HomeMy WebLinkAboutRES 4367 CITY OF RENTON, WASHINGTON
RESOLUTION NO. 4367
A RESOLUTION OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING THE
MAYOR AND CITY CLERK TO ENTER INTO AN INTERLOCAL AGREEMENT WITH THE
CITIES OF BELLEVUE, ISSAQUAH, KIRKLAND, AND REDMOND ENTITLED
"INTERLOCAL AGREEMENT ESTABLISHING A COOPERATIVE EFFORT TO SUPPORT
REGIONAL ECONOMIC DEVELOPMENT(Startup 425)."
WHEREAS, the City of Renton (the "City") and the Cities of Bellevue, Issaquah, Kirkland,
and Redmond (collectively the "Parties") are authorized, pursuant to chapter 39.34 RCW, the
Interlocal Cooperation Act, to enter into an interlocal government cooperative agreement; and
WHEREAS, using such quantifiable metrics as new business formation, startup density
and venture capital investment, it has been shown the Parties consistently rank among the
highest in startup activity within their boundaries nationwide; and
WHEREAS, in recognition of that fact, the Parties created an informal program known as
Startup 425, whose operations and offerings are designed to support startups and early-stage
companies within the jurisdictions of the Parties; and
WHEREAS,the Parties have determined that formalizing their relationship by an interlocal
agreement will further the goals of Startup 425, benefit the general public served by the Parties,
and enable the Parties to provide financial support toward those ends;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO
RESOLVE AS FOLLOWS:
SECTION I. The Mayor and City Clerk are hereby authorized to enter into an interlocal
agreement with the Cities of Bellevue, Issaquah, Kirkland, and Redmond entitled Interlocal
Agreement Establishing a Cooperative Effort to Support Regional Economic Development
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RESOLUTION NO. 4367
(Startup 425), in a form that is the same or substantially similar to the version attached hereto as
Exhibit "A" and incorporated by this reference.
PASSED BY THE CITY COUNCIL this 28th day of January , 2019.
Jason . Seth, C. y Clerk
APPROVED BY THE MAYOR this 28th day of January , 2019.
Denis Law, Mayor
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RESOLUTION NO. 4367
EXHIBIT "A"
INTERLOCAL AGREEMENT ESTABLISHING A COOPERATIVE
EFFORT TO SUPPORT REGIONAL ECONOMIC DEVELOPMENT
(Startup 425)
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RESOLUTION NO. 4367
INTERLOCAL AGREEMENT ESTABLISHING A COOPERATIVE
EFFORT TO SUPPORT REGIONAL ECONOMIC DEVELOPMENT (Startup 425)
This agreement ("Agreement") is entered into by and between the cities of Bellevue,
Issaquah, Kirkland, Redmond and Renton, municipal corporations of the State of Washington,
for the purpose of promoting economic development in each of their jurisdictions.
WHEREAS, using such quantifiable metrics as new business formation, startup density
and venture capital investment, it has been shown the cities of Bellevue, Issaquah, Kirkland,
Redmond, and Renton ("Parties") consistently rank among the highest in startup activity within
their boundaries nationwide; and
WHEREAS, in recognition of that fact, the Parties created an informal program known as
Startup 425, whose operations and offerings are designed to support startups and early-stage
companies within the jurisdictions of the Parties; and
WHEREAS, the Parties have determined that formalizing their relationship by this
Agreement will further the goals of Startup 425, benefit the general public served by the Parties,
and enable the Parties to provide financial support toward those ends; and
WHEREAS, this joint undertaking is authorized pursuant to chapter 39.34 RCW, and has
been authorized by the legislative body of each Party.
NOW, THEREFORE, the Parties agree as follows:
1. INCORPORATION OF RECITALS. The Recitals set forth above are an important
and integral part of this Agreement and are hereby incorporated by reference.
2. PURPOSE. The purpose of this Agreement is to acknowledge the Parties' mutual
interest to jointly participate in the administration, operation, and strategy setting for
Startup 425.
3. ADMINISTRATION. No new or separate legal or administrative entity is created to
administer the provisions of this Agreement. Instead, the City of Kirkland will function
as the administrator of Startup 425 (the "Administrator"). If necessary to change the
Administrator the Parties may transfer this function to another Party by agreement of
the Parties.
4. POWERS. The Administrator shall have the power to: (1) develop and recommend a
budget; (2) adopt procedures to administer StartUp 425; (3) make recommendations
to the Parties concerning planning, policy, and funding for StartUp 425 projects; (4)
establish polices for the expenditure of budgeted items; and 5) enter into contracts,
provide accounting and legal services, and execute such other contracts, agreements
or other legal documents necessary for StartUp425 to carry out its purpose.
5. SCOPE. This Agreement allows the following activities:
A. Host, edit, and maintain the Startup 425 website.
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RESOLUTION NO. 4367
B. Coordinate provision of the Startup 425 free workshop series for early-stage
entrepreneurs in partnership with a variety of outside partners. Actively
participate in the Eastside startup and small business community to promote
a vibrant ecosystem of entrepreneurs and small business owners.
