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HomeMy WebLinkAbout11. Approve Operating Agrmt w-Downey Art Vibe to Operate Stay GalleryIU4-1-1111111041561 �r . I � f, BY CITY MANAGER Lei kil [01 ;?-,1 FROM: OFFICE OF THE CITY MANAGER BY: ALDO E. SCHINDLER, DIRECTOR OF COMMUNITY DEVELOPMEN DATE: JULY 14, 2020 SUBJECT: D&TIVEYATT VIBE OPETATING AGREEMENT Mt Ill I Lei I M 0 1011*011 At their August 12, 2014 meeting the City Council approved a not to exceed amount of $75,000 for additional lease payments, over three (3) years for DAV, expiring in June 2017, for their location at 11140 Downey Avenue. n7e'wsty ME-OP911 ",", � - 1 -11 M1 I - - [Mr,01AY111 - :i,f $150,000 for lease payments and operating expenses over three (3) years for DAV, expiring May 2020. The lease amendment requires that the City also amend the Operating Agreement til, run concurrently with the new lease. I- No GRE-9,019MI - JULY 14, 2020 PAGE 2 Economic Vibrancy *ualitv of Life. Infrastructure FISCAL IMPACT ATTACHMENTS OPERATING AGREEMENT BY AND BETWEEN THE CITY OF DOWNEY AND THE DOWNEY ART VIBI This Agreement is made and entered into this day of July, 2020 by and between the City of Downey, a California municipal corporation and charter city with its principal place of business at 11111 Brookshire Avenue, Downey California 90241 ?nd Downey Art Vibe, a California nonprofit public benefit corporation, with its principal place of business at 11140 Downey Avenue, Downey, CA 90241 ("DAW). City and DAV are r,ometimes individually referred to as "Party" and collectively as "Parties." 1�111111n WENUMM-m- A. In order to further the City Council's commitment to the arts and to provide a community venue for the display of performance and musical art, fine and contemporary art ?nd educational programs for the youth in Downey, the City requires the expertise of an #rganization to provide such services; and B. Since 2012, DAV has been leasing commercial space located at 11140 Down Avenue, Downey (the "Facility") wherein the Facility is being operated as an art gallery for th display of public art and the performance of related services. DAV intends to renew the Commercial Lease Agreement for the Facility for the period August 1, 2020 through May 31, 2023;and I C. The City desires to retain DAV to operate Facility to meet its objective o promoting art in the community as well as making the Facility available for use by civi charitable and community groups which serve Downey residents; and I D. DAV desires to perform and assume responsibility for operating a permanent art gallery in the Facility and providing certain services and programs as required by City on the terms and conditions set forth in this Agreement. DAV represents that it has demonstrated competence and experience in providing art gallery services to public clients, and is familiar with the objectives of the City. FIFINua7—lr-m City desires to engage DAV to render such services for the operation of Facility for the operation of a permanent art gallery and for the provision of art and educational programs as set forth in this Agreement ("Project") as set forth more specifically in this Agreement. Attachment "A" 3. TERMS. 3.1.1 General Scope of Services.. DAV promises and agrees to furnish to City all labor, materials, tools, equipment, services, and incidental and customary work necessary io fully and adequately supply the services and programs necessary for the Project ("Services"). The Services are more particularly described in Exhibit "A" attached hereto ant incorporated herein by reference. All Services shall be subject to, and performed in accordance with, this Agreement, the exhibits attached hereto and incorporated herein by reference, and all applicable local, state and federal laws, rules and regulations. 3.1.2 Term. The term of this Agreement shall be from August 1, 2020 to May 31, 2023, unless earlier terminated as provided herein. DAV shall complete the Services within the term of this Agreement, and shall meet any other established schedules and deadlines. Control and Pavment of Subordinates; Independent Contractor. The Services shall be performed by DAV or under its supervision. DAV will determine the means, methods and details of performing the Services subject to the requirements of this Agreement. City retains DAV on an independent contractor basis and not as an employee, joint venturer, partner or agent. DAV retains the right to perform similar or different services for others during the term of this Agreement. Any additional personnel performing the Services under this Agreement on behalf of DAV shall also not be employees of City and shall at all times be under DAV's exclusive direction and control. DAV shall pay all wages, salaries, and other amounts due such personnel in connection with their performance of Services under this Agreement and as required by law. DAV shall be responsible for all reports and obligations respecting such additional personnel, including, but not limited to: social security taxes, income tax withh.olding, unemployment insurance, disability insurance, and workers' compensation insurance. Schedule of Services. DAV shall perform the Services expeditiously, within the term of this Agreement, and as determined by the parties. DAV represents that it has the professional and technical personnel required to perform the Services in conformance with such conditions. Upon request of City, DAV shall provide a more detailed schedule of anticipated performance to meet the City's deadlines. 