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HomeMy WebLinkAbout21. 13-301JUNE 11, 2013 13 -301 RESOLUTION (CARRIED 7 -0 LOST LAID OVER WITHDRAWN ) PURPOSE: APPROVE AGREEMENT WITH SIX RIVERS INVESTMENTS FOR CITY'S ADMINISTRATION OF WEDC GRANT FOR JELD -WEN PROPERTY INITIATED BY: COMMUNITY DEVELOPMENT; SIX RIVERS INVESTMENTS BE IT RESOLVED by the Common Council of the City of Oshkosh that the attached Agreement with Six Rivers Investments LLC relative to the City's administration of a Wisconsin Economic Development Corporation (WEDC) Site Assessment Grant (SAG) for the former Jeld -Wen property on West 6th Avenue is hereby approved and the proper City officials are hereby authorized to execute and deliver the agreement insubstantially the same form as attached hereto, any changes in the execution copy being deemed approved by their respective signatures, and said City officials are authorized and directed to take those steps necessary to implement the terms and conditions of the Agreement. City of Oshkosh Community Development Department O HKO-IH 215 Church Avenue, Oshkosh, WI 54901 ON THE WATER TO: Honorable Mayor and Members of the Common Council FROM: Allen Davis, Community Development Director DATE: June 6, 2013 SUBJECT: Approve Agreement with Six Rivers Investments, LLC for City's Administration of WEDC Grant for Jeld -Wen Property on West 6" Ave. BACKGROUND. The City has submitted a Site Assessment Grant (SAG) on behalf of the new owners of the Jeld -Wen property, Six Rivers Investments, LLC. The Wisconsin Economic Development Corporation (WEDC) is the SAG administrator and is reviewing the grant application and could approve the grant soon. The proposed grant of $149,840 will be matched by private funds from the Six Rivers Investments LLC. If WEDC awards the grant, the City would administer the grant funds. ANALYSIS The new owners of the Jeld -Wen property are planning to investigate, demolish buildings and remediate the site as soon as possible. The general schedule for the site is: • Demolition of existing buildings by the end of 2013. • Complete investigation activities by the end of 2013. • Project Planning and design — 2013 and early 2014. • Begin building construction in late 2014 or early 2015. The SAG funds and investor funds will be used largely in 2013 for: • Environmental Assessments — asbestos and other hazardous materials. • Site Investigation • Asbestos removal /abatement • Demolition of buildings, footings and foundations. The proposed layout of the redeveloped site would include commercial and a range of residential options. The proposed layout of the site could change based on the Site Assessment and market conditions. The Site Plan for the redevelopment would come before the Plan Commission and City Council for approval at a future date, after the Site Assessment has been completed. The private developers, Six Rivers Investments, LLC will provide the matching funds of $643,160. With the $149,840 SAG, the project cost would total $793,000. City staff has worked with representatives of Six Rivers Investments, LLC in preparing an agreement that will transfer the grant matching fund requirement and other grant requirements from the City to the developers. The agreement transfers the grant matching funds and all WEDC requirements to Six Rivers Investments, LLC. FISCAL IMPACT There are no City funds included in the SAG grant application or the implementation. Six Rivers Investments, LLC will be paying for the City's staff time for grant administration, namely the grant draws. RECOMMENDATION The City Council approves the SAG grant agreement with Six Rivers Investments, LLC for the Jeld -Wen property on west 6 Ave. Approved, f - L City Manager AGREEMENT WHEREAS, Six Rivers Investments LLC ( "Six Rivers ") has purchased and desires to redevelop the property commonly known as the former Jeld Wen property, located generally between the terminus of W. 4 th and 5' Avenues to the west and 330 feet south of Oregon Street to the east, and W. 61h Avenue to the south and the Fox River to the North and encompassing parcel identification numbers 90900010100, .90900010000, 90902390000 and 90300010000, all located in the City of Oshkosh ( "the Property ") as shown on the attached Exhibit "A" to this Agreement; and WHEREAS, the City of Oshkosh (the "City ") desires to work with Six Rivers to facilitate the redevelopment of the Property and to obtain an easement over or obtain title to a portion