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HomeMy WebLinkAbout531 N Main LLC DelerFire agreement 2014 AGREEMENT WHEREAS, 531 N. Main LLC has an offer to purchase and desire to redevelop the property commonly known as the former Kitz Printing building, located at 531 N. Main Street and encompassing the parcel identification number 90700350100, located in the City of Oshkosh ("the Property") as shown on the attached Exhibit "A" to this Agreement; and WHEREAS, Neleven, Inc. "DealerFire" will be moving their business to the building once redevelopment is completed; and WHEREAS, the City of Oshkosh (the "City") desires to work with 531 N. Main LLC to facilitate the redevelopment of the Property; and WHEREAS, it is desirable to prepare and submit an application for a Wisconsin Economic Development Corporation (WEDC) Community Investment Grant Program (CIP) to assist with certain of the costs associated with the redevelopment of the Property; and NOW, THEREFORE, the City of Oshkosh, hereinafter referred to as the "City", and 531 N. Main LLC and Neleven, Inc. hereinafter referred to as "DealerFire", agree as follows: 1. The City shall submit an application for a WEDC Community Investment Grant Program (CIP) to assist with the 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 CIP grant requirements in relation to this Agreement and the WEDC CIP grant, if awarded. 3. 531 N. Main LLC 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 CIP grant, if awarded, including but not limited to permits and approvals from the Wisconsin Historical Society. 4. 531 N. Main LLC shall be responsible for the Match Investment identified in the WEDC CIP 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 CIP grant, if awarded. 5. 531 N. Main LLC shall use WEDC CIP funds under the terms of the activities outlined in Exhibit B. Failure to use the WEDC CIP funds on the terms of Exhibit B will result in payment requests being denied. 6. 531 N. Main LLC 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 CIP grant. 7. 531 N. Main LLC 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 CIP grant. 8. 531 N. Main LLC shall comply with the requirements listed in the agreement between the WEDC and the City. tski-Via) 9. 531 N. Main LLC and Neleven, Inc. shall fully and completely cooperate with the City, the City's attorneys, the City's Auditors or other representative of the City (collectively, the "City") in connection with any internal or governmental Audit, with respect to matters relating to this Agreement. Such cooperation may include, but shall not be limited to, responding to requests for documents and/or other records, and making Contractor's employees available to the City (or their respective attorneys or auditors) upon reasonable notice for: (i) interviews, factual investigations, and providing declarations or affidavits that provide truthful information in connection with any Audit; (ii) volunteering to the City all pertinent information related to any Litigation or Audit; and (iii) providing information and legal representations to auditors in a form and within a timeframe requested. 10. The agreement between 531 N. Main LLC and the City shall expire once the project is completed and all necessary paperwork has been submitted to the WEDC. 11. Subject to any limitations contained in Sec 893.80 and any similar statute, of the Wisconsin Statutes, the City agrees to hold 531 N. Main LLC, 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. 531 N. Main LLC 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 531 N. Main LLC'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 345.05, 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. Notwithstanding any other provision of this Agreement, it is further agreed that to the fullest extent permitted by law 531 N. Main LLC 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, 2 'VPv 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. 12. This Agreement shall be construed under the laws of the State of Wisconsin. 13. 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. 3 IN WITNESS WHEREOF, the City of Oshkosh, Wisconsin, and 531 N. Main LLC and Neleven, Inc. have respectively caused this Agreement to be duly executed on this /,5 day of January, 2014. CITY OF OSHKOSH 531 N. :i 1 4 By: e, "` 'tC_ By: u - A Rohloff, Cit Man.•er Eric • •pman, Co-owner I . r' And: we. .Li /r�'l> • And: ' -.---- Pamela R. Ubrig, Ci Clerk ' I A :gner, Co-owner And li,atf id Neleve , _ .Rum, wait , 6sistgal-Finance Director And ■ Eric s• President STATE OF WISCONSIN ) ) ss. WINNEBAGO COUNTY ) Personally came before me this day of January, 2014, the above named Eric Hoopman and Brian Wagner, the owners of 531 N. Main LLC to me known to be the persons who executed the foregoing instrument and acknowledged same as and for said company, by its authority. \`1���∎ii,iiii��ri��i .