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November 6, 2024 Board Meeting
Agenda Item 5.
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| | | | | | | | Title
APPROVAL OF THE AMENDMENT TO THE CONTRACT BETWEEN THE VENICE INSTITUTE FOR PERFORMING ARTS CENTER MANAGEMENT, INC. AND THE SCHOOL BOARD OF SARASOTA COUNTY, FLORIDA
Description
The Venice Institute for Performing Arts Center Management, Inc (VIPAM) performs management services for the Performing Art Center at Venice High School. The Board initially approved a contract with VIPAM on September 5, 2023 for services extending through June 30, 2026. Due to increased costs to operate the Performing Arts Center, VIPAM has requested an increase in the monthly payment of $2,500, from $9,000 per month to $11,500 per month. It is anticipated that revenues generated through VIPAM’s management will offset this increased cost.
Gap Analysis
The District benefits from the expertise of VIPAM in managing and maintaining the Venice High School Performing Arts Center.
Previous Outcomes
The Board has approved the previous contract for these services.
Expected Outcomes
The Board approves the contract amendment as submitted.
Strategic Plan Goal
Pillar 4 - Every School Equipped
Priority 1 - Maintain Sustainable Financial Practices
Recommendation
That the amendment to the contract between the Venice Institute for Performing Arts Center Management, Inc. and the School Board of Sarasota County be approved as presented.
Contact Information
BONNIE PENNER bonnie.penner@sarasotacountyschools.net
Financial Impact
Not to exceed $276,000
Funding Source: General Fund
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