3.2.3 Conformance to Applicable Requirements. All services performed a work prepared by DAV shall be subject to the approval of City. I 3.2.4 Substitution of Kev Personnel. DAV has represented to City that certain key personnel will perform and coordinate the Services under this Agreement. Should one or more of such personnel become unavailable, DAV may substitute other personnel of at least 2 employee of the DAV or its sub -consultants who is determined by the City to be uncooperative, incompetent, a threat to the adequate or timely completion of the Project, a threat to the safety of persons or property, or any employee who fails or refuses to perform the Services in a manner consistent with the standard of care set forth herein, shall be promptly removed from the Project by the DAV and shall not be re-employed to perform any of the Services or to work on the Project. 3.2.9 Law ' s and Regulations. DAV shall keep itself fully informed of and in compliance with all applicable local, state and federal laws, rules and regulations in force at the time the Services are performed by DAV and in any manner affecting the performance of the Project or the Services, including all applicable Cal/OSHA requirements, and shall give all notices required by law. DAV shall be liable for all violations of such laws and regulations in connection with Services. If the DAV performs any work knowing it to be contrary to such laws, rules and regulations and without giving written notice to the City, DAV shall be solely responsible for all costs arising therefrom. DAV shall defend, indemnify and hold City, its officials, directors, officers, employees and agents free and harmless, pursuant to the indemnification provisions of this Agreement, from any claim or liability arising out of any failure or alleged failure to comply with such laws, rules or regulations. DAV's violation of such laws, rules and regulations shall also constitute a material breach of this Agreement. 3.2.10. Eacifity Lease. During the term of this Agreement, DAV shall comply with any and all provisions of the Commercial Lease Agreement for the Facility, and any amendments thereto, entered into by and between the property owner and DAV. City shall be entitled to terminate this Agreement for cause if DAV breaches any of the provisions of the Commercial Lease Agreement for the Facility or the Commercial Lease Agreement is terminated prior to the end of its term by either the property owner or DAV. 3.2.11 Insurance. 3.2.11.1 Time for Compliance. DAV shall not commence the Services under this Agreement until it has provided evidence satisfactory to the City that it has secured all insurance required under this section. In addition, DAV shall not allow any subcontractor to commence work on any subcontract until it has provided evidence satisfactory to the City that the subcontractor has secured all insurance required under this section. 3.2.11.2 Minimum Requirements. DATshall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries io persons or damages to property which may arise from or in connection with the performance of the Agreement by the DAV, its agents, representatives, employees or subcontractors. DAV shall also require all of its subcontractors to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage: 4 scheduled underlying coverage. Any insurance or self-insurance maintained by the City, its Crectors, officials, officers, employees, agents and volunteers shall be excess of the DAV's insurance and shall not be called upon to contribute with it in any way. (C) Workers' Compensation and Emplovers Liabilitv Coveraqq, The insurer shall agree to waive all rights of subrogation against the City, its directors, officials, officers, employees, agents and volunteers for losses paid under the terms of the insurance policy which arise from work performed by the DAV. (D) All CoveracLELs. Each insurance policy required by this Agreement shall be endorsed to state that: (A) coverage shall not be suspended, voided, reduced or canceled except after thirty (30) days prior written notice by certified mail, return receipt requested, has been given to the City; and (B) any failure to comply with reporting or other provisions of the policies, including breaches of warranties, shall not affect coverage provided to the City, its directors, officials, officers, employees, agents and volunteers. 3.2.11.5 Separation of Insureds: No Special Limitations. All insurance required by this Section shall contain standard separation of insureds provisions. In addition, such insurance shall not contain any special limitations on the scope of protection afforded to the City, its directors, officials, officers, employees, agents and volunteers. 