deemed or construed to make the Agency the agent, servant, or employee of the City, or to create any partnership, joint venture, or other association between the Agency and the City. 1.8 Principles and Contrgls. In administering the handling of contributed public funds, the City and the Agency agree to certain basic principles which are essential to maintain community acceptance and support, which are as follows: a. The Agency shall maintain its status as a voluntary, non- profit corporation under section 501(c) (3) of the Internal Revenue Code, unless exempted by federal guidelines; b. The Agency shalt remain in good standing under the laws of the state of Texas; C. The Agency shall notify the City of major programmatic and administrative changes which could substantially affect the Agency's operation and service delivery, or its activities; d. The Agency shall actively maintain a current list (including tern of office) of the Agency's directors, as well as regular meeting times of its board of directors, and shall provide same to the City; C. The Agency shall actively maintain minutes of its board meetings and detailed financial reports which include detailed comparisons of budgeted and actual activity and change in financial position and shall provide same to the City. Such reports shall be attested to by the Agency's board, and shall be provided on a regular and timely basis, or more frequently as specifically requested by the City; f. The Agency shall provide adequate liability insurance coverage for the Agency, and does hereby hold harmless the City and its employees, designees, and agents from any and all liability for any damage or injury caused to any employee, client, patron, agency, visitor or guest of the Agency; g. If an independent public accountant prepares an annual audit or review in accordance with generally accepted accounting standards, the Agency shall provide a copy of such report to the City; h. The Agency shall prepare a detailed annual budget, translating program service plans into financial terms, and shall provide a copy of this budget to the City. Such budget must have comparative columns showing previous year and current year actual and proposed budget figures. Revenues should be categorized by major source and expenses categorized by purpose; L The Agency shall be responsible for generation of support for its programs, and shall not rely solely on the City for funding of its programs; j. The Agency shall allow the City to conduct inspections of the Agency's premises and operations at any time the City deems it necessary and/or beneficial to the City, and the Agency shall allow the City to conduct audits of the Agency and its financial records at any time the City deems it necessary and/or beneficial to the City; and k. The Agency shall complete and timely submit the attached "City of Round Rock Post Event Funding Report." Included with this report, the Agency must include receipts for all expenditures of allocated City funds. 1.9 Term of Agreement. This Agreement shall be in effect for the City's fiscal year which begins October 1, 2021 and ends September 30, 2022. 1.10 Entire Agreement, This Agreement constitutes the entire agreement between the City and the Agency. No oral agreements are in effect pertaining to this Agreement. Any changes or modifications to this Agreement must be made in writing with the consent of both parties, duly acted upon by formal action of the City Manager or City Council of the City of Round Rock, and by the governing body of the Agency. 1.11 Assignability, This Agreement cannot be assigned or transferred in whole or in part without the written consent of both the City and the Agency. EXE ED BY Age c P ident. Chair, Board of Directors Age y Chief Professional Officer (Paid taff) City Manager, City of Round Roe l , Tex FOR CITY, ATTEST: By: <:�� Sara L. White, City Clerk Date Signed Date Signed Date Signed IE OUNO ROLK XAS City of Round Rock Agenda Item Summary Agenda Number: Title: Consider authorizing Arts and Culture Grant Funding Agreement FY22 for Round Rock Ballet Folklorico in the amount of $5,000. Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 10/22/2021 Dept Director: Will Hampton Cost: $5,000.00 Indexes: Hotel Occupancy Tax Fund Attachments: Round Rock Ballet Folklorico signed Department: Communications & Marketing Text of Legislative File CM-2021-277 Annual Arts and Culture Funding Agreement for October 1, 2021 September 30, 2022. Cost: $5,000 Source of Funds: HOT Funds City of Round Rock Page 2 of I