Downey
City Council
Agenda Item 14
14. APPROVAL OF STAY ARTS COOPERATIVE FUNDING AGREEMENT: Administration.\nTHAT THE CITY COUNCIL:\n1) APPROVE THE COOPERATIVE FUNDING AGREEMENT WITH STAY ARTS WHERE THE\nCITY OF DOWNEY WILL PROVIDE FUNDING TOWARDS THE MONTHLY LEASE\nPAYMENTS OF STAY GALLERY FOR A 12- MONTH TERM BEGINNING ON JANUARY 1,\n2024 FOR A TOTAL CONTRACT AMOUNT OF $ 39, 372; AND,\n2) AUTHORIZE THE CITY MANAGER OR HIS DESIGNEE TO EXECUTE THE AGREEMENT\nWITH STAY ARTS.