Laserfiche WebLink
ilk Request for Action <br /> River <br /> To Item Number <br /> Economic Development Authority 3.5 <br /> Agenda Section Meeting Date Prepared by <br /> Consent October 19, 2015 Amanda Othoudt, EDD <br /> Item Description Reviewed by <br /> Public Art Installation funding authorization Cal Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Approve,by motion, the transfer of$15,400 to the Other Professional Services line item to pay for the <br /> Public Art Installation of the Whimsical Windmill. <br /> Background/Discussion <br /> In 2014, the EDA approved the Powered by Nature Public Art Initiative. Eight art submissions were <br /> accepted by the EDA. In January of 2015, a judging panel awarded the project to Carl Zachmann. The <br /> Whimsical Windmill was installed and publicly unveiled in September 2015. <br /> The total budget for this project was $17,000,with$12,000 to be paid to the artist and$5,000 budgeted <br /> for installation. The project was not completed in 2014, so these funds were rolled into the EDA fund <br /> balance reserves at year end to be used in 2015. The cost of the installation of the sculpture was $3,400 <br /> which was $1,600 less than originally anticipated.The total cost of the public art and installation comes to <br /> $15,400. <br /> The project is now complete and final payment is requested by the artist. <br /> Financial Impact <br /> Transfer$15,400 from the EDA Cash reserves for the cost of the public art and installation costs. Each <br /> year thereafter, the EDA should budget for maintenance and repairs to the sculpture. <br /> Attachments <br /> N/A <br /> P-IuEREI 11 <br /> Template Updated 4/14 NATURE <br />