Loading...
HomeMy WebLinkAboutContractS-00321901 Page 1 of 10 ECONOMIC DEVELOPMENT PARTNERSHIP AGREEMENT BETWEEN THE PORT OF SEATTLE AND CITY OF RENTON S-00321901 This Economic Development Partnership Agreement (the " Agreement") is made by and between the Port of Seattle (the "Port") and the City of Renton ("Agency"), both municipal corporations of the State of Washington (each, a "Party" or, collectively, the "Parties"). RECITALS WHEREAS, engaging in the promotion of economic development is a recognized Port purpose authorized under RCW 53.08.245; and WHEREAS, RCW 35.21.703 similarly authorizes cities to engage in economic development programs; and WHEREAS, RCW 53.08.240(2) permits the Port to contract with another municipality to perform such undertakings each is authorized to perform; and WHEREAS, the Port Commission of the Port of Seattle established the Economic Development Partnership Program (the "Program"), to advance the Port' s Century Agenda, promote a dramatic growth agenda, support the creation of middle class jobs and help address the lack of economic development funding for local projects; and WHEREAS, grant funding across the region is very limited for cities that want to pursue economic development projects or initiatives, and Washington State has not had an economic development grant program for over 20 years; and WHEREAS, the Program will provide 38 King County cities per capita funding to advance local economic development throughout the region, and requires a 50% local match by the cities that receive the grants; and WHEREAS, the Program will help the Port advance regional economic vitality through focused partnerships with King County cities; and WHEREAS, the Program will make grants to cities that pursue programs and projects that stimulate business development, job creation and community revitalization, such as small business development, industry retention and expansion, and other economic development projects that support new investment and job creation; NOW, THEREFORE the parties agree as follows: 1.Purpose. The purpose of this Agreement is to establish a contractual arrangement under which the Port will pay the Agency Program funds in the amount set forth on Section 2 solely for the purpose of carrying out the local initiative described in Exhibit A, attached, and incorporated hereto by this reference (the "Project"). This Agreement shall be interpreted in furtherance of this purpose. CAG-24-152 S-00321901 Page 2 of 10 2. Responsibilities of the Port. The Port shall contribute Sixty Thousand and 00/100 Dollars 60,000.00) (the "Grant Funds") to assist the Agency in funding the Project. The Port shall disburse the Grant Funds to the Agency no later than thirty (30) days after receipt of a complete and correct invoice(s) detailing those Project deliverables completed in accordance with Exhibit A. 3. Responsibilities of the Agency. 3.1 The Agency shall contribute local funds equivalent to at least fifty percent (50%) of the Grant Funds towards the Project. 3.2 The Agency may contract with local non-profits to complete the Project or elements of the Project; provided, that the Port shall not, under any circumstance, disburse the Grant Funds to any of the Agency's contractors or subcontractors. 3.3 The Agency shall complete the Project no later than December 31, 2024. 3.4 The Agency shall provide a complete and correct invoice(s) detailing those Project deliverables completed in accordance with Exhibit A no later than December 31, 2024. 4. Term. This Agreement shall be become effective as of the date the Port executes this Agreement and shall terminate on December 31, 2024, unless earlier terminated under another provision of this Agreement. 5. Termination for Convenience. The Port may terminate this Agreement at any time for any reason, by giving the Agency thi rty (30) days' written notice. In the event the Agency has completed any portion of the Project by the time it receives the Port's notice of termination, the Port shall pay the Agency the percentage of the Grant Funds attributable to the Agency's completed portion of the Project. 6. Termination for Default. Except in the case of delay or failure resulting from circumstances beyond the control and without the fault or negligence of the Agency, the Port shall be entitled, by written or oral notice to the Agency, to terminate Agreement for breach of any of the terms and to have all other rights against the Agency by reason of the Agency's breach as provided by law. 7. Waiver. Failure at any time of the Port to enforce any provision of this Agreement shall not constitute a waiver of such provision or prejudice the right of the Port to enforce such provision at any subsequent time. No term or condition of this Agreement shall be held to be waived, modified or deleted except by a written amendment signed by the Parties 8. Partial Invalidity. If any provision of this Agreement is or becomes void or unenforceable by force or operation of law, all other provisions hereof shall remain valid and enforceable. 