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Consider approving an amendment to the fiscal year 2024 Partnership Support Agreement with McMahon Auditorium Authority specifically for repair, renovation, restoration and maintenance of Carnegie Library and the National Guard Armory building.
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INITIATOR: John Ratliff, City Manager
STAFF INFORMATION SOURCE: Jason Poudrier, Arts and Humanities Administrator
BACKGROUND: At the February 14, 2023 Lawton City Council Meeting, the Trust Indenture of the McMahon Auditorium Authority(MAA) was expanded to include "providing and/or aid in providing proper operation, supervision and management of Carnegie Library Town Hall and National Guard Armory," and Lawton City Council approved an allocation of $350,000 to MAA to start repairing and restoring the buildings. The funds have yet to be allocated directly to McMahon Auditorium Authority.
With City of Lawton and MAA approval, Guernsey was paid $42,904 for design studies for each of the buildings by the City of Lawton, with the understanding that the payment would be subtracted from the originally approved $350,000 allocation of funds to MAA.
This amendment to MAA's Partnership Agreement authorizes the authority to finally, directly receive the remaining $307,096.00 ($350,000-$42,904) from the General Fund City At Large Contingency Account specifically for repair, renovation, restoration and maintenance of Carnegie Library and the National Guard Armory building.
Furthermore, contained within the agreement is language that requires MAA to abide by all City of Lawton purchasing policies and the Oklahoma Competitive Bidding Act, to the extent required by law.
EXHIBIT: First Amendment to the Fiscal Year 2024 MAA Partnership Support Agreement; FYE 6-30-24 AMENDED MAA BUDGET
KEY ISSUES: The McMahon Auditorium Authority has not been directly allocated the funds approved in conjunction with the City Council's approval of MAA's updated Trust Indenture accepting additional responsibilities regardin...
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