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HomeMy WebLinkAbout32371 / 83-16April 21, 1983 (CARRIED PURPOSE: INITIATED BY: LOST LAID OVER lt 16 RESOLUTION WITHDRAWN ) APPROVE AGREEMENT WITH OSHKOSH COMMERCIAL DEVELOPMENT CORPORATION AND OSHKOSH ASSOCIATION OF MANUFACTURERS AND COMMERCE CITY ADMINISTRATION BE IT RESOLVED by the Common Council of the City of Oshkosh, that the proper City officials are hereby authorized and directed to enter into the attached agreement with Oshkosh Commercial Development Corpor- ation and Oshkosh Association of Manufacturers and Commerce to provide funding in an amount not to exceed $30,000 for the period of June 1, 1983 to June l, 1984. BE IT FURTHER RESOLVED that the monies for the stated purpose are hereby appropriated from Account No. 321-816, Community Development Block Grant - OCDC Contractual Services. Adopted by tiee Cau�ci� of the City o% Osfe&wl� ........................AD., 19..< ..................... •-•-°...._.... we� �a `S�MIT�iD gY .,� � ► �( � ` � —28— RESOLUTION # 16 Tne Oshkosh CommerCial Development Corporation, the Oshkoah Asaociation o` Dfanufacturera and Commerce,:and the City of Oshkosh agree as followsc 1. The City shall: A. Provide funding of $30,000 to the Oshkosh Commercial Develop- ment Corporation for the purpose of personnel expenses for the 12-month period between June 1, 1983 and June 1, 1984. 1) Funding for the period June 1, 1483 to June 1, 1984 shall be paid-with the 1983 allocation of Community Deve�- apment Block Grant funds, Should said Community Develop- ment Block Grant funds not be received by the City of Oshkosh, contract shall be null and void. �, 2) Funds to be released monthly, in advance upon receipt of proper invoice. B. Provide peraonnol and equipment for the administration of the Commercial Rehabilitation Program, C. Provide a general consulting service ��a the Oshkosh Commercial Development Corporation �s it is capable of daing so. 2. The Oshkosh Commercial Development Corporation shall: n. Promote the Oshkosh Commercial Rehabilitation Program and act as a review board to encaurage coordinated rehabilitation or existing commercial buildings in the Central Business District. B. Promote and encourage beautification of the CentraZ Business District. c. Review the City`s p1Ans for improvemente to the Central Buaineee District and to enlist private sector support for the plans which com- plement the objectives of the Oshkosh Commercial Development Corporation. D. Actively promote the Central Business District to new and ex- panding businesses. i.. Provide 59,000 from the proceeds of its small businese Loan Froyr�ims for the purpose of reimbursing the Oshkosh Association of -29- , . _ 2 _ RESOLUTION # 16 Manufacturers and Commerce for the value of services provided to the Oshkosh Commercial Development Corporation. This sum represents the value of those services, excluding the following: $5,690 of additional staff support, $270 for utilities, and $3,000 for office rent. 3: The Oshkosh Association of Manufacturers and Commerce shall: n. Provide supplies and expenses in support of aforementioned services in an amount estimated to be valued at $3,340. B. Provide office space and utilities in support of aforementioned services in an amount estimated to be valued at $5,570. C. Provide secretarial and bookkeeping services in support of aforementioned services in an amount estimated to be valued at $3,360, and additional staff support in an amount estimated to be valued at $5,640. D. Furnish the Oshkosh Commercial Development Corporation with the aforementioned supplies, expenses and services until the proceeds of the Loan Programs are obtained by the Oshkosh Commercial Development Corporation, and to provide the aforementioned services for the Oshkosh Commercial Development Corporation should the proceeds of the Loan Pro- grams not be sufficient to cover the operating expenses set forth in thi:: contract. 4. This agreement shall be in effect upon.proper execution thereof by all parties hereto and shall continue until June 1, 1984, 5. This aqreement shall be binding on the parties hereto and their successors and assigns., IN wITNESS wHEREOF, the parties have hereunto set their hsnds and seals as of this day of , 1983. a -30- - 3 - RESOLUTION # 16 OSHKOSH COMMERCIAL DEVELOPMENT CORPORATION BY: President . 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