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File #: 230033    Version: 1 Name: Agreement - Treasure Island Series 1, LLC - Completion of Foundation for Sculpture - $274,076
Type: Resolution Status: Pending Committee Action
Introduced: 1/10/2023 In control: Budget and Finance Committee
On agenda: Final action:
Enactment date: Enactment #:
Title: Resolution authorizing the Arts Commission to enter into an agreement with Treasure Island Series 1, LLC, the developer of a hilltop park at Yerba Buena Island, to construct a foundation for a 69-foot tall sculpture by Hiroshi Sugimoto, as part of the Treasure Island Arts Program, for an amount of $274,076 for a term starting upon approval of this Resolution and ending upon the completion of the foundation; and to authorize the Director of Cultural Affairs to enter into any additions, amendments or other modifications to the Foundation Contract do not materially increase the obligations or liabilities of the City, or reduce the benefits to the City, and are necessary or advisable to complete the transaction contemplated by this Resolution.
Sponsors: Matt Dorsey
Attachments: 1. Leg Ver1, 2. DRAFT Agrmt, 3. SFAC Reso No. 0604-18-185, 4. SFAC Reso No. 0605-17-124, 5. Form 126, 6. BLA Rpt 020123, 7. Cmte Pkt 020123
Related files: 110619, 110618
Legislation Details
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