Interim Report of the Kennedy Farmstead Task Force
The Kennedy-Martin-Stelle Farmstead -
An historic property that is unique and irreplaceable
A once in a lifetime opportunity
Needed
Feasible
Affordable
With your support this project will succeed
Changes in Recommendations
Due to:
Input from Historic Building Architect consultant
Exclusion of some work items
Change in priorities in order to reduce the cost required to get the English Barn, Farmhouse and Wagon House up and running year round.
Task Force Recommendations
•The Task Force is requesting that the Township Committee approve the required matching dollars necessary to secure the targeted county and state grants over the next 1 to 3 years.
•Overall, for each dollar Bernards Township directs to the project, we will receive $3.20 in value.
•There is a financially responsible way to achieve the goal of historic preservation and a cultural arts center.
What We Will Talk About
NEED– John Campbell
FEASIBILITY– Bob Dillon
AFFORDABILITY– Kathleen Kleiber
2002 - 2003 Charter
1. Develop a Preservation Plan - Completed2. Define uses for the Farmstead - Defined3. Seek New Sources of Funding - Successful and Ongoing
2004 Charter
Eight charges that we’re looking at tonight
Task Force Charters
Need
Need for History to be Saved– Historical Significance– Community Input– Supported by Master Plan
Need for Culture & Art Center– Community Input– Support of local art & culture groups– Supported by Parks & Rec Master Plan
Feasibility:
Cultural Arts Center
Model Organizations
Programs– Instruction– Studio space rental – Exhibition– Performance– Rehearsal space– Off-site programs– Lectures
Funding– Membership fees– Revenue (classes, exhibits, studio
rental, etc.)– Public Grants – NJ Council on the
Arts– Private Grants – Corporate,
Foundation, Individual/Family
Center Location
Programs Funding
Instru
ction
Stu
dio
Sp
ace
Exh
ibitio
n
Kid
s Parties
Off-S
ite Pro
gram
s
Lectu
res
Mem
bersh
ip F
ees
Reven
ue (classes, exh
ibits, stu
dio
ren
tal)
Pu
blic G
rants
Private G
rants/ D
on
ation
s
NJCVA Summit
Somerset Art Association Bedminster
Watchung Arts Center Watchung
Hunterdon Museum of Art Clinton
Montgomery Center for the Arts Skillman
Myhelan Cultural Arts Center Long Valley
Example Hunterdon Museum of Art
Programs - Visual– Instruction– Studio space– Exhibits and Galleries– Off-site programs – Scouts,
home schoolers, summer programs
– Lectures Funding
– Membership Fees– Revenues– Public Grants - $103,392 from
NJCVA– Private Grants – Corporate and
Foundation Facility
– Centuries old mill
Example Montgomery Center for the Arts
Programs – Visual and Performing– Instruction– Studio space– Exhibits and Galleries– Performances– Summer programs– Lectures
Funding– Membership Fees– Revenues– Public Grants - New Jersey State
Council on the Arts – Private Grants – Corporate and
Foundation Facility
– 1860 House
Feasibility:
Not Invention, Replication
Affordability
We have Refined the Original Cost Matrix
Original Preservation Plan $2.790 Work Completed & Refined Estimates - $1.182 Revised total to complete the project $1.608
– English Barn ($891K)– Farmhouse ($470K)– Wagon House ($247K)
We Have Been Successful Pursuing Grants for the Farmstead Project
Three Somerset County Grants
– 2001 Received $75K– 2002 Received $200K– 2003 Received $14K– Total: Received $289K
The proposed grant writer, Michael Calafati of HBA, has tremendous success in preparing NJ Historic Trust grants:
– 2000: secured 6 of 6 or 100%– 2002: secured 13 of 15 or 87%
Summary: Farmstead Preservation Costs
Costs EB FH WH CS Total $Phase 4.0 $891k $470k $247k 1,608k
Mold $20k 20k
Grant writer 6k
Operating Budget. 4k
CS Stabilization $10K 10k
Grand Total 1,648k
Summary: Funding Requirements
Grant Total Farmstead Preservation Costs $1,648K
Targeted Grants:County request (2004) $ 110kState request (2004) $ 750k
Township Commitment:$750k match required; “spent funds” of $289k county grants apply $ 461k$40k for mold, grant writer, Cow Shed & task force budget $ 40k
Funding Total $1,361kGap to be addressed through donations, future grants, etc. $ 287k
Funding and Budgeting Timeline Could Extend Over the Next Three Years
Action/Cost$: 2004 2005 2006 Mold & T/F Budget (24k) 1Q Cowshed ($10k) 1-2Q Apply State Grant (6k) 1-2Q (25% pos)---or---1-2Q (75% pos)
Apply County Grant 2Q 2Q 2Q
Expectations: State Grant 1Q ------or---------1Q County Grants 4Q 4Q 4Q
Financial/Budget Impact:The costs for mold remediation, operating budget and the grant writer need to be made available immediately.The required Township State matching funds will need to be available when the grants are received; however, this does not impact the 2004 budget.
