HomeMy WebLinkAboutPSAM - Carryover of Funds - Imprvmnts Prjct PH2CITY OF PALM DESERT
OFFICE OF THE CITY MANAGER
STAFF REPORT
REQUEST: REQUEST TO APPROPRIATE AND CARRY OVER FUNDS FOR THE
PALM SPRINGS ART MUSEUM, PALM DESERT IMPROVEMENTS
PROJECT (PHASE TWO).
SUBMITTED BY: Stephen Y. Aryan, Risk Manager
DATE: June 26, 2014
CONTENTS: Joslyn Center FY 2014/15 Budget Executive Summary
Recommendation
By Minute Motion, appropriate $40,355 from FY 13/14 and carry over to FY 14/15
from Account No. 110-4800-454.38 for the Palm Springs Art Museum, Palm Desert
Improvements Project (Phase Two).
Background
On July 1, 2010, the City entered into a lease agreement with the Palm Springs Art Museum
(Museum) concerning the former Visitor Center located at 72-567 Highway 111. The lease
agreement requires that the City fund the installation of bases/foundations and lighting fixtures
for the sculptures. The Museum previously installed a total of nine art pieces that are available
for public viewing. Museum officials indicated that they are ready to commence with installation
and relocation of additional sculptures (Phase Two). As the fiscal year is soon ending, staff
recommends carrying over the $40,335 currently budgeted in FY 2013/14 to FY 2014/15.
Fiscal Analysis
There is no fiscal impact with this request as funds are already budgeted. Staff will return with
the final cost of the phase two project once it is budgeted and request an additional_
appropriation if necessary.
Submitted By:
Stephen YLArya
ReviewedJav
Paul . Gibson, Director of Finance
Approval:
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Rudy Acosta, A/City Manager