9. Indemnification and Hold Harmless Agreement. The Agency shall defend, indemnify, and hold harmless the Port, its Commissioners, officers, employees, and agents (hereafter, collectively, the "Port") from all liability, claims, damages, losses, and expenses (including, but not limited to attorneys' and consultants' fees and other expenses of litigation or arbitration) arising out of or related to the fulfillment of this Agreement; provided, however, if and to the extent that this Agreement is construed to be relative to the construction, alternation, repair, addition to, subtraction from, improvement to, or maintenance of, any building, highway, road, railroad, excavation, or other structure, project, development, or improvement attached to real estate, including moving or demolition in connection therewith, and therefore subject to Section 4.24.115 of the Revised Code of Washington, it is agreed that where such liability, claim, damage, loss or expense arises from the concurrent negligence of (i) the Port, and (ii) the Agency, its agents, or its employees, it is expressly agreed that the Agency's obligations of indemnity under this paragraph shall be effective only to the extent of the Agency's negligence. Such obligations S-00321901 Page 3 of 10 shall not be construed to negate, abridge, or otherwise reduce any other right or obligation of indemnity which would otherwise exist as to any person or entity described in this paragraph. This paragraph shall not be construed so as to require the Agency to defend, indemnify, or hold harmless the Port from such claims, damages, losses or expenses caused by or resulting from the sole negligence of the Port. In any and all claims against the Port, by any employee of the Agency, its agent, anyone directly or indirectly employed by either of them, or anyone for whose acts any of them may be liable, the indemnification obligation of this paragraph shall not be limited in any way by any limitation on the amount or type of damages, compensation benefits payable by or for the Agency, or other person under applicable industrial insurance laws (including, but not limited to Title 51 of the Revised Code of Washington), it being clearly agreed and understood by the Parties hereto that the Agency expressly waives any immunity the Agency might have had under such laws. By executing this Agreement, the Agency acknowledges that the foregoing waiver has been mutually negotiated by the parties. The Agency shall pay all attorneys' fees and expenses incurred by the Port in establishing and enforcing the Port's right under this paragraph, whether or not suit was instituted. 10. Comply with All Laws. The Agency shall at all times comply with all federal, state and local laws, ordinances and regulations, including but not limited to all environmental laws, which in any manner apply to the performance of this Agreement. 11. Integration. This Agreement, together with the attached Exhibit A, constitutes the entire agreement between the Parties and unless modified in writing by an amendment executed by the Parties, shall be implemented only as described herein. 12. Governing Law and Venue. This Agreement shall be governed by the laws of the State of Washington. Any action arising out of this Agreement shall be brought in King County. 13. No Employment Relationship Created. The Parties agree that nothing in this Agreement shall be construed to create an employment relationship between the Agency and the Port. 14. No Entity Created. The Parties agree that nothing in this Agreement shall be construed to create a joint entity between the Agency and the Port. 15. Notices. Notices to the Port shall be sent to: Notices to the Agency shall be sent to: Port of Seattle City of Renton Economic Development Division 1055 S. Grady Way P. O. Box 1209 Renton, WA 98057 Seattle, WA 98111 Attn: Gina Estep Economic Development Director 16. Audits and Retention of Records. The Agency in and make all books, records and documents (the "Records") relating to the performance of this Agreement open to inspection or audit by representatives of the Port or Washington State during the term of this Agreement and for a period of not less than six (6) years after termination of the Agreement; provided, that if any litigation, claim or audit arising out of, in connection with or related to this Agreement is initiated, the Agency shall retain such Records until the later of a) resolution or completion of litigation claim or audit; or (b) six (6) years after the termination S-00321901 Page 4 of 10 of this Agreement. 17.Amendment. This Agreement may only be amended by written agreement of the Parties. 