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HomeMy WebLinkAboutAGENDA REPORT 2012 0606 CC REG ITEM 10E ITEM 10.E. City Council h4eetinq MOORPARK CITY COUNCIL AGENDA REPORTclr� ,.e6_ TO: Honorable City Council FROM: Steven Kueny, City Manager PREPARED BY: Hugh R. Riley, Assistant City Manager DATE: May 1, 2012 (CC Meeting of 6/6/12) SUBJECT: Consider Rescinding May 16 2012 Action Regarding the Proposal from the Moorpark Foundation for the Arts to Lease and Assume Operating Control of the High Street Arts Center on July 1, 2012 BACKGROUND On May 16, 2012 the City Council authorized the City Manager to negotiate a Lease and Operating Agreement with the Moorpark Foundation for the Arts to assume operating control of the High Street Arts Center. Since the High Street Arts Center is presently the responsibility of the Successor Agency to the Redevelopment Agency of the City of Moorpark (SARA), it is more appropriate for SARA take this action. The City is planning to become the successor to the SARA regarding ownership of the High Street Arts Center and the Lease and Operating Agreement between the Foundation and SARA will contain provisions to address this. STAFF RECOMMENDATION Rescind May 16, 2012 Action on this Item and approve a separate operating agreement between the City and the Foundation with the same terms and conditions to effectuate the proposed $25,000 payment subject to final language approval by the City Manager and the City Attorney. 203