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HomeMy WebLinkAboutContract CAG-19-214 omv Imo Port of Seattle ECONOMIC DEVELOPMENT PARTNERSHIP AGREEMENT BETWEEN THE PORT OF SEATTLE AND CITY OF RENTON S-00319819 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 Agreement S-00319819 Page 1 of 12 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. 2. Responsibilities sg Ingt ad. The Port shall contribute Sixty-five Thousand and 00/100 Dollars ($65,000.00) (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 detailing those Project deliverables completed in accordance with Exhibit A. Subject to the requirements of this Section and of Section 18 (where applicable), the Port shall make the final payment of the Grant Funds to the Agency no later than November 1, 2019, or receipt of the final report,whichever occurs later. 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 by November 1, 2019. 4. Term. This Agreement shall be become effective as of the date the Port executes this Agreement and shall terminate on November 1, 2019, unless earlier terminated under another provision of this Agreement. 5. Termination fgj Convenience,The Port may terminate this Agreement at any time for any reason, by giving the Agency thirty (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 Agreement S-00319819 Page 2 of 12 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 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 S-00319819 Page 3 of 12 Agreement. 11. jntearatiorl. 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. Govemina 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 Relationshio 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 the following address: Port of Seattle Economic Development Division P. O. Box 1209 Seattle,WA 98111 Notices to the Agency shall be sent to the following address: City of Renton Cliff Long, Economic Development Manager 1055 S Grady Wy Renton,WA 98057 Agreement S-00319819 Page 4 of 12 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 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 OFSEATTLE CITY OF RENTON By: Paul Reed By: Cliff Long Sr.Manager, Purchasing Economic Development Manager Signature Signature /1� J slip l � ipcc. itt Dated Dated Agreement S-00319819 Page 5 of 12 Amor Port .w of Seattle. EXHIBIT A-PROJECT Project Description: The City of Renton Economic Development Division is committed to promoting economic vitality and strategically positioning Renton for the future.The four core components of the 2019 economic development strategy, and the impetus for the selection of projects below, align with the goals of the City's business plan and include: • Recruiting and retaining businesses to ensure a dynamic, diversified employment base; • Nurturing entrepreneurship and fostering successful partnerships with businesses and community leaders; • Leveraging public and private resources to focus development on economic centers; and • Promoting Renton as the progressive,opportunity rich city in the Puget Sound region. Sco. - of Work Descri. Ion: Project or Project goal(s): Outcome(s)and final Estimated Metrics or measures component: deliverable(s): completion: of success: 1.Business • The City will • Demographic& Recruitment will • Report with market Recruitment: continue working psychographic continue analysis of business retail training with retail update(Retail Trade through Oct climate. and promotion consultants,The Areas&Community) 2019; • Developer&Broker Retail Coach,to • Retail Gap(Leakage) measurement Opportunity build on the success data available of the previous year Analysis Nov 2019. Packages and resume • Cell Phone Analysis • Recruitment Update conversations with • Updated Site Profiles Summary including targeted retailers for 3 key retail areas the number of and developers in Renton. businesses contacted identified for for recruitment recruitment. • Updated target lists discussions. of retailers,real • Number of new • A fresh analysis of estate developers& the market will retail brokers businesses locating develop a realistic in the City. Retailer Specific • vision of how to generate new Feasibility Studies investment within • Identification&active the downtown based recruitment of on demographics, retailers& psychographics and developers that are existing retail gaps. well suited to Renton • New marketing and and that are in line branding materials with the City's will be created for economic use at future development goals. Agreement S-00319819 Page 6 of 12 conferences and to !• Proactive I send to targeted Recruitment of retailers,developers I Retailers& t and brokers Developers, including 6 interested in Renton. ? phone calls,emails, and site visits • Representation for the City of Renton at National Retail Conferences 2 Downtown }• Focus on growing a Creation of a clear • Marketing tools • Increased attendance { Revitalization: ; the downtown well-marked map,to (map and 9 at public events will downtown economy using define commercial mobile tour indicate how branding and i place making and recreational application successful the City's promotion strategies to make ! areas in(and around) completed by i marketing efforts are downtown more the downtown; May); at attracting locals . inviting;capitalizing highlighting available measurement and visitors on the downtown's facilities and things to data available downtown. civic,cultural, & see and do in the November • Higher hotel entertainment assets downtown;providing 2019. occupancy rates to further support the orientation to out of vibrant environment town guests and (connected with needed for a thriving encouraging visitors selected events)to city center. demonstrate the • Widespread City's success at • Creation of a mobile distribution of becoming an application/tool to ? Downtown map 3 attractive tourist allow visitors to take (along with event destination. virtual and walking calendars and fliers • Increase in tours to points of promoting downtown 's ! 