18. Dispute Resolution. The Parties shall use their best, good faith efforts to cooperatively resolve disputes that arise in connection with this Agreement. IN WITNESS WHEREOF, the Parties hereto have executed this agreement as of the date first set forth above. PORT OF SEATTLE CITY OF RENTON By: William Zhou By: Armondo Pavone Contract Administrator II Mayor Signature Signature Dated Dated 6/14/2024 Attest:___________________________ Jason A. Seth City Clerk 6/18/2024 S-00321901 Page 5 of 10 EXHIBIT A Background: The Port of Seattle Economic Development Partnership Program is an annual, cooperative economic development program to help fund local economic development initiatives across King County. Based on a per capita calculation, King County cities (except Seattle) may each receive between $5,000 and $60,000 based on the city’s population. The maximum grant allocation for each city, with populations between 5,000 and 60,000 people, is based on one dollar per resident. Population estimates are determined by the Washington State Office of Financial Management. The Port uses the most recent population estimates at the start of the grant cycle. Cities with populations numbering less than 5,000 people are eligible to receive grant funds up to $5,000 and cities with populations numbering more than 60,000 people are eligible to receive grant funding up to $60,000. Grant funds require a 50 percent match of dollars or in-kind resources. In-kind resources can only be used for up to 25 percent of the grant award amount. Project Description: Project One Category: Plans/Special Projects The World Cup Legacy Square initiative represents a transformative effort aimed at revitalizing downtown Renton into a vibrant community hub, aligning with the shared goals of the City and Port of Seattle in small business assistance, tourism, and placemaking. At its core, the Square will provide a versatile space for various activities, including live entertainment, sports broadcasts, arts showcases, and community gatherings, fostering collaboration, cultural exchange, and connection among Renton residents. The absence of accessible public community gathering spaces in downtown Renton poses a significant obstacle to small businesses and community vitality. Without designated areas for events and activities, downtown suffers from a lack of connectivity, foot traffic, and safety concerns. This dearth inhibits small businesses' ability to thrive and stifles community engagement and unity. The World Cup Legacy Square initiative aims to tackle these challenges head-on by creating a welcoming and inclusive environment where residents of all backgrounds can actively participate in community events and special occasions. Renton's diverse population stands to benefit significantly from the World Cup Legacy Square project. As highlighted by a recent study by WalletHub, Renton ranks as the second most ethnically diverse city in Washington and the 16th nationally. With 59% of the population being non-white, 28% foreign-born, and 38% speaking a primary language other than English, the Square will cater to the diverse needs and interests of the community, ensuring that everyone feels represented and included. Leveraging the momentum of the world's largest sporting event, the project aims to establish the World Cup Legacy Square as a focal point in downtown Renton. Alongside a soccer pitch committed by the Seattle Sounders' RAVE Foundation, key components include a jumbo screen for year-round public viewing of events, a stage for live entertainment, and a business incubator to support local entrepreneurs and enhance economic activity. By 2025, our goal is to create a vibrant community gathering space that serves as a central hub to unite our community for years to come. The Square will stimulate additional foot traffic, promote community connections, and stimulate economic growth in downtown Renton. Through diverse programming, including live music, sports broadcasts, rallies, and arts showcases, we will eliminate financial barriers to participation, ensuring inclusivity for all residents. Emphasizing inclusivity and accessibility, the World Cup Legacy Square will strengthen community bonds by offering activities and events regardless of income level. The project aims to establish a community hub at the heart of Renton, fostering unity and pride among residents while showcasing the vibrant cultural identity of our city, all while driving economic opportunity for our existing business, by increasing foot traffic to downtown and incubator space for new business ventures. Smart Goal (Specific, Measurable, Achievable, Relevant, Time-bound): Increase attendance at the World Cup Legacy Square consistently throughout 2024, demonstrating steady growth in community engagement and site utilization. S-00321901 Page 6 of 10 o Specific: Achieve continuous growth in attendance at the World Cup Legacy Square over the course of 2024. o Measurable: Monitor attendance trends on a monthly basis to track progress and identify areas for improvement. o Achievable: Implement a variety of promotional strategies, such as targeted marketing campaigns, community events, and partnerships, to attract