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HomeMy WebLinkAbout34298 / 87-521 FEBROARY 19, 1987 #521 RESOLUTION �CARRIED LOST LAID OVER WITHDRAWN ) PURPOSE: APPROVE AGREEMENT WITH OSHKOSH ASSOCIATION OF MANUFACTURERS AND COI9MERCE INITIATED BY: DEPARTMENT OF COPII�tUNITY DEVELOPMENT BE IT RESOLVED by the Common Council of [he Ci[y of Oshkosh [hat , the proper City ofHcials are hereby aa[horized and directed [o enter in m the a[tached Agreement wi[h [he Oshkosh Association of Manufac[urers and Commerce to provide funding in an amoun[ not to exceed $25,000.00 for the period of March 1, 1987 to February 29, 1988. BE IT FURTHER RESOLVED [ha[ monies for [his purpose are hereby appropriated from the 1987 Community Developmen[ Block Grant Program. SU➢Id:TTED RY _._—.--- � �. APPROVE^ _------� - 25 - � RFS. Ik521 AGREEMENT The City of Oshkosh, herein re£erred to as ��CITY", and the Oshkosh Association of Manufacturers and Cosmerce, herein referred to as "OAMC", agree as follows: 1. The City shall: A. Provide funding of $25,000. 00 to OAMC for the 12- month period from March 1, 1987 through February 29, 1988. (1) Funding for this period shall be paid with 1987-88 Community Development Block Grant funds. Sheuld said £unds 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 general consulting service to OAMC as it is capable of doing so. 2 . OAMC shall: A. Develop and promote an economic development program which shall consist� of both commercial and industrial development, and provide a description of the Program which shall, at a minimum, include: scope of services, intended beneficiaries, time period of program, and performance goals and schedules. B. Promote the Oshkosh Commercial Rehabilitation Program and act as a review board to encourage coordinated rehabilitation of commercial buildings in the Program area. C. Maintain records which adequately identify the use oP the Block Grant funds and ensure compliance with applicable regulations. D. Provide the City with an operating budget and an annual audited financial statement. E. Provide quarterly reports, beginning June 1, 1987, which include the following in£ormation: - z5a - RES. k5J1 (1) CDBG funds eSCpended. (2) Type and amount of service provided. (3) Progress towards per£ormance goals. F. Cooperate and provide information necessary for the ' City to monitor this activity. 3 . If the City or OAMC is unable to meet their £ull responsibility under the terms of this Agreement, adjustments to this Agreement may be mutually agreed upon. 4 . Should it be determined by the City that OAMC is not performing in accordance with this Agreement and the applicable Department of Housing and Urban Development regulations, the City at its discretion can terminate this Agreement and recover Punds allocated under this Agreement. IN WITNESS THEREOF, the parties hereunto set their hands and seals as o£ this _ day of , 1988. WITNESS: OSHKOSH ASSOCIATION OF MANUFACTURERS AND COP4SERCE PRESIDENT SECRETARY WITNESS: CITY OF OSHROSH WILLIAM D. FRUEH CITY MANAGER DONNA C. SEF2WAS� CITY CLERI( APPROVED AS TO FORM: APPROVED AS TO FUNDING AVAILABILITY: - WARREN P. KFiAFT EDWARD A. NOI(ES ASSISTANT CITY ATTORNEY FINANCE DIRECTOR - 25b - _ , n �(+p1 C"> 3 �l 3 Y .ZJ .v � � .� � J J �4 v� N �'G Z y r-� d C �O C O M Y e+ mz � oioc tD �G O •• � h �� � � � C FO � � a o -so � Ce�� ao hm �n m °v � vsi �o �� ^-� ° � �a � � � a x � oo �y n o Y � � � � �o a m Y m v.no a N(p p(p (T\ � - vOlp O Z M!p 00 3 O G (D O O p �4 O!p � . _ � i I