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FY 2023-24 Art in Public Places (APP) Annual ReportCONSENT CALENDAR ITEM NO. 19 City of La Quinta CITY COUNCIL MEETING: December 17, 2024 STAFF REPORT AGENDA TITLE: RECEIVE AND FILE FISCAL YEAR 2023/24 ART IN PUBLIC PLACES ANNUAL REPORT RECOMMENDATION Receive and file the fiscal year 2023/24 Art in Public Places Annual Report. EXECUTIVE SUMMARY • Per the Municipal Code, the City must expend or commit fees from the Art in Public Places (APP) program within two years of receipt and monies collected must be accounted for in a separate fund. • An annual review of administrative expenses is required. There were no administrative expenses for fiscal year (FY) 2023/24. • Attachment 1 presents the required analysis; the City has complied with the time limit for expenditure of fees and there are no findings to report. FISCAL IMPACT — None. BACKGROUND/ANALYSIS The City's APP fund is governed by the Municipal Code. Annually, the City must demonstrate that it has complied with the following: • A determination whether or not the fees have been committed for use within two years of collection. Fees may be used for: ✓ Cost of public art and installation; ✓ Cost to purchase or lease art sites; ✓ Waterworks, landscaping, lighting and other objects, which are an integral part of the artwork; ✓ Frames, mats, pedestals and other objects necessary for the proper presentation and installation of the artwork; ✓ Walls, pools, landscaping or other architectural or landscape architectural elements necessary for the proper aesthetic and structural placement of the artwork; 229 ✓ Maintaining and repairing artwork; ✓ Administrative expenses to otherwise implement the APP program; ✓ Endowments; and ✓ Art replacement. • Review administrative expenses to ensure they were reasonably assessed to implement this program and that they do not exceed 5% of the total funds in the account on July 1 of any year or $25,000 in any FY. If fees collected are not committed for the aforementioned uses, they are returned to the contributor. Staff analyzed APP fund revenues and expenditures, no reimbursements are due to contributors and there were no administrative costs. During FY 2023/24, APP funds were used to purchase art pieces, pedestal and mural design, and to maintain and preserve art pieces as detailed in Attachment 1. r---_ During FY 2023/24, the City unveiled a metal sculpture titled "Concourse Ribbon" created by Artist Noah Gowen, selected at the Spring Art Celebration event. The sculpture is pictured here and located at the City's Wellness Center. Also unveiled during the year is a piece featuring various botanical components titled "Morphotastic Copper Cosmos" created by Artist Michael Gard, selected at the Fall Art Celebration event. This piece is pictured here and located inside the City Hall lobby. Each year this report is also provided to the Desert Valley Builders Association (DVBA), the Building Industry Association (BIA), and the Gas Company. To date, no correspondence has been received regarding this report. .L TERNATIVES As this report is a requirement of the Municipal Code, staff does not recommend an alternative. Prepared by: Virginia Ortega, Finance Manager Approved by: Claudia Martinez, Finance Director Jon McMillen, City Manager Attachment: 1. Art in Public Places FY 2023/24 Annual Financial Report 230 City of LaQuinta ATTACHMENT 1 Art in Public Places (Fund 270) FY 2023/24 The Art in Public Places fund is used to account for fees paid in lieu of acquisition, installation, replacement, maintenance and repair of approved art works at approved sites. The fees are refundable if not expended or committed within two years. Beginning Ending Fund Balance Fund Balance Account Description at 7/1/2023 FY 23/24 at 6/30/2024 Revenues & Other Sources: Developer fees 131,312 Interest income 43,372 Transfers In from the General Fund 50,000 Total Sources $ 224,684 Expenditures & Other Uses Art Purchases 57,549 Maintenance of Public Art 62,745 Project Administration - Transfers Out for Construction Art Project 913 Total Uses 121,206 Total Available $ 871,361 $ 103,478 $ 974,839 Two Year Test Using First In First Out Method Beginning Revenues Summary of Funds Fund Balance Collected Expenditures Committed Unspent June 30, 2020 536,248 197,457 41,679 697,200 (5,174) June 30, 2021 692,026 135,933 63,345 729,200 35,414 June 30, 2022 764,614 189,831 120,748 766,522 67,175 June 30, 2023 833,697 145,711 108,047 734,211 137150 June 30, 2024 871,361 224,684 121,206 728,299 246:540 Total Revenue For Last Five Years 1 $ 893,616 1 $ 455,025 Result: Two Year Spent or Committed Test Met. Future commitments for unspent funds are detailed below Art in Public Places Expenses and Future Commitments Capital Projects and Expenses FY 23/24 Committed % Complete* % funded with fee Sculpture Restorations and Maintenance 57,959 100% 100% Acknowledgement Plaques and Signs 6,286 100% 100% Art Appraisals and Assessments 28,144 100% 100% LQAC Art Purchase: "Morphotastic Copper Cosmos" by Michael Gard 6,200 100% 100% LQAC Art Purchase: 'Pickle Ball" by Justin Coopersmith 500 100% 100% LQAC Art Purchase: 'Branches Triptych" by Noah Gowen 3,695 100% 100% SilverRock Park Pedestal Design 3,000 100% 100% Art Purchase: 'Remnants Totems" (3) by Cassidy Watt 2,500 100% 100% Art Purchase: "Concourse Ribbon" by Noah Gowen 2,000 100% 100% Art Purchase: "La Quinta Palms" by Jennifer Lashbrook 7,500 100% 100% Art Purchase: 'Remnants Totems" (2) by Cassidy Watt 1,260 100% 100% Mural Consultation Design (deposit) 1,250 - 100% 100% 111205 Dune Palms Bridge Improvements - 193,965 65% 1 % 201608/202334 SilverRock Event Space /Art Pedestals 913 301,334 96% 4% FY 2024/25 Bud et for Art Purchases and Maintenance 233,000 1 20% 1 100% Total 121,206 1 728,299 * Percentage completed as of June 30, 2024 231 232