Title
The Washington Center Operating Contract, Operational Budget, and Capital Needs
Body
Issue:
Discussion of current status of operational contract and proposed changes. Update on The Washington Center budget issues.
Committee Recommendation:
N/A
City Manager's Recommendation:
Provide feedback to staff regarding proposed changes to operational contract. Direct staff about future actions to help stabilize the Center's fiscal affairs.
Staff Contact:
Steve Hall, City Manager, 360.753-8370
Jane Kirkemo, Director of Administrative Services, 360.753-8499
Presenter(s):
Steve Hall, City Manager
Background and Analysis:
The City owns The Washington Center. It is operated by contract through a nonprofit organization directed by a volunteer Board of Directors. The economic recession has created budget challenges for the Center and lead the Board to embark on a revised business model for the Center. The Board has also recently hired a new Executive Director who will focus in large part on restoring fiscal balance in Center operations. The City and The Washington Center Board can consider a number of options to stabilize Center operations and ensure the Center's continued success.
Neighborhood/Community Interests (if known):
The Washington Center for the Performing Arts provides a venue for dozens of local performing arts organizations. Ensuring success of the Center will allow these groups to continue and to thrive.
Options:
1. Provide feedback to staff on the revised contract and options to continue the success of the Center.
Financial Impact:
N/A