�.`..N.F E!. I, 1/0 o -ry obit" innebago C unty, WI ��qRy. •%" 1 y • ission Expires: t 1 ; u, • BUG• STATE OF WISCONSIN ) -> 9 ••••‘, WINNEBAGO COUNTY ) Personally came before me this day of January, 2014, the above named Eric Hoopman, President of Neleven, Inc. to me known to be the persons who executed the foregoing instrument and acknowledged same as and for said company, by its authority. No u i innebago Count f, WI,\`\\�N\FE?1Fy'' y C mission Expires: l 1 I fo�'dt11• 437 p\ PUBLIC ,/r/oliiiii Woo 4 pi STATE OF WISCONSIN) ) ss. WINNEBAGO COUNTY ) Personally came before me this JS`1 day of January 2014, the above named Mark Rohloff, City Manager, Pamela R. Ubrig, City Clerk, and Tari Wt0d 4, Vq2u... Finance Director, of the City of Oshkosh, to me known to be the persons who executed the oregoing instrument and acknowledged same as and for said Corporation, by its authority. G Notary Public, Winnebago Ooun y, WI My Commission Expires: 1/4a0/i/ Ap4roved as to form: A `N 'LA.Ai. - i[Iww A fj Lynn •renson, 11614 •rney 5 Exhibit A ;' 'IIICIIIIIIIIWIMIIIIIII 531 N. Main Street Tax#07-0035-01-00 3 j i co LOTS 7, 8& S 10 FT OF 9&32 ALSO LOTS 30 &310 EXC THAT PRT IN DOCS#1255768&#1295769 k ',e R OF D &FORMER RR R/W HENNINGS PLAT OF �" " LOT 2 BLK 43 rv � 00— ,,, ,...**‘;, _. —t b;111111''L' f e . , rs ::' ' -: - JAI.' , .' 1 i a le. °�.-y YF i Subject Site + '.. p. ` k.1� y L y YI.:- • t. I. ' / / IN.. =z .� x a°a "' s U w `It,. it•4110 -,. ,411/4-'17-41°- 4":.•"..' ,., 1:90 ,4,r it*skilf.'-'14. - _ 17 _, ' " a. 519A ' -,'-, ' ''so, ,..'',"-„, 4.'‘ltk`,1'; - w i . uppillPrpuirONVIONP. t. - 1:1 "'"h' y a i4 '. R -__ i. a.u - s 4 . .. 4P. - ' I .i. ‘. ' .... . '',-, 404%., ,,,,, ' . _ .. `'•,-- / --:'''7'-''' ",' * It''* -.., ' '., '• 7.., . - ' :.,"... T' "� ' 4 1 t r O O J4r :ilitiet4.',.::'.:',.,, . „..,,,..-Ir '' . ':'-' '''' .,,,,..1''' ',"4:',.° •-',- .:If II: ar.- '' .,„,,,,. . 3,-1--',.** ` ►n in rte. ti E ............ ,.1 " .1 1 ( - - A 1 in=0.02 mi 1\ 1 il , 1 in=80 ft The City of Oshkosh creates and maintains GIS maps and data for its own use. They may show the approximate relative location of property,boundaries and other feature from a variety of sources. Printing Date:12/9/2013 OfFIK(afFI These map(s)/datasets are provided for information purposes only and may not be sufficient or THE appropriate for legal, engineering, or surveying purposes. They are provided "AS-IS" without Prepared by:City of Oshkosh,WI ON WATER warranties of any kind and the City of Oshkosh assumes no liability for use or misuse. User jeffn H:\jeffn\Planning Base Map-Jeff.mxd : Exhibit B Wisconsin Economic Development Corporation Community Development Investment Prospect Data Sheet a 8 �a ... ....... Grant Request: $250,000 Applicant Match: $ 992,000 Total Project Cost: $ 1,242,000 Project Tier(pick one): ❑Tier 1 ® Tier 2 ❑ Tier 3 Name of WEDC Community Account Manager:Naletta Burr B APPL]<CANT'INFORMA LON Legal Name: City of Oshkosh Applicant Type: City ['Town ❑Village ❑County FEIN#: 39-6005563 See Attachment#1 (Submit completed W-9 as a separate document) Address: 215 Church Ave,PO Box 1130 City, State, Zip: Oshkosh,WI 54903 Telephone. #: (920)236-5055 Fax#: (920)236-5053 Internet Address: www.ci.oshkosh.wi.us C. FOCAL GOVERNMENT'CONTACTS Primary Contact: Name:Allen Davis Title:Community Development Director Address(if different): Phone:(920)236-5055 Email: adavis @ci.oshkosh.wi.us Highest Elected Official: Name:Burk Tower Title:Mayor Address(if different): Phone:(920)236-5002 Email:btower @ci.oshkosh.wi.us Official Authorized to Sign Contracts: Name:Mark Rohloff Title:City Manager Address(if different): Phone: (920)236-5002 Email:mrohloff @ci.oshkosh.wi.us Individual to Receive Grant Payments: Name:Allen Davis Title:Community Development Director Address(if different): Phone:(920)236-5055 Email:adavis @ci.oshkosh.wi.us Reporting Contact: Name:Kelly Nieforth Title:Economic Development Specialist Address(if different): Phone:(920)236-5045 Email:knieforth@ci.oshkosh.wi.us D. SECONDARY CONTACT(e,g, consultant, developer,partner, as applicable); Name:Eric Hoopman Title:Founder and President Organization:Neleven,Inc.DB/A DealerFire Explain Role:Founder and President of business that will utitlize grant funds. Address: 146 Algoma Blvd. Suite G City, State,Zip:Oshkosh,WI 54901 Tele.#: (920)230-1111 Fax#:(920)230-1107 Email Address:ehoopman @dealerfire.com 1 E. PROJECT AREA DETAILS Project Location: ®City ❑Town El Village Of: County: Winnebago Is the project located in a TID?El Yes ®No If yes,creation date: Click here to enter a date. Is the project located in a State or Federally declared disaster area?°❑Yes ®No If yes, was the declaration within the 24 months prior to submitting an application?