Loading...
Staff Report/Hockaday Lease and Development Agreements City of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 - Telephone (406) 758-7000 Fax - (406) 758-7758 1W REPORT TO: Honorable Mayor and City Council FROM: James H. Patrick, City Manager SUBJECT: Hockaday Lease and Development Agreement MEETING DATE: November 27, 2006 BACKGROUND: The Hockaday Art Museum resides in the City owned Carnegie Building which is leased to the Museum. The current museum is in dire need of expansion in order to continue to support the cultural need of the community. The museum is growing, in membership and in the size of its permanent collection. The Hockaday Board has made a decision to keep the Art Museum in Kalispell and work with the City to expand the City owned facility. As Council is aware, $170,000 was approved in this year's budget to assist the Hockaday with the purchase of adjacent property for the purpose of expansion of the museum. The museum will pay for the expansion through a major capital fundraising campaign and manage the design and construction phases of the project. The Hockaday has hired an architect and is in the process of designing and getting a cost estimate for the full expansion project. To insure that this happens, Council needs to consider renewing the current Hockaday lease and enter into a development agreement for the purchase of the adjacent property. The lease needs to be renewed and extended. The Hockaday requests a thirty year lease much like the chamber lease agreement with the City. The expansion would be deeded to the City and be part of the lease terms. Key to beginning this process was the agreement of the city to assist in the purchase of the adjacent house and lot. As the Hockaday achieves key fundraising milestones, the City will forgive the debt over the next four to five years. The proposed milestones would be: 25% of the fund raising goal is met — City forgives 25% of debt. 50% of the fund raising goal is met and architectural design completed and presented to Council — City forgives 25% of debt. Ground Breaking — City forgives 25% of debt. Grand Opening — City forgives 25% of debt. For future thought, the Hockaday has also determined that the property south of the "red house" may also be available for purchase. There has been discussion with the owners and the Hockaday and the Museum will obtain an appraisal to determine a fair asking price for the property. If this property could be secured then the projected expansion plans could incorporate this area for a future building expansion area and additional parking for the museum and for downtown benefiting both the City and Museum. Hockaday requests Council to consider, in the next year's budget that the City contributes 2/3 of the asking price and the Hockaday will contribute 1 /3. Final terms are being negotiated with the owners and it appears that the owners may occupy the house for two years. RECOMMENDATION: Council direct staff to prepare a lease and development agreement for the Hockaday Art Museum. Council consider the Hockaday request for future property purchase at the budget meetings. FISCAL EFFECTS: These funds were budgeted in this year's budget and the concept discussed at the budget meetings. The overall fiscal effects will be positive once construction is completed and more of the collected art can be displayed drawing more visitors to Kalispell. Hockaday Arts Museum recently received a sizable grant from the Indian Education Fund for the purpose of teaching Flathead County residents the history of Indian Art. Hockaday Museum of Art is currently negotiating the display and restoration of major art pieces from Glacier National Park lodges. These are all partial reasons for the needed expansion. ALTERNATIVES: As suggested by the City Council. Respectfully submitted, James H. Patrick, City Manager Charles A. Harball Office of City Attorney City Attorney 312 First Avenue East P.O. Box 1997 Kalispell, MT 59903-1997 10 1 of►l \ 1 \/ TO: Mayor Pamela B. Kennedy and Kalispell City Council FROM: Charles Harball, City Attorney James H. Patrick, City Manager Tel 406.758.7708 Fax 406.758.7771 charball@kalispell.com SUBJECT: Authority to Approve Hockaday Museum of Art Lease MEETING DATE: Monday, December 4, 2006 — Regular Meeting BACKGROUND: The current lease that the City has with the Hockaday Museum of Art was entered into on June 20, 2001. Hockaday has determined that the space available for their services in this facility is extremely limiting to them and an opportunity has arisen in which the neighboring property is now available to purchase. Hockaday is therefore requesting a new lease with an extended term so that a capital campaign may be successfully initiated to raise the necessary funds to construct an addition to the existing facility. This issue is essentially identical to the Chamber of Commerce request on the Depot Park lease. A draft of the proposed lease is attached. RECOMMENDATION: That City Council give the City Manager the authority to enter into the attached lease on behalf of the City. FISCAL EFFECTS: Although the City does not receive more than a nominal sum from rent payments, the Hockaday oversees the maintenance of the property and provides the services to the Kalispell City community of displaying and purveying fine arts and other cultural amenities. Respectfully submitted, 01 ty Attorney GJ4aes H. Patrick, City Manager COMMUNITY DEVELOPMENT -REVOLVING FUND FUND: 2880-480-470240 11 V It 1i N as 1 ACTUAL BUDGET ACTUAL BUDGET FY06/07 FY07/08 FY07/08 FY08/09 Redevelopment Activity 708 Redevelopment Distribution to County $149,935 $7,422 $0 $5,088 709 Redevelopment Activity $0 $0 $0 $100,000 711 IRP -Rural Development Match $0 $150,000 $150,000 $0 710 Hockaday Grant $178,000 $0 $0 $0 720 Eagle Transit $15,000 $15,000 $15,000 $15,000 Total Redevelopment activity $342,935 $172,422 $165,000 $120,088 Capital Improvements 934 Capital Improvements -Skyline Bowl 950 Capital Improvements Hwy 93 & Hwy 2 -Bronzes Total Capital Improvements $75,000 $30,000 $0 $75,000 $30,000 $55,000 $55,000 Total $342,935 $247,422 $195,000 $175,088 188