$12M Creative Space Bond

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NEXT STEPS FOR $12M CREATIVE SPACE BOND

In May 2020, the Economic Development Department (EDD) issued an update to Mayor & Council on the process recommendations for the $12M Creative Space Bond fund passed by voters in 2018 (https://www.speakupaustin.org/3129/widgets/9403/documents/11521), which also references the April 2020 staff memo (https://www.speakupaustin.org/3129/widgets/9403/documents/10844).

Recommendations for the $12M Creative Space Bond program guidelines were previously shared by the Joint Arts and Music Commissions to Council:

These community recommendations informed Staff's proposed process for acquiring and operating a facility (or facilities), in coordination with other City Departments and the City Managers’ Office.

EDD will post any developments as Mayor and Council work through Staff's process recommendations. As a reminder, no funds have been expended yet, and there are no plans to deviate from program guidelines unless given direction by Council.

BACKGROUND

In 2018, the City of Austin voters approved a bond proposition that would provide funding for acquisitions and improvements of creative spaces.

Before the bonds were approved by the voters, Austin City Council adopted Resolution No. 20180809-061 on August 9, 2018, directing staff to recommend a proposed process, description, and criteria for Creative Space Acquisition and Improvements. As part of the resolution, the City Manager must develop and present to City Council recommendations prepared in consultation with the Arts and Music Commissions and in compliance with the allowable use of bond funds. Since these bond funds are part of the bond proposition that authorized funding for community and cultural facilities, libraries, museums, and cultural arts facilities of the City, the City must use the funds in a manner consistent with the rest of the funding and not for economic development.

The Arts and Music Commissions convened a Joint Arts & Music Commission Working Group to discuss options for programming funding along with staff from the Bond Team and Economic Development Department (EDD), while considering the following general concepts applicable to these bonds:

  1. Projects that have a clear City purpose and that are owned by the City are also more likely to be approved for bond funding than projects that are owned by other entities.

  2. Projects that are owned by the City and operated by the City, or by a nonprofit that operates the project consistent with the City purpose, are more likely to be approved by the Attorney General than projects that are operated by for-profit entities to benefit those entities. (An example of a currently operated project that is operated by a nonprofit, but owned by the City, is ZACH Theatre).

  3. Projects that are not owned by the City present a higher degree of legal challenges and would need to be reviewed more specifically by bond counsel.

  4. These bonds were not approved for economic development purposes. Therefore, the process, description, and criteria that staff and commission members are developing should focus on creating long-term city assets that can be used over many decades for creative spaces, not creating projects that are in the nature of economic development projects.

NEXT STEPS FOR $12M CREATIVE SPACE BOND

In May 2020, the Economic Development Department (EDD) issued an update to Mayor & Council on the process recommendations for the $12M Creative Space Bond fund passed by voters in 2018 (https://www.speakupaustin.org/3129/widgets/9403/documents/11521), which also references the April 2020 staff memo (https://www.speakupaustin.org/3129/widgets/9403/documents/10844).

Recommendations for the $12M Creative Space Bond program guidelines were previously shared by the Joint Arts and Music Commissions to Council:

These community recommendations informed Staff's proposed process for acquiring and operating a facility (or facilities), in coordination with other City Departments and the City Managers’ Office.

EDD will post any developments as Mayor and Council work through Staff's process recommendations. As a reminder, no funds have been expended yet, and there are no plans to deviate from program guidelines unless given direction by Council.

BACKGROUND

In 2018, the City of Austin voters approved a bond proposition that would provide funding for acquisitions and improvements of creative spaces.

Before the bonds were approved by the voters, Austin City Council adopted Resolution No. 20180809-061 on August 9, 2018, directing staff to recommend a proposed process, description, and criteria for Creative Space Acquisition and Improvements. As part of the resolution, the City Manager must develop and present to City Council recommendations prepared in consultation with the Arts and Music Commissions and in compliance with the allowable use of bond funds. Since these bond funds are part of the bond proposition that authorized funding for community and cultural facilities, libraries, museums, and cultural arts facilities of the City, the City must use the funds in a manner consistent with the rest of the funding and not for economic development.

The Arts and Music Commissions convened a Joint Arts & Music Commission Working Group to discuss options for programming funding along with staff from the Bond Team and Economic Development Department (EDD), while considering the following general concepts applicable to these bonds:

  1. Projects that have a clear City purpose and that are owned by the City are also more likely to be approved for bond funding than projects that are owned by other entities.

  2. Projects that are owned by the City and operated by the City, or by a nonprofit that operates the project consistent with the City purpose, are more likely to be approved by the Attorney General than projects that are operated by for-profit entities to benefit those entities. (An example of a currently operated project that is operated by a nonprofit, but owned by the City, is ZACH Theatre).

  3. Projects that are not owned by the City present a higher degree of legal challenges and would need to be reviewed more specifically by bond counsel.

  4. These bonds were not approved for economic development purposes. Therefore, the process, description, and criteria that staff and commission members are developing should focus on creating long-term city assets that can be used over many decades for creative spaces, not creating projects that are in the nature of economic development projects.
  • CLOSED: This survey has concluded.
    The Joint Arts & Music Commissions Working Group is seeking feedback on the draft recommendations for use of the creative space bond funds presented during the Joint Arts and Music Commission meeting on November 16th, 2019. Citizens wishing to provide their thoughts are asked to direct their comments towards this specific question: "Do the draft recommendations address what success for the community can look like?"

    The Joint Arts & Music Commissions Working Group is seeking feedback on the draft recommendations for use of the creative space bond funds presented during the Joint Arts and Music Commission meeting on November 16th, 2019. Citizens wishing to provide their thoughts are asked to direct their comments towards this specific question: "Do the draft recommendations address what success for the community can look like?"

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  • CLOSED: This survey has concluded.

    We want to hear from you! The $12M Bond for Creative Space Community Survey is collecting your feedback as a springboard for discussion while a plan is formulated on how best to move forward with utilizing the $12 million. A process for using these funds must be established before any specific projects or uses can be identified, and knowing what the community sees as priority needs will help guide this process.

    We want to hear from you! The $12M Bond for Creative Space Community Survey is collecting your feedback as a springboard for discussion while a plan is formulated on how best to move forward with utilizing the $12 million. A process for using these funds must be established before any specific projects or uses can be identified, and knowing what the community sees as priority needs will help guide this process.

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  • CLOSED: This survey has concluded.

    ¡Nos gustaría conocer su opinión! La encuesta comunitaria del bono de $12 millones para espacio creativo está recopilando opiniones y comentarios como para iniciar un diálogo mientras se formula un plan para utilizar los $12 millones. Se debe establecer un proceso para usar estos fondos antes de que se puedan identificar proyectos o usos específicos, y saber lo que la comunidad considera son las necesidades principales ayudará en este proceso.


    ¡Nos gustaría conocer su opinión! La encuesta comunitaria del bono de $12 millones para espacio creativo está recopilando opiniones y comentarios como para iniciar un diálogo mientras se formula un plan para utilizar los $12 millones. Se debe establecer un proceso para usar estos fondos antes de que se puedan identificar proyectos o usos específicos, y saber lo que la comunidad considera son las necesidades principales ayudará en este proceso.


    Complete Form
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