1 attendance rates interest in the events)to area i Downtown. hotels,visitors over previous numbers. • Showcase existing centers, downtown neighborhoods,and • Reports revealing merchants and surrounding ? increased traffic to restaurants through communities to 3 and engagement with the creation of a expose new the Renton Downtown map to audiences to events downtown webpage distribute to area in Renton's and through the hotels and visitor Downtown. I mobile tour app. centers '• Increased social Provide financial, media promotion and organizational and co branding with marketing support event organizers for annual events (including the Renton Wine Walks Food truck Rodeos, Summer Concert Series,celebration of public art installations,etc_) that hi<hliht the _._... i . .. .,._.. ...» Agreement S-00319819 Page 7 of 12 community's unique assets,attracting out-of-town visitors. 3.Downtown • The City of Renton • Provide additional • Selected • The design, Revitalization: will once again offer incentives for retail businesses and purchase,and downtown a small fa9ade businesses to invest projects installation of new branding and improvement in business signs and defined by signage;or other promotion program to store window lighting June 2019; exterior encourage property to improve overall project improvements at owners and commercial facade completion and Downtown businesses to appearance and final reports businesses. improve the exterior refresh the available Reduction of appearance of their appearance of the October 2019. unsightly and buildings and retail district. • inappropriate signage storefronts. • • and awnings. • The focus will be on • • art-based business signage and exterior improvements to encourage the perception of downtown as an arts center and retail and tourist destination. 4 • Continue to support • • Entrepreneurial the growth of the Support: regional efforts of Training and the Startup 425 assistance to program(now encourage and supported by the attract new adoption of an inter- businesses local agreement between the Cities of Renton, Redmond,Kirkland, Issaquah and Bellevue);offering business support and training to entrepreneurs as a means to advance job creation and create new opportunities for residents. • Support the development of Agreement S-00319819 Page 8 of 12 additional I programming,doing more in-depth 3 community engagement,and ' long-term strategic I plan for the program. i• Support marketing efforts to promote E the program through r social media,web i and print advertising t { b• ;• The City has irhe result of a 12 week !The results of the • A completed Entrepreneurial received feedback Leminar conducted by students work(and business plan. Support: I indicating a need for the UW Bothell School of t.he completion of working model and encourage, commercial kitchen Business will result in: khe business plan) implementation guide influence,and 'facilities to support . ill be completed a functioning P ( to support the guide the the start-up and ' business plan,a by June 2019. ( creation of a creation of a ! expansion of value-P complete , commercial kitchen food business I added businesses. ; assessment of The outcome of the I business incubator in incubator Currently,the equipment anddowntown Renton. process and the program in closest community building improvement reports from the I. Commitments from downtown commercial kitchen [ needs. initial phases of identified Renton : operation is located h °implementation will stakeholders who will in Seattle(and there Identification of key `be available in provide future are limited resources i stakeholders including November 2019. support services in south of the City). 1 Renton is partnering representation from the incubator space with the Universityof the business and WA and the agricultural Entrepreneurship communities, local Seminar to support nonprofit the creation of a organizations,and commercial kitchen 1 higher education who business accelerator ( will provide sustaining support in downtown and services for the Renton ( incubator space. . • Identification of and initial conversations with investors and interested support partners. • Identification of emerging,start-up I and existing value- added oriented businesses who will utilize the space. • Identification of I I desirable/feasible features and services ' e of a commercial _W, kitchen desioned r k Agreement S-00319819 Page 9 of 12 specifically for Downtown Renton 6.Small In an effort to support The City will offer a A series of Stronger connections Business existing businesses in series of workshops workshops will b developed within the Development: Renton and to throughout the City(in held