❑Yes ❑No If yes, date of declaration: Click here to enter a date. Does the applicant currently own the property on which work is to occur? ❑Yes ®No If no, how do you have or expect to obtain ownership or access to the property? ❑ Condemnation Timeframe: ❑ Tax Delinquency Timeframe: ® Purchase (attach purchase agreement or option) Timeframe: Closing December 20th,2013. See Attachment#2. ❑ Development Agreement Timeframe: ❑ Other: Timeframe: Current Ownership: Jeffrey Kitz Phone:(920)233-3974 Email:N/A F. REDEVELOPMENT NARRATIVES (reference Required Supporting Documentation as needed) 1. Project Description (three page limit): a. Describe the project,its implementation and the significance of this project to the community b. The potential of the project to enhance the livability of the community(e.g. removal of blight, enhancement of pride) c. The extent to which this project is included in and/or complements previous regional or municipal planning efforts d. The extent to which the project supports best smart growth practices;best downtown redevelopment practices; and has community wide support e. Describe any public/private partnerships developed and the extent to which the applicant can ensure that all of the activities outlined within this application will be undertaken? (e.g. conditions of loan agreements,status of development agreements, etc.) See Attachement#3 2. Project Timeline(two page limit): a. Describe past and planned project activities with timelines, including planning process, site control, environmental condition,and a project implementation schedule b. Provide detailed descriptions of intended property transactions to occur over the next five years See Attachment#3 3. Project Financing (two page limit): a. Describe the various methods that will be used to fund the project and include the progress of establishing or receiving funds b. Describe the financial need for grant funding that cannot be met through private sector sources (e.g. traditional financing, equity investment or donor support),public sector support(e.g. RLF financing,TIF financing, and public borrowing) or a reduction in the scope of the project See Attachment#3 2 4. Economic Development Potential (two page limit) a. Describe the potential of the project to enhance the economic viability of the community(e.g. tax base increases,job creation, stimulation of private investment). A response should consider the impact on the area's economic distress and any other factors of significant impact b. Describe the potential for the project to promote economic development in the neighborhood, community, county and/or region See Attachment#3 G.`PROJECT TIMELINE Start Date: January 2014 End Date: July 2014 H. FROJECTED_ECONOMIC DEVELOPMENT How many full-time jobs will likely be created at the project site: 65 existing, 123 new jobs Average wage: $35,366 Current assessed value of the property or district in which work is occurring: $227,000 Projected assessed value of the property or district in which work is occurring: $840,000 A detailed justification of these estimates should be provided in the Economic Development Potential narrative requested above. I. LEGAL INFORMATION = YESINO Has the applicant, or any owner, officer, subsidiary or affiliate,been involved in a lawsuit ❑ Yes ®No in the last 5 years? Has the applicant, or any owner,officer, subsidiary or affiliate, ever been involved in a ❑ Yes ®No bankruptcy or insolvency proceeding or are any such proceedings pending? In the last 5 years,has the applicant, or any owner, officer,subsidiary or affiliate, been charged with a crime, ordered to pay or otherwise comply with civil penalties imposed, or ❑ Yes ®No been the subject of a criminal or civil investigation? Does the applicant, or any owner, officer, subsidiary or affiliate,have any outstanding tax ❑ Yes ®No liens? Please attach a detailed explanation of any YES responses. I.-STATE-REQUESTS FOR BID OR PROPOSAL Are you aware of any State of Wisconsin request for bid or request for proposal to which the applicant intends to respond or to which the applicant or has recently responded? ❑ Yes ®No If yes,please provide the following: • a. Identify the bid or request for proposal(e.g.,bid number, or general description or title). b. Identify the state agency or public entity to which you are submitting the bid or proposal. c. Explain the status of the bid or proposal (e.g.,recently submitted; considering submission;in current negotiations). Please note that if you answer"yes",WEDC may not be able to discuss potential fmancial assistance until the request for bid or request for proposal process has been completed. 