3.2.11.6 Deductibles and Self-insurance Retentions. Any deductibles or self -insured retentions must be declared to and approved by the City. DAV shall guarantee that, at the option of the City, either: (1) the insurer shall reduce or eliminate such deductibles or self -insured retentions as respects the City, its directors, officials, officers, employees, agents and volunteers; or (2) the DAV shall procure a bond guaranteeing payment of losses and related investigation costs, claims and administrative and defense expenses. 3.2.11.7 Acceptabilitv of Insurers. Insurance is to be placed with insurers with a current A.M. Best's rating no less than A:VII, licensed to do business in California, and satisfactory to the City. 3.2.11.8 Verification of Coverage. DAV shall furnish City with original certificates of insurance and endorsements effecting coverage required by this Agreement on forms satisfactory to the City. The certificates and endorsements for each insurance policy shall be signed by a person authorized by that insurer to bind coverage on its behalf, and shall be on forms provided by the City if requested. All certificates and endorsements must be received and approved by the City before work commences. The City reserves the right to require complete, certified copies of all required insurance policies, at any time. 11 @1 ley 4:&V;j csm] @I 11rj(:A(ORj S 0 @I ley csm] @I 11rj(:A(ORj S the work and the conditions under which the work is to be performed. Safety precautions as applicable shall include, but shall not be limited to: (A) adequate life protection and life- saving equipment and procedures; (B) instructions in accident prevention for all employees and subcontractors, such as safe walkways, scaffolds, fall protection ladders, bridges, gang planks, confined space procedures, trenching and shoring, equipment and other safety devices, equipment and wearing apparel as are necessary or lawfully required to prevent accidents or injuries; and (C) adequate facilities for the proper inspection and maintenance of 211 safety measures. 3.3.1 Comoensation. DAV shall receive compensation for all Services rendered under this Agreement in the amounts as set forth in Exhibit "B" attached hereto and incorporated herein by reference. The total compensation for the 3-year term of this Agreement shall not exceed Seventy -Five Thousand Dollars and 00/100 cents ($75,000.00). Extra Work may be authorized, as described below, and if authorized, said Extra Work will be compensated at the rates and manner set forth in an amendment to this Agreement signed by both parties. 3.3.2 Pavment of ComDensation. City shall compensate DAV for the Services rendered under this Agreement in accordance with Exhibit "B". 3.3.3 Reimbursement for Exr)enses. DAV shall not be reimbursed for any expenses unless authorized in writing by City. 3.3.4 Extra Work. At any time during the term of this Agreement, City may request that DAV perform Extra Work. As used herein, "Extra Work" means any work whic is determined by City to be necessary for the proper completion of the Project, but which th - parties did not reasonably anticipate would be necessary at the execution of this Agreeme DAV shall not perform, nor be compensated for Extra Work without a written amendment t, this Agreement signed by both parties. I TUM 3.4.1 Maintenance and Inspection. DAV shall maintain complete and accurate records with respect to all costs and expenses incurred under this Agreement. All such records shall be clearly identifiable. DAV shall allow a representative of City during normal business hours to examine, audit, and make transcripts or copies of such records and any other documents created pursuant to this Agreement. DAV shall allow inspection of all work, data, documents, proceedings, and activities related to the Agreement for a period of three (3) years from the date of final payment under this Agreement. 7 MM= 3.5.1.1 Grounds for Termination. City may, by written notice to DAV, terminate the whole or any part of this Agreement at any time either for cause or for the City's convenience and without cause by giving written notice to DAV of such termination, ?.nd specifying the effective date thereof, at least seven (7) days before the effective date of cuch termination. DAV may only terminate this Agreement for cause upon giving the City not less than seven (7) calendar days' written notice. Upon termination, DAV shall be compensated only for those services which have been adequately rendered to City, and DAV shall be entitled to no further compensation. The City shall within fifteen (15) calendar days following termination pay the DAV for all services adequately rendered and all reimbursable costs incurred by DAV up to the date of termination, in accordance with the payment provisions of this Agreement. In addition to the grounds for termination set forth elsewhere in this Agreement, the following reasons shall also constitute "cause" for which either party may terminate this Agreement as provided herein: Substantial failure by the other party to perform in accordance with the terms of this Agreement and through no fault of the terminating party; . 