Item 08 - Receive and File Bowers Museum Report

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City Manger's Office www.santa-ana.org/city-managers-office Item # 8 City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Staff Report June 4, 2024 TOPIC: Receive and File Bowers Museum Report AGENDA TITLE Receive and File Bowers Museum Report RECOMMENDED ACTION Receive and file. GOVERNMENT CODE §84308 APPLIES: No DISCUSSION During the budget discussion at the May 16t" Special City Council Meeting, City Council expressed interest in obtaining information regarding Bowers Museum budget and operations. History: The City of Santa Ana owns the Charles W. Bowers Memorial Museum, originally operated as a city -run museum from 1936 to 1987. In 1987, the Charles W. Bowers Museum Corporation (Corporation) was organized for the purpose of assisting the City in managing and operating the museum. The City and the newly established Corporation entered into an agreement April 20, 1987 for the Corporation to undertake full operation and maintenance of the Museum on behalf of the City for a period of 20 years. The Operating Agreement stipulated that the City would provide operating assistance, which would increase in accordance with cost of living for the first 10 years, and then decline to zero over the second 10 years. The agreement was amended in 1999 to stabilize funding for a period of five additional years before beginning to decline. In 2001, the City and the Corporation determined that it was not economically feasible for the Corporation to operate the Museum at a mutually acceptable level of programming and maintain the premises appropriately without permanent economic participation by the City. The City entered into an Amended and Restated Operating Agreement on June 18, 2001 (Exhibit 1). The agreement is for the term of May 1, 1987 through April 30, 2026, and the Corporation has the option for two 10-year extensions,