between Small Business Business encourage the growth Downtown and in the March and Community in Renton development of these businesses Sunset area)in both October 2019. measured by workshop and boost job creation, English and spanish in an Attendance increased series the City will offer a effort to reach a more reports and participation in series of workshops to broad audience of audience surveys workshop offerings connect mentors from business owners will be available and follow up with the local business reflective of the diversity in November small businesses community with existing of the City. Topics will 2019. reporting small businesses and include: implementation of expanding companies • Best practices for skills learned(or to conduct a variety of connections made) networking free,educational digitalthrough the • Utilizing workshops that provide workshops. valuable information media tools and necessary for growing cultivating a brand and managing a online successful business in • How to craft an the current economy. elevator pitch that sells • Creating effective storefront and window displays • Merchandising • And additional topics geared toward skill building for small business owners in Renton Connection to Port of Seattle interests: The projects outlined above were designed with the intent to further enrich the current relationship with the Port of Seattle and to continue to build on the shared goals of the Port and the City of Renton.The City of Renton is committed to driving economic growth on a local and regional scale and fully supports the Port's efforts to raise the regional image as a business location and tourism destination. The City's investments in local businesses at all stages of development,from incubator to international expansion,help identify and foster new and existing businesses that add value to the region and can serve as future partners in sustained growth and vitality.The City is proud of the achievements that have been made in collaboration with surrounding municipalities and economic development organizations as a result of the continued support from the Port.The City has witnessed exponential growth in the expansion of entrepreneurship opportunities Agreement S-00319819 Page 10 of 12 across the region since the Port's Economic Development Program first launched the partnership program.Workshop opportunities and development service offerings have created countless touchpoints and avenues for new businesses to be connected with the City's economic development team.With the growth of the program in 2019,the City anticipates contact with even more startups and small businesses who will eventually locate in the region as a result of the projects outlined above. The City of Renton Economic Development team is committed to promoting economic vitality and strategically positioning Renton for the future.Tourism promotion and generating targeted campaigns to draw visitors to the City, and the region as a whole, remains a priority. Port business interests tie closely to the health of aviation, maritime/logistics, manufacturing, and construction/trades clusters.Tourism is another important industry to the Port. Pro ect Bu. et Category: Port of " City Monetary City In-kind Total Seattle Matching Matching Funds Funds` Funds: Funds: (Including In- Kind): (+Business Recruitment $20,000 $10,000 $30,000 Entrepreneurial Support $30,000 $15,000 $45,000 Small Business Development $4,000 $2,000 $6,000 Downtown Revitalization $11,000 $5,500 $16,500 Total Funds; $65,000 $32,600 $97,500 percentaa a contribution j0 100% 50% port FundsA AN 'City monetary and in-kind matching funds must add up to at least 50%of the Port of Seattle's total contribution. Collaboration with Partners: The City of Renton will partner with a number of community organizations in order to complete a number of the projects listed above. • Startup 425-as a partner City in the Startup 425 program, Renton will continue to collaborate with the other four eastside cities(Redmond, Kirkland, Issaquah and Bellevue) to offer resources and workshops designed to support and foster the entrepreneur environment on the Eastside of the region. • King County Library Systems-the library continues to serves as a partner in efforts to support the small business community and the efforts of the Startup 425 program through their sponsorship and use of their beautiful facilities and marketing resources. • Renton Downtown Partnership-Renton's Main Street partners continue to partner with the City in a shared mission to cultivate a vibrant social, cultural and economic center in Downtown Renton by bringing together the community, non-profits and city center stakeholders while celebrating the unique historic character of Renton's Downtown. Agreement S-00319819 Page 11 of 12 • Renton Municipal Arts Commission-The Arts Commission partners with the City in the promotion of Renton as an arts and culture destination.Several of our programs involve partnerships with other communities or organizations. Use of consultants or contractors: The City of Renton Economic Development Division will continue to contract with national retail consulting,market research and development firm,The Retail Coach,to build on the initial research and recruitment efforts established in 2018. Agreement S-00319819 Page 12 of 12