0 0 - 0 - I A - 110 - III �mlldlzly 1 409,50 RO-01 0 WN Material changes in the conditions under which this Agreement was entered into, the Scope of Services or the nature of the Project, and the failure of the parties to reach agreement on the compensation and schedule adjustments necessitated by such changes. 3.5.1.2 Effect of Termination. If this Agreement is terminated as provided herein, City may require DAV to provide all finished or unfinished Documents and Data and other information of any kind prepared by DAV in connection with the performance of Services under this Agreement. DAV shall be required to provide such Documents and Data and other information within fifteen (15) days of the City's request. 3.5.1.3 Additional Services. In the event this Agreement is terminated in whole or in part as provided herein, City may procure, upon such terms and in such manner as it may determine appropriate, services similar to those terminated. 3.5.2 Deliverv,of Notices. All notices permitted or required under this Agreement shall be given to the respective parties at the following address, or at such other address as the respective parties may provide in writing for this purpose: M City of Downey Brookshire11111 l• • 90241 Phone:• •04• Directorof • Developmenj With a courtesy copy to: City of Downey City • - Office 11111 Broo Downey,• 9021 Such notice shall be deemed made when personally delivered or when mailed, forty- eight (48) hours after deposit in the U.S. Mail, first class postage prepaid and addressed to the party at its applicable address. Actual notice shall be deemed adequate notice on the date actual notice occurred, regardless of the method of service. • •011ir • 1 •- reuse, 3.5.3.1 Documents & Data: Licensing of Intellectual ProoertV. This Agreement creates a non-exclusive and perpetual license for City to copy, use, modify, or • - - any and all copyrights,designs,and other intellectualproperty embodied in plans, specifications, studies, drawings, estimates, and other documents or works of authorship fixed in any tangible medium of expression, • f but • -• to, drawings or data magneticallyor otherwise recorded on • • diskettes, prepared or -• to be prepared by •- Agreement • - i. DAV shall require• • • • agree in writing that City is granted a non-exclusive and perpetual license for any Documents & Data the subcontractor prepares under this Agreement. DAV represents and warrants that DAV has the legal right to license any and all Documents & Data. DAV makes no such representationand warranty in regard to Documents Data which were prepared by design professionals other than DAV or provided to DAV by the City. City shall not be limited in any way in its use of the Documents and Data 9 whatsoever for any claims or liability arising solely out of the City's own negligent acts, errors or omissions or willful misconduct. 3.5.7 Entire Aareement. This Agreement contains the entire Agreement of the parties with respect to the subject matter hereof, and supersedes all prior negotiations, understandings or agreements. Governina Law. This Agreement shall be governed by the laws of the State of California. Venue shall be the courts in Los Angeles County. 3.5.9 Tirne-of Essence. Time is of the essence for each and every provision of this Agreement. 3.5.10 Citv's Right to Empipy 0 her DAVs- City reserves right to employ other DAVs in connection with this Project. 3.5.11 Successors and Assians. This Agreement shall be binding on the successors and assigns of the parties. 3.5.12 Assignment nment or Transfer. Neither party shall assign, hypothecate, or 8— transfer, either directly or by operation of law, this Agreement or any interest herein without the prior written consent of the other party. Any attempt to do so shall be null and void, and any assignees, hypothecates or transferees shall acquire no right or interest by reason of such attempted assignment, hypothecation or transfer. 3.5.13 Construction; References; Cartons. Since the Parties or their agents have participated fully in the preparation of this Agreement, the language of this Agreement shall be construed simply, according to its fair meaning, and not strictly for or against any Party. Any term referencing time, days or period for performance shall be deemed calendar days and not work days. All references to DAV include all personnel, employees, agents, and subcontractors of DAV, except as otherwise specified in this Agreement. All references to City include its elected officials, officers, employees, agents and volunteers except as otherwise specified in this Agreement. The captions of the various articles and paragraphs are for convenience and ease of reference only, and do not define, limit, augment, or describe the scope, content, or intent of this Agreement. 3.5.14 Amendment; Modification '. No supplement, modification, or amendment of this Agreement shall be binding unless executed in writing and signed by both Parties. 3.5.15 Waiver. No waiver of any default shall constitute a waiver of any other default or breach, whether of the same or other covenant or condition. No waiver, benefit, privilege, or service voluntarily given or performed by a Party shall give the other Party any contractual rights by custom, estoppel, or otherwise. 