more visitors to the square. o Relevant: Increasing attendance indicates growing community interest and participation, aligning with the project's objectives of revitalizing downtown Renton and fostering economic vibrancy. o Time-bound: Achieve consistent growth in attendance throughout the year 2024, ensuring that the square becomes a thriving community hub by the project's completion. Increase the number of small businesses utilizing the pop-up spaces by 50% within the first six months of operation, contributing to the economic vibrancy of downtown Renton. o Specific: Increase the utilization of pop-up spaces by small businesses by 50% within the first six months of operation. o Measurable: Track the number of small businesses utilizing the pop-up spaces before and after the six-month period. o Achievable: Provide incentives and support to encourage small businesses to utilize the pop-up spaces, leveraging partnerships and outreach efforts. o Relevant: Contribute to the economic vibrancy of downtown Renton by supporting and fostering the growth of small businesses. o Time-bound: Achieve this goal within the first six months of operation, starting from the commencement of site preparation and construction in April 2024. Establish partnerships with at least three additional community organizations by the end of March 2024 to enhance the support network for the World Cup Legacy Square project. o Specific: Form partnerships with three new community organizations to support the goals of the World Cup Legacy Square project. o Measurable: Track the number of new partnerships established by the end of March 2024. o Achievable: Identify potential partners aligned with the project's objectives and engage in collaborative discussions to formalize partnerships. o Relevant: Strengthen the project's impact and outreach by leveraging the resources and networks of additional community organizations. o Time-bound: Achieve this goal by the end of March 2024, during the project planning and stakeholder engagement phase. Collaborate with existing partners to host at least two community engagement events by November 2024, aimed at promoting the World Cup Legacy Square and fostering community connections. o Specific: Organize and host two community engagement events in collaboration with project partners. o Measurable: Track the number of attendees at each event and gather feedback to assess community engagement. o Achievable: Work closely with partners to plan and execute engaging events that attract community members. o Relevant: Increase awareness of the World Cup Legacy Square project and cultivate a sense of community ownership and involvement. o Time-bound: Host the two community engagement events by September 2024, during the installation and modification phase of the project. Timelines: January 2024 - March 2024: Project Planning and Stakeholder Engagement o Conduct initial meetings with key stakeholders to gather input and establish partnerships. o Develop a comprehensive project plan, including goals, objectives, budget, and timeline, incorporating strategies to increase attendance at the World Cup Legacy Square. S-00321901 Page 7 of 10 o Begin designing and setting up a dedicated website for the World Cup Legacy Square project, integrating trackable metrics for event promotion and engagement, including metrics related to attendance growth. April 2024 - June 2024: Site Preparation and Design o Secure necessary permits and approvals for site preparation and construction, ensuring compliance with regulations to facilitate the project's progress towards increasing attendance. o Work with engineers and designers to finalize plans for the community gathering space, considering factors that could enhance visitor experience and attract more attendees. o Continue website development, focusing on user interface design and integration of engagement metrics, with specific attention to features that encourage increased attendance. July 2024 - September 2024: Installation and Modification o Procure necessary equipment, including the jumbo screen and stage for live entertainment, evaluating options that could enhance the attractiveness of the World Cup Legacy Square and draw more visitors. o Install infrastructure for the business incubator/start-up space, considering how this feature could contribute to the square's appeal and attract entrepreneurs and community members. o Complete website setup, including content creation and implementation of trackable metrics for event promotion and community engagement, with an emphasis on strategies to drive attendance growth. October 2024 - December 2024: Construction and Installation o Begin construction of the community gathering space, including the installation of the soccer pitch and other amenities, ensuring that the layout and features are conducive to increased attendance. o Finalize setup of the jumbo screen and stage for live entertainment, exploring ways to utilize these