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7. BOARD, COMMISSION AND COMMITTEE REPORTS A. Report from the Mayor's Task Force on the Fox Theatre use and funding (1307-01) REPORT: City Manager, August 3, 1992 Mayor La Berge recognized and thanked the members of the Task Force and acknowledged the many interests represented by them: City Council, City staff, Historic Resources Advisory Committee, Civic Cultural Commission, Peninsula Center Stage, Chamber of Commerce, Planning Commission, Senior Affairs Commission, Hispanos Unidos and the Downtown Association. City Manager Everett presented a short overview of the history of the task force and its objectives: In granting $15,000 to the Civic Cultural Commission, the Task Force wished to financially assist the Commission in bringing more cultural events to the City; and in granting $30,000 to the PCS, the Task Force wished to forge a partnership between the Fox Theatre and Downtown Redwood City, to encourage historical designation, and to foster greater cultural activity in the area. 1) M/S: Stangel/Greenalch approve an allocation of $15,000 from the general fund to the Civic Cultural Commission to support three community cultural events at the Fox Theatre CARRIED BY UNANIMOUS ROLL CALL VOTE. MINUTE ORDER NO. 92-124 2. TITLE READ. M/S: STANGEL/GREENALCH RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF AGREEMENT WITH PENINSULA CENTER STAGE, INC., CONCERNING FOX THEATRE Councilwoman Buchan recalled her comments made in March of this year advising she would reach her decision on a $30,000 grant to PCS based on the conditions of the final agreement. Councilwoman Buchan stated that since that time the financial conditions of the City have changed due to the state budget crisis and suggested that Council delay a decision on this expenditure until after the state delivers its budget and the impacts on the cities are known. Councilwoman Buchan advised that the $15,000 grant to the Civic Cultural Commission is subject to Council review and determination but the $30,000 grant to PCS would not be subject to Council control. Councilman Murray advised that given the length of time the state has delayed resolving its budget crisis, the state is bound to deliver a harsh blow to the cities. Councilman Murray stated since the Council retains control over the grant to the Civic Cultural Commission he could support it, but with the $30,000 to the PCS, once the City is obligated it becomes ineradicable. Councilman Murray suggested that no vote be taken at this time. MINUTE BOOK NO. 51 Regular Meeting Minutes August 3, 1992 Page No. 160 Page 10