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File #: 15-1226   
Type: Real Property Lease
In control: City Council A Session
On agenda: 5/21/2015
Posting Language: An Ordinance for the Blue Star Arts Complex Capital Expansion Master Plan, a 2012-2017 Bond Program project located in Council District 1, authorizing the execution of a funding agreement with the Contemporary Art for San Antonio d/b/a Blue Star Contemporary Art Center in an amount not to exceed $250,000.00 to execute improvement related to the Blue Street Capital Expansion Master Plan; and authorizing the execution of a 20 year sublease and leaseback of an 11,000 square foot facility located at 116 Blue Star at a rate of $1.00 per year for the Capital Expansion Master Plan at the Blue Star Arts Complex. [Peter Zanoni, Deputy City Manager; Mike Frisbie, Transportation & Capital Improvements]
Attachments: 1. Blue Star Funding Agreement (final), 2. Blue Star Site Map, 3. Draft Ordinance, 4. Ordinance 2015-05-21-0437
DEPARTMENT: Transportation & Capital Improvements


DEPARTMENT HEAD: Mike Frisbie, P.E.


COUNCIL DISTRICTS IMPACTED: Council District 5


SUBJECT:

Funding Agreement: Blue Star Arts Complex Project


SUMMARY:

An Ordinance for the Blue Star Arts Complex Capital Expansion Master Plan, a 2012-2017 Bond Program project located in Council District 1, authorizing the execution of a funding agreement with the Contemporary Art for San Antonio d/b/a Blue Star Contemporary Art Center in an amount not to exceed $250,000.00 to execute improvement related to the Blue Street Capital Expansion Master Plan; and authorizing the execution of a 20 year sublease and leaseback of an 11,000 square foot facility located at 116 Blue Star at a rate of $1.00 per year for the Capital Expansion Master Plan at the Blue Star Arts Complex.

BACKGROUND INFORMATION:

On May 12, 2012, San Antonio voters approved the 2012-2017 Bond Program, consisting of five propositions totaling $596 million. The Bond Program funds will be used on various capital improvement projects to address community infrastructure needs and improve the overall quality of life in San Antonio. As part of that program, $250,000.00 in Library, Museum and Cultural Arts Improvements General Obligation Bond funds was approved for the capital expansion master plan at the Blue Star Arts Complex.

Located at 116 Blue Star, the Blue Star Contemporary Art Center was opened in 1986 as an exhibition space for local contemporary artists, and hosts over 20 exhibitions each year, with an estimated 300,000 visitors. The Blue Star Arts Complex building improvements that will be identified in the to-be-developed master plan are related to structural and life safety. Project design for the structural and life safety improvements is anticipated to begin in June 2015. The Project construction is anticipated to begin in September 2015 and estimated to be completed in August 2016.

The Funding Agreement with the Bl...

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