1 3 K REQUIRED SUPPORTING_DOCUMENTATION CHECKLIST Please include the following attachments: Included Attachment 1. A map indicating the project location within its municipal jurisdiction and any specially designated federal, state or local economic or taxation zone ® 7 encompassing the project site.Photographs of the site and surrounding area. 2. A copy of any applicable redevelopment plan pertaining to the project. ® 8 3. Narrative describing each line item included in the project budget. If any ® 9 past costs are to be considered as match,please dates,purpose and amount. 4. A copy of any cost estimates or bidding conducted for costs listed in the ® 10 project budget, or an explanation of the basis for all costs. 5. A copy of any applicable development agreement with private parties benefitting from project implementation. 6. A copy of the project pro forma to demonstrate the financial viability of the 11 project. 7. Documentation that demonstrates the success of obtaining financing (e.g. commitment letters from lending institutions,municipal resolutions for ® 12 financing or TID creation). 8. For any committed end users or partners having an ownership in the property,provide a history of the individual or company's operations with ® 13 resumes detailing relevant experience and involvement and percentage of ownership if applicable. 9. Individuals owning 20%or more of the project may be required to submit ® 14 signed and dated personal financial statement. 10. Statements from community,public and economic development leaders that ® 15 support the project proposed for funding. 4 L. CERTIFICATION,STATEMENT This application, and the information being submitted to WEDC, is true and correct to the best of my(our) knowledge. This also certifies that: 1. The applicant certifies that to the best of its knowledge and belief,the information being submitted to WEDC is true and correct. 2. The applicant understands submitting false or misleading information in connection with an application may result in the applicant being found ineligible for financial assistance under the funding program, and the applicant or its representative may be subject to civil and/or criminal prosecution. 3. The applicant certifies that it is in compliance with all laws,regulations, ordinances and orders of public authorities applicable to it. 4. The applicant certifies that it is not in default under the terms and conditions of any grant or loan agreements,leases, or financing arrangements with its other creditors. 5. The applicant understands this application and other materials submitted to WEDC may constitute public records subject to disclosure under Wisconsin's Public Records Law, § 19.31 et seq. The applicant will mark documents"confidential"where appropriate for financial and other sensitive materials that should be,to the extent possible,be kept in confidence. WEDC will notify the applicant if it receives a public records request for materials marked confidential. 6. The applicant certifies that WEDC is authorized to obtain a credit check and Dun and Bradstreet on the applicant,the business and/or the individual(s). 7. The recipient of Community Development Investment Grant funds shall enter into a contract with WEDC that may require, at the discretion of WEDC,a personal or business guarantee from any private owner of the site with more than 20%ownership interest. 8. The recipient of Community Development Investment Grant funds shall provide WEDC verified statements, semi-annual project reports, financial reports, and a financial audit in accordance with the contract between parties. 9. The applicant understands that grant eligibility is limited to only one Tier 1 or Tier 2 Community Development Investment Grant per fiscal year. 10. Funds received for remediation under the Community Development Investment Grant program shall not replace funds from any other source including Agri-Chemical, Petroleum Environmental Cleanup Act and the Superfund. 11. Funds received under the Community Development Investment Grant program shall not be used for environmental remediation costs where there is a known viable causer of contamination with ownership interest in the property. 12. The applicant certifies that it has disclosed and will continue to disclose any occurrence or event that could have an adverse material impact on the project. Adverse material impact includes but is not limited to lawsuits, criminal or civil actions,bankruptcy proceedings,regulatory intervention or inadequate capital to complete the project. 13. The applicant will provide signage, according to WEDC specifications, at the project site indicating WEDC financial participation should grant funds be provided to the project. 14. The applicant is will identify WEDC participation in planning and feasibility documents should grant funds be provided to produce the documents. 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