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HomeMy WebLinkAboutR04-RDA Item e e e o 0 AGENDA ITEM INFORMATION SUMMARY M"iIr...\(iJj "1ION: 8uIIJioL.f'J~ Q. >>"l".O~.a~~~u.~:O ('~"..I!T:~ (l.,,~....,.....~~ ~rC:::Q' CDrnm/ItM ..~ ..... DIIIa "( I 5" Mrll.'lIo... ~t~J FundlngR.q~~ I~O, O{)l) w{.:n lid. EIll 3~ "'''tIllIlDIIy, IIDA_~IIEYIEW: CLURANCI8: DrII - ~~q~ ~ 5ffMi t)? 0. ~ ;; JU.~L.b(::r~a-7~ ~ ~~ k~~-t) [J IXJ ca, AlA.t.M..... M. n~ Litre ..... u... 1 T. I 'n CITY DlPNlTlENTAL REVIEW: 0. DIpc. IIr RDA CommIttN ,.=lJIIJMftdMJon DIpc. ., INFOIIMA'I'IOHAL DATA FORWAftDID TO CITY DEPART1IENT&(:OUNCL 0FFlCES: Sent to By DtIl. ...... 0lIice CouncIl W8Id CouncIl W8Id CouncIl Wild CouncIl Wild DIpeIimIrt DepaItment ~. Include """"COIhIl/llWlIa _ oonc.mao......_..... _rtnotlll ........,. 1UCIa. _~...ITI , h..... ..................1Ild funding compllc.....IhdIcIIte... wIlIn ___be ADA .174 REV.I-2N8 e e e o 0 . ~OPIlleJl.~q.. Clt7or~ Ben1anIiao ~Nlda"D"""" ,....!oar. ...__ - . CIIIfanlIa 9241. ('71..)....1 PAX ('714) aa:Nl3 Pride ., .,. JUNE 18, 1990 NATIONAL DEVELOPMENT COUNCIL Synopsis of PrevIous Coanlssion/COUncl1/Coanit~ee Action: 05/07/84 CDC adopted Resolution No. 4~07 which authprlzed the execution of .anagr....nt with the National Development CouncIl for consultant services. - 09/09/86 CDC adOpted Resolution NQ. 4923 which authorIzed the executIon of an agreeMent with the National Development CouncIl for consultant services. 09/08/87 CDC adopted ResolutIon No. 5041 whIch authorIzed the executIon of an agreement with the National Development Council for. consultant servIces. 08/15/88 CDC adopted ResolutIon No. 5141 whIch authorIzed the executIon of an agreement wIth the NatIonal Development Council for consultant servIces. (contInued on page 2) Recommended MotIon: (COMMUNITY DEVELOPMENT COMMISSION) AuthorIze executIon of the attached contract for servIces with NatIonal Development CouncIl, Inc. Respectfully SubmItted, ~- k Robe t J.~:~ctlng Executive DIrector SupportIng data attached: YES FUNDING REQUIREMENTS: $150,000 Hard: All Project: ALL CommIssIon Notes: Agenda of: Item No. RJT:ND:kak:3040H e e e . o Staff Report continued... Synopsis of PrevIous Comlsslon/Councll/Commlttee Action: (continued frO$ page I) 08/07/89 CDC approval execution of an agreement with HOC for consultant services. RJT:ND:kak:3040H e e e o o S T A F F R E P 0 R T The NatIonal Development COuncIl has provIded economIc development assIstance to the Agency sInce 1984. TheIr contract, whIch has been renewed on a yearly basis, Is up for renewal on August I, 1990. The attached agreement reflects eKtendlng the contract to a three year term, allowIng for terminatIon on 30 days notice. BACKGROUND The NatIonal Development CouncIl ("NDC") Is a private, non-profIt organIzatIon whIch hu.been a leader In the fl.ldof economic development assIstance for elght..n years. Mhlle NOC's prlury objectIves are job creatIon and business c1fvelQplltnt, their prIncipal focus Is on assIstIng the public sector In obtaIning fInancIng which best ..ts the needs of the . partIcular project at hand. In May, 1984, CDC entered Into a one yearlgreelltnt which HOC for a fee of $50,000. This agree.nt has be.n ren.~d yearly and Is scheduled to uplre on August I, 1990. If renewed, HOC wIll provIde consultIng services In the followIng areas: · IndustrIal Development · COIBerclal RevItalization · co.munlty Development Float FInancIng · Small BusIness AdminIstratIon SectIon S<>4 FInancIng · HUD Urban Development Action Grants · Hotel FInancIng MechanIsms · Downtown RevItalIzatIon · TransIt/ParkIng Structure · CCS Study Area In the past year, NDC has focused Its efforts prImarIly on the Hestslde Shopping Center. In ()(tober, lts9, the AleKander Hllten Group withdrew as developer of the ShoppIng Center site. In danger of losIng UDAG funds, NDC was prlllllrlly responsIble fort:loslng out negotlattons wIth the Haagen Group, and IdentIfyIng and screenIng new developers for the project. As a result of their efforts, New Frontier CommercIal PropertIes., Inc., was selected, and the shoppIng center has propoects of now becomIng a realIty. In conjunctIon