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CM-2015-980 - 11/13/2015CITY OF ROUND ROCK ARTS FUNDING AGREEMENT WITH SAM BASS COMMUNITY THEATRE This Arts Funding Agreement (the "Agreement") is made by and between the City of Round Rock, Texas (the "City") and the Sam Bass Community Theatre (the "Agency"), a non-profit corporation whose address is 600 North Lee Street, Round Rock, TX 78664. Pursuant to the terms of this Agreement, for fiscal year 2015-2016, the City hereby agrees to allocate Two Thousand Five Hundred and No/100 Dollars (S2,500.00) to the Agency to fulfill the public and municipal purposes outlined by the City and the Agency herein. 1.1 Purpose. 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 theatre performances. 1.2 Administration of Agreement. The City shall administer this Agreement. 1.3 Use of Funds. The Agency expressly acknowledges that the funds provided to it by the City will be used for FY 2015-2016 seasonal support. 1.4 Distribution of Funds. The parties expressly acknowledge and agree that the distribution of the funds shall be allocated as follows: S2,500.00 under the project name "Sam Bass Community Theatre Performances" The City will pay the total sum of Two Thousand Five Hundred Dollars ($2,500.00) 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 Expenditure of Funds. The Agency expressly acknowledges and agrees that it is legally responsible for spending the allocated funds before September 30, 2016. 1.6 Return or Repayment 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 eventiactivity/facility expenditure, any funds not spent on the approved eventiactivity/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 Relationship 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 6M -20/S -q90 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 Controls. 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 shall 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 term 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; [Type text] 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, 2015 and ends September 30, 2016. 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. EXECUTED B . Agenc re ntiChair, Boar o Trectots Date Signed Agen Chief Professional Officer (Paid Staff) City Manager, City of Round RooV, Texas FOR CITY, ATTEST: 0 [Type text] Date Signed 11,13-2'9/5 Date Signed Sara L. White, City 8eseetarp— 1R0'— of Round Rock Tows "°ROC` Agenda Item Summary Agenda Number: Title: Consider executing an Arts Funding Agreement with Sam Bass Community Theatre. Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 11/13/2015 Dept Director: Cost: Indexes: Attachments: Agrmt_Sam Bass.pdf, LAF_Sam Bass.pdf Department: Administration Text of Legislative File CM -2015-980 Consider executing an Arts Funding Agreement with Sam Bass Community Theatre. This agreement provides financial support for Sam Bass Community Theatre Performances in the amount of $2,500 and should be expended before September 30, 2016. Staff recommends approval, Cityof Round Rock Page 1 Printed on 11/12/2015