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2013-17RESOLUTION NO. 2013 - 17 COUNCIL MEMBER KEPHART INTRODUCED THE FOLLOWING RESOLUTION: WHEREAS, the Mayor and City Council have been presented with an Interlocal Cooperation Act Agreement between the City of Blair, Nebraska and The Metro Area Planning Association for the purpose of MAPA to assume responsibility for implementing a Non - Profit Development Organization Revolving Loan Program for the City of Blair as a component of the MAPA Foundation's overall Revolving Loan Fund portfolio. WHEREAS, said Agreement is acceptable to the City of Blair. NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF BLAIR, NEBRASKA that the Agreement attached hereto, marked Exhibit "A' and by this reference made a part hereof as though fully set forth herein, is hereby approved by the City of Blair, Nebraska. BE IT FURTHER RESOLVED THAT THE MAYOR AND CITY CLERK OF THE CITY OF BLAIR, NEBRASKA, are hereby authorized to execute and deliver said Agreement on behalf of the City of Blair, Nebraska. COUNCIL MEMBER KEPHART MOVED THAT THE RESOLUTION BE ADOPTED AS READ, WHICH SAID MOTION WAS SECONDED BY COUNCIL MEMBER JENSEN. UPON ROLL CALL, COUNCIL MEMBERS KEPHART, RYAN, CHRISTIANSEN, JENSEN, HALL AND ANDERSEN VOTING "AYE" AND COUNCIL MEMBERS NONE VOTING "NAY ", THE MAYOR DECLARED THE FOREGOING RESOLUTION PASSED AND APPROVED THIS 28 DAY OF MAY, 2013. CITY OF BLAIR, NEBRASKA B �_. g J E E. REALPH, MAYOR —1— ATTEST: BRENDA R. WHEELER, CITY CLERK (SEAL) STATE OF NEBRASKA ) ) :ss: WASHINGTON COUNTY ) BRENDA R. WHEELER hereby certifies that she is the duly appointed, qualified and acting City Clerk of the City of Blair, Nebraska, and that the above and foregoing Resolution was passed and adopted at a regular meeting of the Mayor and City Council of said City, held on the 28th day of May, 2013. )c uxu - BRENDA R. WHEELER, CITY CLERK —2— OMAHA - COUNCIL BLUFFS METROPOLITAN AREA PLANNING AGENCY MAPA FOUNDATION AGREEMENT FOR NDO SERVICE This agreement is hereby made and entered into as of the 28 th day of May, 2013 by and between the MAPA Foundation, hereinafter referred to as "the Foundation ", and The City of Blair, Nebraska, 218 South 16 Street, Blair, Nebraska 68008, hereinafter referred to as "the City." WITNESSETH THAT: WHEREAS, The City of Blair, NE desires to engage the Foundation to render certain services, hereinafter described. NOW THEREFORE, the parties hereto do mutually agree as follows: Employment of MAPA The City hereby agrees to engage the Foundation to assume responsibility for implementing a Non - Profit Development Organization (NDO) Revolving Loan Program for the City of Blair as a component of the MAPA Foundation's overall Revolving Loan Fund portfolio. II. Scope of Services. MAPA shall do, perform and carry out in a satisfactory and proper manner the following service: The City will collect receivable CDBG program income from individuals or businesses which have agreed to repay such funding and will promptly forward all proceeds to the Foundation. The Foundation will establish, market, and administer a program that provides for the timely and legal obligation of those proceeds for community development activities within the City of Blair in accordance with the City's Local CDBG Reuse Plan (copy attached- Exhibit A). Presently, it is estimated that the amount of proceeds owed to the City for this purpose is $25, 000 per year for 10 years, beginning in 2013. As the Foundation implements projects and receives loan repayments from businesses and individuals for eligible activities, those repayments will be deposited into the Foundation's NDO Reuse Account for future use anywhere inside the program's service territory, including, but not limited to, the City of Blair. III. Time of Performance. The services of MAPA are to commence as soon as this Agreement is executed, and shall continue indefinitely. IV. Termination. Should either MAPA or the City wish to terminate this agreement, it may do so after providing 30 days notice to the other party. At the time of such termination, any City of Blair CDBG Reuse funds designated exclusively for use by the City shall be returned to the City. All funds revolved into the Foundation's NDO regional revolving loan fund shall remain in that fund and will remain accessible by businesses located in Blair or anywhere in the NDO fund's service territory. V. Compensation. The City shall not be directly responsible for compensation to the Foundation for management of these funds. The Foundation may utilize program income generated from projects to cover expenses associated with program management in accordance with the NDO Reuse Plan. IN WITNESS WHEREOF MAPA and The City of Blair, NE has executed this Service Agreement as of the date first above written. - -, '—' - a d—�p THE CITY OF BLAIR, NEBRASKA BY S �� v--- Al ed Official MAPA FOUNDATION ATTEST: BY eg Y , Executive Director