of the Property to construct a portion of the City's proposed Riverwalk System; and WHEREAS, it is necessary to conduct Phase i and 11 Environmental Site Assessments of the Property, an Asbestos inspection and pre - demolition environmental hazardous material assessment and demolition of structures located on the property; and WHEREAS, it is desirable to prepare and submit an application for a Wisconsin Economic Development Corporation (WEDC) Site Assessment Grant (SAG) to assist with certain of the costs associated with the assessment and potential redevelopment'.of the Property; and WHEREAS, it is more cost effective and efficient for Six Rivers and the City to cooperate in obtaining the WEDC SAG grant and sharing the information obtained pertaining to the Property. NOW, THEREFORE, the City of Oshkosh, hereinafter referred to as the "City ", and Six Rivers Investments, LLC hereinafter referred to as "Six Rivers ", agree as follows: 1. The City shall submit, an application for a WEDC Site Assessment Grant (SAG) to assist with the site evaluation and redevelopment of the Property. The application shall be for the purposes identified in and substantially in the same form as the attached Exhibit B to this Agreement. 2. The City shall be responsible to complete all necessary WEDC SAG grant requirements in relation to this Agreement and the WEDC SAG grant, if awarded. 3. Six Rivers shall provide the City with all testing results, data, or other information in its possession or reasonably obtainable by it to assist the City with the submittal of the Grant application and compliance with all requirements of the Grant, if awarded. 4. Six Rivers hereby permits City, its employees, duly authorized representatives, agents and subcontractors, the temporary right to enter upon and have temporary rights of ingress and egress over and access at reasonable times to the Property to complete the City's responsibilities in relation to this Agreement and the WEDC SAG grant, if awarded. WHD/9480389.4 1 5. Six Rivers shall be responsible for obtaining all required permits and approvals for all work to be performed on the Property in relation to this Agreement and the WEDC SAG grant, if awarded, including but not limited to permits and approvals from the Wisconsin Department of Natural Resources. 6, Six Rivers shall be responsible for the Match Investment identified in the WEDC SAG application and directly. pay for all project costs including but not limited to any permit or approval costs and fees, and any contractors' fees and consultants' fees, relating to the performance of responsibilities under the WEDC SAG grant, if awarded. 7. Six Rivers shall submit to the City payment requests with all necessary supporting documentation to allow the City to request reimbursement under the terms of the WEDC SAG grant. 'One payment request shall be submitted when approximately one -half of the project is completed and an additional payment request shall be submitted upon completion of the project. Additional payment requests may be submitted as Six Rivers may determine necessary. Within 15 days of the date reimbursement is received from WEDC, the City shall issue a check to Six Rivers for the allowed reimbursement amount less the fee specified in paragraph 8 below. 8. Six Rivers shall pay to the City a fee of $500 per payment request to reimburse the City for the City's costs of administering the WEDC SAG grant. 9. Subject to any limitations contained in Sec 893.80 and any similar statute, of the Wisconsin Statutes, the City agrees to hold Six Rivers, its officers, officials, employees, and agents harmless from any and all liability, including claims, demands, losses, costs, damages, and expenses of every kind and description (including death), or damages to person or property arising out of the terms of this Agreement where such liability is founded upon or grows out of the acts of omission of any City's officers, employees, or agents while acting within the scope of their employment. Six Rivers agrees to hold the City, its officers, officials, employees, and agents harmless from any and all liability, including claims, demands, losses, costs, damages, and expenses of every kind and description (including death), or damages to person or property arising out of the terms of this Agreement where such liability is founded upon or grows out of the acts of omission of any Six River's officers, employees, or agents while acting within