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HomeMy WebLinkAboutAgenda Report - April 17, 1991 (64),� OF CITY OF LOD1 COUNCIL COMMUNICATION 044 �•,► 00 AGENDA TITLE: Renovation Plans for Hutchins Street Square Auditorium MEETING DATE: April 17, 1991 PREPARED BY: City Manager RECOMMENDED ACTION: That the City Council hear the request of the Old Lodi Union High School Site Foundation for funding in the amount of $170,000 for the development of plans for the renovation of the Hutchins Street Square auditorium, and take action as deemed appropriate. BACKGROUND INFORMATION: Attached (Exhibit A) is a copy of a letter prepared by Dennis Bennett, Foundation Chairman, requesting that the City of Lodi "front" the money necessary for the development of plans for the renovation of the auditorium. As with past advances, the Foundation will once again ensure the City the ultimate repayment of the amount requested. Mr. Bennett will be in attendance at Wednesday night's meeting to present this request. The only available source of funding, should this request be approved, is the General Fund Operating Reserve. It has been the City's policy over the years to maintain a balance in this reserve fund in an amount approaching two month's appropriations to carry the City through any unforeseen fiscal emergency. This would be 15% of the total appropriations. The current balance in this fund stands at 7.5% of the total appropriations, a little less than one month's reserve. One reason for the decline in the percentage of reserve is that during the past few years it has not been possible to transfer to the General Fund Operating Reserve each year sufficient funds to maintain the two month's figure. Another is that at certain times this fund has been tapped to fund negotiated Memorandums of Understanding. The staff will be prepared to discuss this further at Wednesday night's meeting. FUNDING: General Fund Operating Reserve Resp fully submitted, Thomas A. Peterson City Manager TAP:br Attachment CCCOM180 00 APPROVED: _ THOMAS A. PETERSON ` Clty Manager J CC -1 1:\II Ibll ;. HUTCHINS STREET February 28, 1991 SQUARE Honorable Mayor David Hinchman rienm• 11-11 h,irman City of Lodi C 221 W. Pine Street Onnt, t.ince ."+<.(),.;rn.n Lodi, California 95240 ,Dann H,dhnan Sr<.narr Dear Mayor Hinchman, $hrri tiiaflory rrnar ' The development of Hutchins Street Square during the past twelve years has been a source of Strsar! A,tam ,trn,n ltn:l;ny;t.•n pride for the constituents of the greater Lodi !°'t••'�; (A6,r'w area. No other city in the state car_ boast the !:•r...., . is ;nK dedication and generosity of our local .individuals " r `r'r "•' and businesses alike who claim responsibility for l hn+t Gmq+c.•n building a facility like Hutchins Street Square. As chairman of the Old Lodi Union High School Rrd•n., Kidd. CIA Site Foundation, I have been privileged to be part of this metamorphosis and participate in the _ development of the once abandoned high school. P 9 Each year the Foundation strives to complete another piece of this ten -acre facility. To date, we have added outdoor playing fields, parking facilities, a Fine Arts building and most recently a Senior Complex. We are now ready to address the renovation of the auditorium. Preliminary discussions with the arcl.itects, Wenell, Mattheis and Bowe, have shown the first phase of design to be investigative work, which includes many hours of community review, following with a schematic and preliminary design. The anticipated cost of these services will be approximately $170,000.00. The renovation of the auditorium will fill a void in this community as we attempt to retain historical reference while providing the new theatre interior completely state-of-the-art. We need to begin this work to be successful in selling the project to potential donors of the auditorium fund. Our 'investors' need to visualize what their contributions will provide for the benefit of all Lodi. 1R1TC}IINS AND OAK STREET/ 125 S. 11UTCHINS, St1ITE A/ MIA, CA 95240 / 204-333-6782 Page 2 Mayor Hinchman Our past relationship with the City has been one of cooperation and we are asking to continue that association with the City fronting the funds for architectural services, with the Foundation assuming the responsibility of coordinating the design efforts and insuring the City a return of their monies. As always, the Foundation stands ready to work with the City in cooperation with our large cadre of volunteers to complete the task of building Hutchins Street .Square. Sincerely, � l. enn I -I Bennett, Chairman Old L.U.H.S. Site Foundation DGBI tm