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HomeMy WebLinkAboutOCDC 5/5/1986 AGREEMENT ?' The Oshkosh Commercial Development Corporation, herein referred to as OCDC, and the City of Oshkosh, herein referred to as CITY, agree as follows : 1. The City shall : A. Provide funding of $12,500 to OCDC for the purpose of personnel expenses for the 9-month period between June 1, 1986 and February 28, 1987. (1) Funding for the period June 1 , 1986 to February 28, 1987 shall be paid with the 1986-87 allocation of Community Development Block Grant funds. Should said Community Development Block Grant funds not be received by the City, this Agreement shall be null and void. (2) Funds to be released monthly, in advance, upon receipt of proper invoice. B. Provide personnel to administer the Commercial Rehabilitation Program. C. Provide a general consulting service to OCDC as it is capable of doing so. 2. OCDC shall : A. Promote the Oshkosh Commercial Rehabilitation Program and act as a review board to encourage coordinated rehabilitation of existing commercial buildings in the Central Business District. B. Promote and encourage beautification of the Central Business District. C. Review the City's plans for improvements to the Central Business District and to enlist private sector support for the plans which complement the objectives of OCDC. D. Actively promote the Central Business District to new and expanding businesses. E. Provide the City with copies of an operating budget and an annual audited financial statement. F. Shall cooperate and provide information necessary for the City to monitor this activity. 3. OCDC has contracted with Oshkosh Association of Manufacturers and Commerce to provide administrative services in order to accomplish the above. (See Addendum A) 4. If the City or OCDC is unable to meet their full responsibility under the terms of this Agreement, adjustments to this Agreement may be mutually agreed upon. PAGE TWO 5. Should it be determined by the City that OCDC is not performing in accordance with this Agreement and the applicable Department of Housing and Community Development regulations, the City at its discretion can terminate this Agreement and recover funds allocated under this Agreement. IN WiITNESS THEREOF, the parties hereunto set their hands and seals, as of this 5`41.1= day of ` , 1986. WITNESS: OSHKOSH COMM RCIAL(AgULOPMENT CORP. A �C.I J/'�� BY: '71 1)/ 1 PRES I NT'lip BY: .r 7f1kLJ .‘4(1 , SECRETARY WITNESS: CITY OF OS OSH /7/ . ye, BY: WILLIAM D. FRUEH, CITY MANAGER r BY: As 21 rl, J) t1• 1:.A.,rnaal DONNA C. SERWAS, CITY CLERK APPROVED AS TO N : WARRE 'AFT ASSISTANT CITY ATTORNEY APPROVED AS TO FUNDING AVAILABILITY: a EDWARD A. NOKES FINANCE DIRECTOR ADDENDUM A MEMORANDUM OF UNDEF:STANDING Oshkosh Commercial Development Corporation, Inc. , herein referred to as OCDC; and the Oshkosh Association of Manufacturers and Commerce, herein referred to as OAMC, do hereby enter into this memorandum of understanding this 9th day of October, 1984. WHEREAS, OCDC- and OAMC do hereby agree that increasing the area economy may best be served by increasing the job opportunities through the expansion of existing business and industry; expansion and/or relocation of new business and industry to the city of Oshkosh and Winnebago County, and WHEREAS, OCDC and OAMC do hereby agree that existing business and industrial expansion accounts for more than sixty percent (607.) of all new basic job opportunities in the city of Oshkosh and Winnebago County, and WHEREAS, OCDC and OAMC agree that to protect this valuable community asset, the first priority of the economic/commercial development program is the maintenance of an active liaison with existing business and industry, and WHEREAS, OCDC and OAMC feel that instrumental to the assistance of existing business and industry, and the solicitation of new industry is the development and maintenance of relevant statistical information to respond to inquiries from both existing and relocating or expanding business and industry, and WHEREAS, OCDC and OAMC agree that a total unified community effort of both the private and public sectors, under the direction of the OCDC Board of Directors, will provide an environment of total community support and service, THEREFORE BE IT RESOLVED, that OCDC and OAMC do hereby agree to establish this memorandum of understanding for the purpose of promoting the creation of new job opportunities; expansion of the tax base of the city of Oshkosh and Winnebago County; increase • the economy of the city of Oshkosh and Winnebago County through assistance to existing business and industry; and, through the promotion of the city of Oshkosh and Winnebago County to commerical and industrial prospects seeking to expand or relocate. I . ADMINISTRATION • A. OCDC agrees to retain the Executive Vice President of OAMC to undertake the general management and coordination of all organizational activity; . direct all planning aims at deciding methods of implementation of OCDC goals; to be responsible for implementation of OCDC policy as directed by the OCDC Board of Directors. 1 • B. Specific duties: 1 . Assist the President and/or responsible officers in selection, education and motivation of all necessary committee personnel . 2. Direct processing of appointments relative to their completion and staff committee meetings, to include planning, notices, . preparation of necessary information, minutes, etc. 3. With the approval of the OCDC Board of Directors (and Executive Committee) , develop long-range plans for the achievement of important goals. 4. Employ necessary personnel (see addendum A for Job Description of principal staff assigned to OCDC activity) to accomplish OCDC (goals. 5. Direct all public communication. • b. Direct the representation of OCDC at various meetings on various occasions to include appearances as witness before local , state and federal bodies and/or agencies; public addresses and/or secure other speakers concerning OCDC; and maintain a list of available speakers. 7. Maintenance of close liaison with groups in community. S. Prepare and present to the Board of Directors of OCDC, periodic reports on OCDC activity. 9. Prepare and present annual goals and objectives, annual budget and a method of program evaluation, specifying performance indicators and attendant time lines. C. The Executive Vice President is accountable to the President of OCDC, the Executive Committee of OCDC, and the Board of Directors of OCDC. D. OCDC agrees to compensate OAMC for staff support, based upon actual time sheets and related expense reports submitted. E. This Memorandum of Understanding shall be in effect upon proper execution thereof by both parties hereto and shall continue on September 30, 1985. F. This Memorandum of Understanding shall be binding on all parties hereto and their successors and assigns. G . This memorandum of understanding shall be reviewed annually by OCDC and OAMC , and renewed annually upon mutual agreement by both parties . /'I 7( ,'d P SI � 0 � --- ---- DATE 4_ h 6 1_5:234, OAMC PRE PENT DATE OAMCJSECRETARY �7 DA E 3