00-5610 Intent Fox GrantC111 d111d Sxwa
RESOLUTION NUMBER 00-5610
A RESOLUTION OF INTENT TO PROVIDE A CAPITAL GRANT FOR
RESTORATION AND RE -USE OF THE HISTORIC FOX THEATRE IN DOWNTOWN
SALINA.
WHEREAS, on March 20, 2000, the Board of City Commissioners of the City of Salina,
Kansas adopted Resolution Number 00-5578 expressing strong support of the restoration and re -use
plans for the Historic Fox Theatre located in downtown Salina (the "Project") developed by the Historic
Fox Theatre of Salina Foundation, Inc. (the "Foundation"); and
WHEREAS, the City Commission wishes to reiterate its expression of support for the
Project and its determination that the Project will add significantly to Salina's economic vitality,
downtown revitalization, historic preservation, entertainment opportunities, and overall quality of life;
and
WHEREAS, the City Commission wishes to express its intent, and to encourage any future
boards of City Commissioners, to recognize the beneficial public purposes that completion of the
Project will serve by matching a certain level of significant private support for the Project with a grant
of city funds for specific capital costs required to complete the Project; SO NOW THEREFORE
BE IT RESOLVED by the Governing Body of the City of Salina, Kansas:
Section 1. That the Governing Body finds that completion of the Project will serve the
public purposes of adding significantly to Salina's economic vitality, downtown revitalization, historic
preservation, entertainment opportunities, and overall quality of life.
Section 2. That it is the intent of the Governing Body to make a capital grant to the
Foundation in the amount of $750,000 (the "Grant") upon the following conditions and in the following
manner.:
a. It is the intent of the Governing Body that the Foundation qualify for
the Grant by documenting the receipt or commitment of other funding (including, for
example, individual and corporate donations, state or federal grants, and any other
similar revenue sources) totaling $2,150,000. The first half of the Grant ($375,000)
would be paid by the City to the Foundation in the same calendar fiscal year as the
required amount of other funding is attained. The second half of the Grant
($375,000) would be paid by the City to the Foundation at the beginning of the next
following calendar fiscal year for the City.
b. As has been suggested by the Foundation, following completion of
the Project the City will be allowed use of the Fox Theatre without charge for four
mutually agreed upon dates each year. It is the intent of the Governing Body that
two of the four dates be for community arts and cultural activities as recommended
by the Salina Arts and Humanities Commission and that the remaining two dates be
allocated by the Governing Body for charitable, not -for —profit uses.
C. The Grant funds shall be used for actual capital costs incurred in
completion of the Project. The Foundation shall account to the City in order to verify
use of the Grant funds for that prescribed purpose.
Section 3. That this resolution of intent shall be in full force and effect from and after its
adoption and shall expire at 5:00 p.m., December 31, 2001.
Adopted by the Board of Commissioners and signed by the Mayor this 19'h day of June,
2000.
Alan E. Jilka, �iyvoyr_z�
(SEAL)
ATTEST:
bara R. Weber, Acting City Clerk