C. Engage in a long-range planning effort by the Parties in 2019 to chart a future
course for Startup 425 for growth and success, including convening a
business advisory committee to identify unmet needs, revenue generating
activities and a sustainable operations model, to be followed by the
implementation of strategies generated by the plan in 2020. The plan may
result in a recommended new organizational structure. Regardless, the
Parties will review management of Startup 425 at the end of 2020 and may
determine to change out or amend the current management at that time.
D. Quarterly updates for all Parties that cover customers served, services
provided, budget, and other items as requested by the Parties.
E. Other related programs as proposed by the Administrator or the other Parties.
6. TERM AND TERMINATION. This Agreement shall become effective ("Effective Date")
when signed by all Parties and shall remain in effect until December 31, 2020.
Thereafter, the Agreement shall renew automatically for one-year terms ending
December 31 unless any Party gives notice 30 days before the end of the then
existing term that it is withdrawing from the Startup 425 program. The Agreement
shall thereafter remain in effect as to the remaining Parties unless the Administrator at
its sole discretion determines the Startup 425 program is no longer viable without the
Party withdrawing in which event the Administrator will give notice of the date that it is
withdrawing from participation, and the Agreement will terminate on that date unless
the Parties select another Administrator before that date. No jointly-owned property
will be obtained under this Agreement, and any Party's real or personal property held
by the Startup 425 program will be returned to that Party upon the Party's withdrawal
or this Agreement's termination.
7. FINANCING. The cities of Bellevue, Issaquah, Redmond and Renton will each
provide $15,000 annually for 2019 and 2020 to fund Startup 425 management and
day-to-day operations. The first payment will be due 30 days after the Effective Date.
Subsequent payments will be due by January 31 of each successive term. A deferred
account will be established at the Administrator for funds received for Startup 425.
The Administrator will contribute up to $40,000, to manage the Startup 425 program
and its day-to-day operations, and provide accommodations including but not limited
to office space, meeting space, and necessary equipment for its operation.
8. CONTACT PERSONS.
For purposes of this Agreement, the following persons shall serve as contact persons
for their respective jurisdictions:
Bellevue:
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RESOLUTION NO. 4367
Issaquah:
Kirkland:
Redmond:
Renton:
9. GENERAL MATTERS AND RECORDING.
A. Entire Agreement. This Agreement is the complete expression of the terms hereof,
and any representations or understandings, whether written or oral, not
incorporated herein are excluded.
B. Modification. This Agreement may only be modified in writing and must be signed
by all Parties participating in Startup 425 at the time of the modification.
C. No Assignment. No Party shall have the right to transfer or assign its rights or
obligations under this Agreement without the prior written consent of all other
Parties.
D. Venue. Any action filed under or related to this Agreement must be brought in King
County Superior Court.
E. Recording. This Agreement shall be filed with King County Records by the City of
Kirkland or otherwise made public in accordance with the Interlocal Cooperation
Act.
F. Dispute Resolution. If any dispute arises among the Parties which is not resolved
by routine meetings or communications, the disputing parties agree to seek
resolution of such dispute in good faith by meeting, as soon as feasible. If the
disputing parties do not come to an agreement on the dispute, they may agree to
pursue mediation through a process to be mutually agreed upon, with the parties to
the dispute sharing equally the costs of mediation and assuming their own costs.
G. No Third Party Beneficiaries. This Agreement is for the benefit of the Parties only,
and no third party shall have any rights hereunder.
H. Retained Responsibility and Authority. Except as expressly provided for herein, the
Parties retain the responsibility and authority for managing and maintaining their
own respective systems and programs related to economic development activities.
I. Severability. The invalidity of any clause, sentence, paragraph, section, or portion
thereof shall not affect the validity of the remaining provisions of the Agreement In
the event the provision invalidated is necessary for any Party to continue to receive
the benefit it was receiving under the Agreement before the invalidation, the
Parties agree to amend the Agreement to provide a substitute provision that
enables it or them to continue to receive that benefit. If that cannot be done, the
Agreement will be deemed terminated as of any date required by the invalidation.
10. COUNTERPARTS. This Agreement may be signed in counterparts and, if so signed,
shall be deemed one integrated agreement.
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RESOLUTION NO. 4367
Approved and executed of the dates indicated below.
Jurisdiction: Bellevue
By:
Name:
Title:
Date Signed:
Attested to by:
City Clerk
Approved as to form:
City Attorney
Jurisdiction: Issaquah
By:
Name:
Title:
Date Signed:
Attested to by:
City Clerk
Approved as to form:
City Attorney
Jurisdiction: Kirkland
By:
Name:
Title:
Date Signed:
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RESOLUTION NO. 4367
Attested to by:
City Clerk
Approved as to form:
City Attorney
Jurisdiction: Redmond
By:
Name:
Title:
Date Signed:
Attested to by:
City Clerk
Approved as to form:
City Attorney
Jurisdiction: Renton
By:
Name:
Title:
Date Signed:
Attested to by:
City Clerk
Approved as to form:
City Attorney
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