The Director of the Mayor’s Office of Cultural Affairs recommends that City Council amend Ordinance No. 2013-1146, to increase the spending authority for the contract payments from Hotel Occupancy Tax revenue to the Houston Arts Alliance, the Houston Museum District Association, Miller Outdoor Theatre Advisory Board, Inc, and Theater District Improvement, Inc, from $85,931,675 to $89,013,773. The additional spending authority is needed to sustain the department’s projected contractual payments through the end of the awarded term December 31, 2019. The increased amount is based on the latest projection from Houston First Corporation with a 2.5% contingency. All other terms and conditions shall remain as previously approved by City Council.
This award began January 1, 2014 for a 5-year term and was approved with a 1-year extension on February 7, 2018 due to the devastating impact of Hurricane Harvey, which included at least 71 nonprofit cultural groups impacted with storm damage and loss of revenue. Payments as of October 31, 2019 total $85,262.230.20.
The initial spending authority will be exhausted prior to contract’s expiration date as a result of not increasing the spending authority at the time the contract was extended an additional one-year in December 2018.
Fiscal Note:
Funding for this item is included in the FY2020 Adopted Budget. Therefore, no Fiscal Note is required as stated in the Financial Policies.
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Debbie McNulty, Director
Mayor's Office of Cultural Affairs
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Estimated Spending Authority
|
|
DEPARTMENT
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Fiscal Year 2020
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OUT YEARS
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TOTAL
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| Mayor's Office - Office of Cultural Affairs |
$3,082,098
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$0
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$3,082,098
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