11 11weiffe 1119M] 3.5.17 Invalidity; Severabilitv. If any portion of this Agreement is declared invalid, illegal, or otherwise unenforceable by a court of competent jurisdiction, the remaining provisions shall continue in full force and effect. 3.5.18 Prohibited Interests. DAV maintains and warrants that it has not employed nor retained any company or person, other than a bona fide employee working solely for DAV, to • • secure this Agreement. Further, DAV warrants that it has not paid nor has it agreed to pay any company or person, other than a bona fide employee working solely for DAV, any fee, commission, percentage, brokerage fee, gift or other consideration contingent upon • resulting • the award •:: making of this Agreement. For breach or violation • this warranty, City shall have the right to rescind this Agreement without '• For the term of this Agreement, no member, officer or employee of City, during the term of his or her service with City, shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom. 3.5.19 Ecival Onportunitv Emr)lovment. DAV represents that it is an equal jipportunity employer and it shall not discriminate against any subcontractor, employee or 2pplicant for employment because of race, religion, color, national origin, handicap, ancestry, sex or age. Such non-discrimination shall include, but not be limited to, all activities related 4 initial employment, upgrading, demotion, transfer, recruitment or recruitment advertising, layoff or termination. DAV shall also comply with all relevant provisions of any City Minority Business Enterprise program, Affirmative Action Plan or other related programs or guidelines currently in effect • hereinafter enacted. 3.5-20 Labor Certification. By its signature hereunder, DAV certifies that it is 2ware of the provisions of Section 3700 of the California Labor Code which require every zmployer to be insured .•. • for Worker's Compensation •I to •' self- insurance in accordance with the provisions • that Code, and agrees to comply with such provisions before commencing the performance of the Services. 3.5.21 Authoritv to Enter Aareement. DAV has all requisite power and authority to conduct its business and to execute, deliver, and perform the Agreement. Each Party warrants that the individuals who have signed this Agreement have the legal power, right, and authority to make this Agreement and bind each respective Party. 3.5.22 Counterparts. This Agreement may be executed in counterparts, each of u/Wicl sWall co-istitute one and tWe same instrument. 12 In the event of any conflict, inconsistency, or incongruity between any provision of this Agreement, any of its exhibits, attachments, purchase order, or notice t# proceed, the provisions of this Agreement will govern and control. 3.6.1 Prior Approval Required. DAV shall not subcontract any portion of the work required by this Agreement, except as expressly stated herein, without prior written approval of City. Subcontracts, if any, shall contain a provision making them subject to all provisions stipulated in this Agreement. CITY OF DOWNET, 2 Calftriiia i%vr.1ci;EaI ozr;E:rrati:rn ?nd charter city 0 WEMSEME33UM City Attorney Downey Art Vibe a California Nonprofit Public Benefit Corporation By: Gabriel Eriamorado Its: Executive Director UUOTSTMM. •=I� 13 VI ;I so VI Lei Z61 DAV will oversee and supervise the Facility's programming and its use as 2 community space by civic, charitable and community groups for special events. The programming of the Facility shall consist of all of the following: P. At their meeting on February 5, 2014, the Downey Planning Commission approved Resolution No. 14-2864 approving PLN-13-0221 Conditional Use Permit. The uses set forth in the Conditional Use Permit and the associated Conditions of Approval must be met and adhered to for operation of an art gallery. Any future modifications to the Conditional Use Permit approved by th Downey Planning Commission shall be incorporated by reference in this 11. Art Gallery Use and Related Events: a. Monthly Gallery Exhibitions i. Posted open hours for the public at a minimum of 12 hours per week during the run of the exhibition. ii. Art Exhibits and Special Events will be programmed directly by DAV through a partner organization such as other local art galleries and museums, the Downey Arts Coalition, Downey Unified School Distric Downey Museum of Art, Downey Foundation for Educational Opportunities, Downey Rose Float Association, and Downey Historic iii. Open to public throughout the week iv. Collection Programming v. Partner with Museums and Galleries b. Special Events: i. Small Plays ii. Comedy Nights iii. Live Music iv. Poetry Readings v. Spoken Word vi. Lecture Series c. Downey Arts Coalition: As a strategic partner in the success of the Facility, Downey Arts Coalition members will have direct access to program the facility under the direction of the Downey Arts Coalition board of directors, throughout the year. DAV will manage the calendar and be available to consult and support the events, though Downey Arts Coalition will be responsible for the producing and staffing requirements. 