Farmstead Preservation and Use as an Arts Center is Affordable for Our Township
The Preservation and Restoration of the English Barn, the Farmhouse and the Wagon House can be accomplished with the use of grant funds, private and corporate donations and township dollars:
– Cost effective since grants cover over 70% of the total.– Remaining % from donations and/or Township.– The value of the preservation/restoration work is over $1.6M and the cost to
the township is $501k (i.e. for each dollar we spend, we get $3.20 of value or improvement in an important asset).
The current plan is phased over a three year period determined by grant dates; therefore we have budgeting flexibility.
We propose that required Township Open Space Trust Fund (OSTF monies) be used since the Farmstead is an Open Space project. Based upon the Pizzo discussions, we understand this to be within the guidelines of the OSTF.
Other Funding Options
Amount of
Bond
Cost per Household
Each Year Over 7 Years
Pizzo Tract $3,300,000 $50.00
Farmstead $461,000 $6.98
Bond Issue Comparison
Update on The Task Force 2004 Charter
1. Stabilize the Farmstead structures: underway
Plan for prevention of any further deterioration of the structures: under consideration this evening
Plan for warehousing of the structures prior to and during any restoration work: under consideration this evening
2. Seek out and establish public and private sources of funding: always ongoing
Update on the Task Force 2004 Charter
3. Make recommendations concerning the creation and structure of an independent non-profit organization to take over the project: underway
4. Oversee restoration of the buildings as determined by the Township Committee: underway and a continuing effort
5. Enlist and promote community support for the project: underway and a continuing effort
The Task Force Charge for 2004
6. Explore use of the site for fine and creative arts, as well as any other uses that meet the community’s needs: under consideration this evening
7. Recommend interim uses for the property as a community resource for fine and creative arts, and other uses, as the restoration continues: open
8. Develop a business plan, including financials, for any future adaptive, independently sustainable uses of the site that follows upon completion of the
Restoration phase of the project: underway
Actions Recommended to Township Committee
– $6K for professional grant writer; $4K Task Force budget
– $20K for Farmhouse mold remediation; 10K for Cow Shed stabilization
– $461K Township matching fund commitment
– Resolution of support for Farmstead Culture and Art Center
The Kennedy Farmstead -Unique and Irreplaceable
Needed– Residents want to save the historic Farmstead– Residents want to adapt the Farmstead as a cultural & art center
Feasible– Replicate existing successful models
Affordable– Can be tax neutral
The Kennedy Farmstead -Unique and Irreplaceable
Once-in-a-lifetime opportunity
We can be remembered for:
– Allowing a significant historic treasure slip through our fingers, OR
– Preserving the Farmstead and using it to add a whole new dimension to the cultural life of our town
The Kennedy Farmstead -Unique and Irreplaceable
This project can work: Needed, Feasible and Affordable
We are confident that, with your support, this project will be successful
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