wIth the shopping center project, NOC prepares monthly reports to Hud's San FrancIsco regional office as well as the HUD UDAG WashIngton office; holds bl-weekly meetIngs wIth New Frontier and Interfaces wIth the Mayor and staff members at the Agency. In the comIng year, It Is antIcIpated that NDC wIll contInue to be heavily Involved with the ImplementatIon of the Hestslde ShoppIng Center Project. In addItIon to thIs project, they wIll also be offerIng tralnlng.programs In custom desIgned fInancIal packages whIch are taIlored to meet speCific organIzatIonal needs. NDC offers an Economic Development finance Professional CertifIcation Program which has set standards In the Industry. RJT:ND:~ak:3041H e e e o o RECOMMENDATION The attached agreement wIll be executed by NOC and has been approved as to form and legal content by Agency COUncIl. It Is, therefor., requested that the CommIssIon authorIze the executIon of the attached agree..nt for servIces wIth the NatIonal Development CouncIl, Inc. RJT:NO:kak:304IH o o e CONTRACT FOR SERVICES THIS CONTRACT, entered Into as to the day of 1990, by the between THE COMMUNITY REDEVELOPMENT COMMISSION (the "ConIIIlsslon") and THE NATIONAL DEVELOPMENT COUNCIL, INC., a not-for-proflt corporation, organized and existing under the laws of the . State of New York ("Contractor"). WITNESSETH WHEREAS, the ConIIIlsslon Is undertaking economic activities pursuant to the Housing and Development Act of 1974, Public law 93-383 and General EconOllllc Development Activities (the "Act"); and WHEREAS, pursuant to such Act, the ConIIIlsslon Is undertaking e certain activities necessary for the planning or execution of an EconOllllc Development Project (the "Project"); and WHEREAS, the Commission desires to engage Contractor to render certain technical advice and assistance In connection with certain undertakings. NOW, THEREFORE, the parties hereto do mutually agree as follows: 1. Scooe of Services: Contractor shall perform all of the necessary services under this Contract with and respecting the following: 1. Assist In City Industrial Development. 2. Assist In COlIImerclal Revitalization and Commercial Development. 3. Assist In ConIIIunlty Development float financing. 4. Assist In Small Business Administration Section S04.flnanclng. e 3042H:ND:kak e e e o o S. AssIst In other creatIve fInancIng, utIlIzIng federal agencIes and other non-profIt vehIcles. 6. AssIst In the negotIatIon and closIng of UDAG's wIth HUD. 2. TIme of Perfo~nce: The servIces of the Contractor are to commence on August I, 1990, contInuIng thereafter for three years and shall be undertaken and completed In such sequence as to assure theIr expedItIous completIon In lIght of the purposes of thIs Contract. 3 . ComDensatlon and M'ttlgd of Payment: The Commhs Ion will pay to Contractor the 'amount of fIfty Thousand Dollars ($50,000.00) per year, whIch sum shall constItute full and complete compensatIon for Contractor's servIces hereunder. Such sum wIll be paId In the followIng manner, In every case subject to receIpt of a requIsItIon for payment from Contractor: (a) four Thousand One Hundred SIxty-SIx Dollars and SIxty-Seven Cents ($4,166.67) a month payable at the begInnIng of each month. 4. Terms and CondItIons: ThIs Contract Is subject to and Incorporates the ProvIsIons attached hereto as Part II - Terms and COndItIons (form H-6218) and Contract for ProfessIonal ServIces, Community Development Program, Part II, Terms and COndItIons Form 6/77. 3042H:ND:kak . . . o o 5. TermInatIons: ThIs Contract may be termInated by eIther party upon thIrty (30) days wrItten notIce. In the event of termInatIon, the fee payable to Contractor will be prorated to the end of the tltlrty (30) day perIod; and the CommIssIon shall thereafter have no further payment obligatIon. IN WITNESS WHEREOF, the CommIssIon and Contractor have executed thIs Contract as of the date fIrst above wrItten. THE NATIONAL DEVELOPMENT COONCIl, INC. By: THE COMMUNITY REDEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO, CALIFORNIA By Robert J. Temple ActIng ExecutIve DIrector Approved as to Form and Legal Content: Agency Councel /~ 3042H:NO:kak