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�CARRIED LOST LAID OVER WITHDRAWN )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 _._—.---
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APPROVE^ _------�
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� 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:
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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
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