elements to attract more visitors and enhance the square's appeal. o Conduct training sessions for staff involved in managing the Square and its online presence, emphasizing the use of metrics for event promotion and community engagement tracking, with a focus on strategies to drive attendance growth. Project Metrics: Accomplishments by the End of 2024: Completion of project planning and stakeholder engagement. Securing necessary permits and approvals for site preparation and construction. Procurement and installation of key equipment and infrastructure, including the jumbo screen, stage, and business incubator/start-up space. Finalization of website setup, including the integration of trackable metrics for event promotion and community engagement. Commencement of construction of the community gathering space, setting the stage for the World Cup Legacy Square to become a focal point for Renton's community engagement and economic revitalization efforts. Project 2 Project Category: Small Business Assistance Startup 425 is a community-driven initiative aimed at fostering a thriving entrepreneurial culture on the Eastside. We provide resources and programs to reduce barriers for non-traditional and first-time small business owners across all industries. Smart Goal (Specific, Measurable, Achievable, Relevant, Time-bound): Increase event attendance and scale outreach efforts by implementing targeted strategies to engage entrepreneurs and small business owners in Renton. Specifically, achieve a 30% increase in event attendance by the end of 2024 compared to the previous year, with a focus on diversity in business leadership and industry representation. S-00321901 Page 8 of 10 Timelines: January 2024 - March 2024: Continue hosting small and medium events across the five cities of the Eastside to foster community engagement and support for entrepreneurs. April 2024 - June 2024: Implement email signups on the new website to capture leads for the newsletter, with a goal of increasing subscriber numbers. Finalize plans for the entrepreneur accelerator program, ensuring alignment with the needs of aspiring business owners in Renton. Prepare for the launch of the participant satisfaction survey (NPS) to gather feedback and improve program effectiveness. July 2024 - September 2024: Host larger events to attract a broader audience and increase community participation in Renton. Expand outreach efforts to engage entrepreneurs from diverse backgrounds and industries. Collaborate with partners from the Eastside to enhance program offerings and provide additional support for startups in Renton. October 2024 - December 2024: Evaluate progress towards the goal of increasing event attendance and outreach in Renton, adjusting strategies as needed to maximize impact. Analyze data on business leader/owner diversity, survival rates, and new business starts to measure the initiative's impact on the local entrepreneurial ecosystem in Renton. Explore opportunities for further expansion and collaboration to sustain momentum and continue supporting small businesses in Renton. Project Metrics: Percentage change in event attendance year over year in Renton. Diversity metrics for business leaders/owners in Renton. Survival rates of startups and small businesses in Renton. Number of new business starts in Renton, categorized by venture-scale startups and traditional small businesses. Company size and progression indicators, including employee size and market cap, in Renton. Number and diversity of events hosted in Renton. Partnerships established with organizations to enhance program offerings and support for entrepreneurs in Renton. Budget Project: Project Category Please select one of the categories provided) Port of Seattle Funds Awarded: City Monetary Matching Funds: City In-kind Matching Funds: Total Funds Including In-Kind): Project One Plans/Special Projects $46,667 $23,333 0 $70,000 Project Two Small Business Assistance 13,333 $6,667 $20,000 Total Funds: $60,000 $30,000 0 $90,000 Percentage contribution to Port Funds*: 100% 50% S-00321901 Page 9 of 10 Collaboration with partners As part of the World Cup Legacy Square project, the City of Renton is collaborating with a range of partners to ensure its successful realization. These partners include: 1. Seattle Sounder and the Rave Foundation: The Seattle Sounders are contributing a Rave Soccer Pitch valued at 125,000, which will complement the World Cup Legacy Square and enhance the overall sports offerings in the area. They are providing expertise in sports facility development and management, as well as support in promoting and programming sports-related events and activities within the World Cup Legacy Square. 2. Seawolves: The Seawolves are partnering with the City of Renton to support the development of the World Cup Legacy Square, bringing their expertise and resources to the project. 