OKMS/CRA OKEECHOBEE MAIN STREET INC. /CITY OF
OKEECHOBEE/CRA AGREEMENT
THIS AGREEMENT is entered into between OKEECHOBEE MAIN STREET, INC.,
(hereinafter referred to as "OKMS the CITY OF OKEECHOBEE (hereinafter referred
to as the "CITY", and THE COMMUNITY REDEVELOPMENT AGENCY (hereinafter
referred to as the "CRA
WHEREAS, OKMS has demonstrated special expertise in promoting the economic,
physical and aesthetic redevelopment and maintenance of the downtown area, and
these activities are directly and indirectly related to implementing the Downtown
Redevelopment Plan; therefore, for mutual consideration, the parties hereby agree as
follows:
1. Term of Agreement. The term of this agreement shall be for the period of one
year, from October 1, 2009 through September 30, 2010. This Agreement may
be extended on an annual basis by mutual agreement including, but not limited
to, negotiation/agreement of compensation.
2. Scope of Services. OKMS and its Executive Director shall devote their best
professional efforts towards the following:
a. Provide assistance to the CITY, when solicited, for CRA
administration where OKMS resources allow and are applicable.
b. Maintain an inventory/data base of occupied and vacant properties in
the Local Program Area (LPA), to be updated quarterly. Information
relating to vacant properties will be reported by address.
c. Actively recruit new business development for the LPA and maintain
records of contacts and promotion.
d. Promote awareness of the downtown community through production
and management of promotions including but not limited to, the
Annual Lighting Ceremony and any other special events to be
planned in the future by the CITY.
3. Compensation. The CITY agrees to pay OKMS, from its General Fund, a fee of
$15,000.00 for contract year ending September 30, 2010. Any monies to be
appropriated by the CITY to OKMS after the contract year mentioned above are
subject to annual allocation during the budget process.
a. The CITY agrees to provide in -kind services for road closings for the
various events throughout each year of this contract.
b. The CITY agrees to provide postage up to $100 per month, not to be
carried over from month- to-month, for Main Street mailings handled
by the City staff.
4. Reporting. OKMS shall deliver a statement of activities to the City, through
monthly reports provided to the City Finance Department. These reports shall
include detailed information regarding projects undertaken and downtown vacant
property status.
5. Indemnification. OKMS shall indemnify and hold harmless the CITY from any
loss cost of claim of damages, if such loss, cost or claim of damages is caused
by the negligence of OKMS or its officers, agents or employees acting within the
scope of their employment. This Agreement may be terminated by the CITY if
OKMS fails to maintain general liability insurance in a minimum amount of
$1,000,000.00 per claimant and $200,000.00 per occurrence.
6. Termination. This agreement may be cancelled by either party upon thirty (30)
days written notice to the other. Any funds to be appropriated by the CITY to
OKMS are subject to annual allocation during the budget process. OKMS shall
hold the CITY harmless from enforcement of such funding, in the event the CITY,
in its sole discretion, should determine that future funding is not financially
feasible. In the event this agreement should be terminated during the Fiscal Year
of the CITY, OKMS shall not be liable to return or pro-rate any funding previously
approved and advanced to OKMS by the City Council.
SIGNED BY OKEECHOBEE MAIN STREET, INC., this 3rd day of l erber 2009.
By: A/. IIS
Maureen Burroughs
OKMS President
SIGNED BY CITY OF OKEECHOBEE this 3rd day of N ro rber 2009.
By:
es E. Kirk, Mayor
A 'T:
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Lane Gamiotea; ity Clerk
REVIEWED FOR LEGAL SUFFI IENCY:
John R. Cook, City Attorney Y