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agenda-report Request of Councilmember de la Torre and Councilmember Zwick that that the City Council direct the City Manager to create an economic support program to ensure that the Bergamot Station Arts Center is thriving and continues to be a leading arts and cultural hub. In developing this financial incentive program for Bergamot, the City Manager is being asked to consider alternatives such as, but not limited to, investing in tenant improvements to create smaller spaces that are more affordable in an effort to attract new tenants and retain existing tenants, allocating additional City funding to help reduce property management fees that are currently borne by the tenants, helping tenants access technical assistance to support business operations, and, to the extent resources allow, consider limited economic supports based on demonstrated need for tenants that receive technical assistance to support and sustain business operations.

Santa Monica City Council
February 13, 2024

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agenda-report Request of Councilmember de la Torre and Councilmember Zwick that that the City Council direct the City Manager to create an economic support program to ensure that the Bergamot Station Arts Center is thriving and continues to be a leading arts and cultural hub. In developing this financial incentive program for Bergamot, the City Manager is being asked to consider alternatives such as, but not limited to, investing in tenant improvements to create smaller spaces that are more affordable in an effort to attract new tenants and retain existing tenants, allocating additional City funding to help reduce property management fees that are currently borne by the tenants, helping tenants access technical assistance to support business operations, and, to the extent resources allow, consider limited economic supports based on demonstrated need for tenants that receive technical assistance to support and sustain business operations.
Meeting
February 13, 2024
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Santa Monica City Council
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City Council
Report
City Council Meeting: February 13, 2024
Agenda Item: 16.D
1 of 1
To: Mayor and City Council
From: Nikima Newsome, Interim City Clerk, Records and Election Services Department
Subject: Request of Councilmember de la Torre and Councilmember Zwick that that the City Council direct the City Manager to create an economic support program to ensure that the Bergamot Station Arts Center is thriving and continues to be a leading arts and cultural hub. In developing this financial incentive program for Bergamot, the City Manager is being asked to consider alternatives such as, but not limited to, investing in tenant improvements to create smaller spaces that are more affordable in an effort to attract new tenants and retain existing tenants, allocating additional City funding to help reduce property management fees that are currently borne by the tenants, helping tenants access technical assistance to support business operations, and, to the extent resources allow, consider limited economic supports based on demonstrated need for tenants that receive technical assistance to support and sustain business operations.

Prepared By: Nikima Newsome, Interim City Clerk
Approved Forwarded to Council
Attachments:

A. Written Comments

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