3. PacNW: PacNW is collaborating with the City of Renton offering financial support, access to facilities, and connections within the local soccer community to enhance the project's scope and impact. 4. Renton School District: The Renton School District will also contribute by providing access to school promotional material and promoting activities hosted in the World Cup Legacy Square within the school community. This collaboration aims to increase awareness and engagement among students, parents, and faculty members, fostering a sense of community involvement and support for the project's initiatives. 5. Seattle Sports Commission: The Seattle Sports Commission is supporting the World Cup Legacy Square project by promoting its initiatives and leveraging its network to attract visitors and participants to the area. The commission aims to attract visitors and participants to the area, boosting tourism and enhancing the project's visibility. They are committed to setting up the project for success in preparation for the World Cup in 2026, ensuring that it aligns with the event's goals and objectives. 6. Renton Downtown Partnership: The Renton Downtown Partnership is collaborating closely with the City of Renton to drive economic development and community engagement in downtown Renton, with a specific focus on the World Cup Legacy Square project. They will provide support in marketing, event planning, and fostering local business involvement to ensure the project's success and sustainability. 7. Family First Community Center: The Family First Community Center is partnering with the City of Renton to ensure that the World Cup Legacy Square project is inclusive and family-oriented. They will contribute to programming decisions, facilitate facility usage, and engage in community outreach efforts to ensure participation from residents of diverse backgrounds and socioeconomic statuses. By harnessing the collective expertise, resources, and networks of our partners, the City of Renton is committed to laying the groundwork for the construction and establishment of the World Cup Legacy Square by the end of 2024. This joint endeavor is aimed at creating a vibrant and inclusive community space that enriches the lives of residents and visitors, with a vision extending to the World Cup in 2026 and beyond. The square is poised to become a lasting legacy, enhancing downtown Renton as a thriving hub for all. Our partners share in this vision and are eager to collaborate towards its realization. For the Startup425 project aimed at providing small business assistance, the City of Renton continues its collaborative efforts with partner cities across the Eastside. We are actively engaged with the five cities of Bellevue, Issaquah, Redmond, Kirkland, and Renton to ensure a cohesive and coordinated approach towards achieving our project goals. Use of consultants or contractors: For the Startup425 program, the City of Renton will contract with the City of Bellevue, which oversees the operations of the program on behalf of the Eastside partners. The City of Bellevue will manage the coordination and implementation of the Startup425 program, ensuring alignment with the goals and objectives set forth by the partner cities. S-00321901 Page 10 of 10 Equity: Provide an overview of how intended projects support economically, socially disadvantaged communities, or WMBE businesses within your city or region. The World Cup Legacy Square project aims to create inclusive spaces for all residents of Renton, regardless of income level, fostering community bonds and showcasing Renton's vibrant cultural identity. With Renton being the second most ethnically diverse city in Washington, and 16th nationally, with a population that is 59% non-white, 28% foreign born, and 38% speaking a primary language other than English, the Square directly benefits diverse communities by providing free access to high-value programming and activities. By televising World Cup matches and other sports events in an openly accessible public space, the project promotes inclusivity and empowers residents of all economic and cultural backgrounds to engage with their community. Similarly, the Startup425 initiatives prioritize supporting small businesses owned by economically and socially disadvantaged individuals, as well as Women and Minority-Owned Business Enterprises (WMBEs), across the region. Through tailored training programs, focused outreach efforts, and enhanced access to resources, the aim is to bridge the gap and provide equitable pathways for entrepreneurship and business success. To ensure inclusivity, the city will host outreach events conducted in Vietnamese and Spanish, recognizing these as high-priority languages within the Renton community. These events introduce businesses to City resources and offer opportunities to benefit from Startup425 programming. Both projects contribute to the economic empowerment and social advancement of underrepresented groups, promoting greater equity and opportunity for all members of the Renton community.