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HomeMy WebLinkAboutRES 06-316 RESOLUTION NO. 06-316 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the City Manager be and he is hereby authorized to execute a one-year contract between BUILD, Inc., Beaumont Main Street, and the City of Beaumont for FY07 in the amount of $75,000 for downtown economic development purposes. The agreement is substantially in the form attached hereto as Exhibit "A." PASSED BY THE CITY COUNCIL of the City of Beaumont this the 17th day of October, 2006. MO,��AW Mayor Guy N. Goodson - i oft AW STATE OF TEXAS § COUNTY OF JEFFERSON § This agreement is made and entered into by and between the City of Beaumont, Texas, a municipal corporation of the State of Texas, hereinafter called "City", acting herein by and through its duly authorized City Manager, and BUILD, Inc., a non-profit corporation, hereinafter called "BUILD", acting herein by and through its President. WHEREAS, the City believes that economic development and downtown revitalization are crucial to the continued economic success of City and believes that BUILD should be retained to carry out a program of work on behalf of City to accomplish these goals; NOW,THEREFORE, in consideration of the mutual promises made herein,the City and BUILD agree as follows: STATEMENT OF WORK City does hereby enter into a contract with BUILD to provide a comprehensive range of plans and projects in Beaumont directed at economic development and downtown revitalization by: a) promoting the physical and social development, redevelopment and economic well being of downtown Beaumont; b) creating an environment in the downtown area which is conducive to residential, commercial, employment, recreational and cultural-artistic revitalization; c) attracting new employers; d) complying with all provisions of the Contract for Services-Urban Main Street program between BUILD and the Texas Historical Commission. GAMAGREEMEMBU ILD--07.wpd EXHIBIT "A" COMPENSATION City hereby agrees to pay to BUILD during the term of this agreement Seventy-five Thousand Dollars ($75,000)from the City's General Fund. BUILD agrees to raise at least Seventy-Five Thousand ($75,000) in additional funding from the private sector to match the City's financial commitment. DISBURSEMENT Payment to BUILD will be made on a reimbursement basis and those payments will be supported by proper verifiable documentation. RECORDS AND REPORTS Quarterly progress reports detailing the activities and accomplishments of BUILD, emphasizing compliance with the Urban Main Street Program, will be due thirty (30) days following the end of the quarter beginning with the quarter ending December 31, 2006. In addition to said quarterly reports, BUILD will also provide an annual review related specifically to the Urban Main Street Program covering the period of this agreement due on October 31, 2007. SUSPENSION AND TERMINATION The term of this agreement will be October 1, 2006, through September 30, 2007. Suspension and/or termination may occur if BUILD fails to comply with any or all provisions of this agreement or for convenience. GACG AGREEMEN UILD--07.wpd ACCESSIBILITY OF RECORDS The City retains the right to inspect and/or audit the records of BUILD, Inc. as they consider necessary to assure compliance with this agreement. LOSS, DAMAGE, PERSONAL INJURY BUILD agrees to indemnify, hold harmless and defend, at its own expense, the City of Beaumont and its officers, agents, servants and employees, from and against any and all claims, causes of action and damages of every kind arising out of or in conjunction with the execution, performance attempted performance or non-performance of this contract or from the operations and actions of BUILD, Inc., its officers, agents and employees. EXECUTED in duplicate originals this the day of , 2006. CITY OF BEAUMONT By: City Manager "CITY" ATTEST: By: City Clerk BUILD, INC. By: President "BUILD" ATTEST: By: GAMAGREEMEMBUILD-07.wpd