14 Ill. Educational Programming (Classes and Workshops) a. Painting b. Drawing c. Photography d. Videography e. Sculpture f. Art/Culture Appreciation through Lecture Series g. Photoshop h. Video Editing IV. Rental of Facility for Community Ises The Facility shall be made available for rental to Community Groups ("Community Groups" means those charitable, civic and community organizations that are either based in Downey or serve 75% or more of Downey residents through their work as verified by DAV) for special events. Community Groups that desires to use the Facility will be required to work directly with DAV's staff in scheduling and programming their special event(s). All services provided directly by DAV will be conducted inside the Facility. DAV will be responsible for obtaining a special events permit from the City when applicable. a. The Facility shall not be rented out as a nightclub, dance hall, bar or loungi with/without a cover charge and whether or not organized by a promoter. b. The Facty may be operated for family functions (i.e., anniversaries, birthdays, weddings, but no quinceafieras or baptisms) as long as the lunction(s) comply with the approved provisions of Resolution No. 14-2864 PLN-13-0221 Conditional Use Permit, applicable and appropriate zoning regulations, or any Federal, State, County, and City laws and regulations. Unless otherwise expressly speced, all other requirements of the City of Downey Municipal Code shall apply. c. DAV shall adopt policies and procedures for the rental of the Facility to Community Groups and shall establish rates for such rental, within 60 days• the complete execution of this Agreement. A copy of such policies and procedures shall be provided to the City. Interpretations of any provision of this Exhibit "A" or the resolution of any ambiguities in this Exhibit "A" shall be determined in writing by the Downey City Manager. The City Manager's interpretation of any provision of this Exhibit "A" shall be final. 15 MAG 0 1 0 0 1 9,11, - . - 0 1 - . a - . a - so - 0 PW RENT SUBSIDY: DAV shall lease the Facility for a 34 month term commencing August 1, 2020 ant expiring May 31, 2023 pursuant to a Commercial Lease Agreement. City shall make lease payments on behalf of DAV directly to the landlord in accordance with base rent of $3,004 per month with 3% annual increases on the following schedule: • YEAR 1 (August 1, 2020 — July 31, 2021): $3,004/month not to exceed $25,000; • YEAR 2 (August 1, 2021 — July 31, 2022): $3,094/month not to exceed $25,000; and • YEAR 3 (August 1, 2022 — May 31, 2023): $3,186/month not to exceed $25,000. City shall not be a party to the Commercial Lease Agreement for the Facility. City shall not provide a guaranty for performance under the Commercial Lea Agreement. I While this Agreement and the Commercial Lease Agreement remains in effe the City shall be responsible to pay the monthly rent due for the lease of the Facility for the total amount of $75,000 in rent subsidy on behalf of DAV for th - I term of the Commercial Lease Agreement. The balance of the monthly lease payments not covered by the City's rent subsidy shall be the sole responsibili of 16 111. A copy of the Lease Agreement and any amendments thereto, shall be provided to City. DAV shall indemnify City for any claims, demands, causes of action, costs, expenses, liability, loss, damage or injury arising from or related to the Commercial Lease Agreement, and any amendments thereto, for the Facility in the same manner as set forth in Section 3.5.5 ("Indemnification") of the Agreement. V1. The Facility's internal events/activities/programs/services will be conducted as lundraisers to offset the art gallery's operating costs. V. Fees collected from the Facility's internal eve nts/activities/p rog ra ms/se rvices will be used to offset the art gallery's operating costs. VI. Fees collected from rental of the Facility to Community Groups will be used to offset the art gallery's operating costs. 17 Quarterlv Rei)orts : 1. Each August 31, November 30, February 28 and May 31, DAV shall prepare and submit to the Director of Community Development a written report which provides an update of DAV's performance of the services in the preceding quarter. At minimum the quarterly reports will include: a. List, description and frequency of events/activities/programs/services; b. Sign -in sheets with authorized signatures from DAV staff for events/activities/programs/services; c. Description of supplies used for events/activities/p rog ram s/se rvices; d. Operating costs for eve nts/activities/p rog rams/se rvices; e. Income derived from events/activities/p rog ram s/se rvices and how they were used to offset the art gallery's operating costs; and, f. Fees collected from DAV partner organizations and how they were used to offset the art gallery's operating costs. Bi-Annual Financial Statements: 1. Each July 15 1h and January 15 th DAV will provide the Director of Community Development their organization's bi-annual Financial Statements of the activities in the preceding six month time period. At minimum the quarterly reports will include: a. Revenue b. Scholarships c. Fundraising d. Expenditures i. Staffing listed by position e. Gross and Net Profit M