the scope of their employment. Nothing in this Agreement is intended as a waiver of the City's right or opportunity to rely upon the governmental limitations and immunities contained within Wisconsin law. Municipal immunities and limitations include, but are not limited to, Sections 315.05, 893.80, and 893.83, Wisconsin Statutes. Such damage limits, caps and immunities are intended to be preserved and are incorporated into this agreement and shall govern all disputes, contractual or otherwise, as they apply to the parties and their agents, officers, and employees. The intention of this paragraph is that each party shall be responsible for its own actions and inactions related to this Agreement. V.TW/9480389.4 2 Notwithstanding any other provision of this Agreement, it is further agreed that to the fullest extent permitted by law Six Rivers shall indemnify and hold harmless the City, its employees, agents, contractors and consultants from and against all claims, damages, losses and expenses, direct and indirect, or consequential damages, including but not limited to attorneys' fees and all Court, arbitration or other dispute resolution costs, arising out of, resulting from, or related to the presence and/or involvement of hazardous substances or constituents, including hazardous waste, at or contiguous to the ,project site or contained in samples collected by or received by the City or its contractors and /or consultants from the site. This indemnification extends to claims against the City or any of its employees, agents, contractors or consultants which arise out of, are related to, or are based upon, the disposal, discharge, escape, release, spillage or saturation of smoke, vapors, soot, fumes, acids, alkalis, toxic chemicals, liquids, gases or any other material, irritant, contaminant or pollution in or into the atmosphere, or on, onto, upon, in or into the surface or subsurface of soil, water or watercourses, objects, or any tangible or intangible matter, whether such event or circumstance is sudden or not. Nothing in this paragraph is intended to indemnify, or shall be construed as indemnifying the City, its employees, agents, contractors or consultants with respect to claims, losses, expenses or damages to the extent caused by the City or its employees', agents', contractors' or consultants' own negligent acts or omissions. 10. This Agreement shall be construed under the laws of the State of Wisconsin. 11. This Agreement, and all other documents or instruments that may be required by this Agreement, may be executed in several counterparts, each of which shall be deemed an original, but all of which shall constitute the same instrument. [SIGNATURES ON THE FOLLOWING PAGE] V IM19480389.4 3 IN WITNESS WHEREOF, the City of Oshkosh, Wisconsin, and Six Rivers have respectively caused this Agreement to be duly executed on this day of June, 2013. CITY OF OSHKOSH Mark A. Rohloff, City Manager And: Pamela R. Ubrig, City Clerk And: Peggy Steeno, Finance Director STATE OF WISCONSIN) ) ss. WINNEBAGO COUNTY) SIX RIVERS I VESTMENTS LLC V . yl- r A Schwab, Manag& Personally came before me this � day of June, 2093, the above named Grant Schwab, the Manager of Six Rivers Investments LLC to me known to be the person who executed the foregoing instrument and acknowledged same as and for said company, by its authority. Notary Public, Winnebago C Vl y' My Commission Expires: , STATE OF WISCONSIN) ) ss. WINNEBAGO COUNTY) Personally came before me this day of June, 2093, the above named Mark A. Rohloff, City Manager, Pamela R. Ubrig, City Clerk, and Peggy Steeno, Finance Director, of the City of Oshkosh, to me known to be the persons who executed the foregoing instrument and acknowledged same as and for said Corporation, by its authority. Notary Public, Winnebago County, WI My Commission Expires: Approved as to form: Lynn Lorenson, City Attorney VM/9480389.4 4 Wo G J Pu 1]311: ' ., n PONAdwk[me.M1PAw.PR nenL.d[a wmraLmhw LwL'.rw.nwN L4"'VJdaw�irn r. '.s w+,nlbmY �. wr.vPwpa wleaawvn•wwnpaLHIL'LI wMYW4'/a+nenlPLb•VPV. rPYPP "1rKn , rn folo3uo '+ n l' �,�� P' anww' wrm' a.'+. n' rw1• PCLaI .+�.w•wowwwrrl'IWAwww.'�nrx Y� r0.'Sl :LM ll3''GGI a^r++n'J � prea LrrllN 'KINON'aPN.09PNPrwPluwwxPY . pt 'A's"[M+ArP+G NPI<.•WAPPwPOn'�N L4nv P.�l't�VP'• �� w iwlml. 4N � ClW'- M- 13L1'0 - nieJ�o�'w WrP].FenMH R'r1eJ 4PaJnP�PANwNmI..WrA[GIaYPS 'a�'4�"A'�1V1 NwmrNlNwA�M:e��.M11kF�.. 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