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Home My WebLink About5327 RESOLUTION IVO 5 3 2 7. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, AUTHORIZING AND DIRECTING � THE MAYOR TO NEGOTIATE AND EXECUTE AN AGREEMENT FOR THE 2017 ECONOMIC DEVELOPMENT PARTNERSHIP PROGRAM GRANT , WHEREAS; the Port of Seattle has authorized an Economic Development Partnership Program to support local economic development activities; and WHEREAS, more than $962,000.00 in matching funds is available to King County cities; and WHEREAS, the City of Auburn has applied for a grant through this program from which it would receive, if approved, $65,000.00, for the following eligible ac#ivities: business recruitment initiatives designed to attract new companies to a region or city; small business development (including incubator/accelerator projects); industry retention and expansion assistance (ex. Maritime, Aerospace, etc.); tourism development; downtown revitalization; commercial or industrial property development; and other community or economic development projects that support new investment and job creation; and cities may collaborate or aggregate regionally to enhance impact; and WHEREAS, the City of Auburn received word that it's grant application was approved, it and it is, now, incumbent upon the City to negotiate a contract for such grant. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON HEREBY RESOLVES AS FOLLOWS: Section 1. The Mayor is hereby authorized and directed to negotiate and execute an agreement with the Port of Seattle, in conformity with the scope of work and parameters of its application to the Port of Seattle for a grant through the 2017 Econo 53 Resolution No 5327. November 15, 2017 Page 1 of mic Development Partnership Program, a copy of which application is attached hereto, marked as Exhibit ``A" and Incorporated herein by this reference. Section 2. Implementation. The Mayor is further authorized to take such other steps and implement such administrative procedures as may be necessary to carry out the directives of this resolution. Section 3. Effective Date. This Resolution shall take effect and be in full force upon passage and signatures hereon. r Dated and Signed this � day of o w�� , 2017. CITY OF AUBURN ANCY B S, MAYOR ATTEST: �� Danielle E. Daskam, City Clerk AP ROVED O FORM: Daniel B. Heid, City Attorney Resolution No 5327. November 15, 2017 Page 2 of si POt�C � of Seattle� Port of Seattle Century Agenda 2017 Economic Development Partnership Program City Application City: Auburn, WA Federal Tax Number: 91-6001228 Contact: Douglas Lein Telephone: 253-804-3101 Fax: 253-288-3132 Email: dlein@auburnwa.gov Address: 25 West Main Street City, State, Zip: Auburn, WA 98001-4998 Website: www.auburnwa.gov&www.IPZauburn.com Declaration: I HEREBY CERTIFY THAT THE INFORMATI�N GlVEN IN THIS APPLlCATION TO THE PORT OF SEATTLE lS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE. Signature of Responsible Official: P�int or Type Name and Title: Douglas Lein, Economic Development Manager Date: 9/14/2017 Submit application via email to: ashcraft.tCa)_portseattle.orq Page 1 of 4 2017 Application for Funding•Port of Seatfle ED Partnership Program Port of Seattle Economic Development Partnership Program 2017 Funding Application The Port of Seattle (POS) is implementing a cooperative economic development program to help fund local economic development initiatives across King County. The program is designed to support City specific economic development projects that create jobs, foster business g�owth, and support the Port's business interests*. Project Description and Budget 1. Summarize the project(s)or initiative(s) you plan to support through the economic development partnership program. Please attach resolutian of support from local jurisdiction. The City of Auburn plans to build upon initiatives launched as a result of last year's partnership agreement. These initiatives include program support for Auburn's business incubator, as well as further development and marketing of the searchable buy-local- database and www.ipzAuburn.com website. 2. Outline project goals, related sfrategies, desired outcomes and timelines using the table below (attach additional information if necessary}: .. - o • o PROFESSIONAL Further improve Ensure the City of 3/15/2018 SERVICES: Auburn's business Auburn's licensing Cultivate business-to- licensing process. system is in sync with business actives in Round 1 of the Port the newly created Auburn by showcasing Partnership grant searchable database, available resources, allowed for the and populates as products, and services development of a buy- business owners renew within city limits. Foster local database. their licenses for 2018. buy-local synergy Round 2 of the Port among business Partnership grant will owners, and citizens, to allow for the buy-local foster activity and database to be increase local tax populated. [License revenues and jobs. renewals take place annually between November and January each year.] Once the buy-local Push out an on-line 4/30/2018 database is populated; marketing campaign via market the database www.IPZauburn.com, functions to local www.ExploreAuburn.co businesses and the m, Chamber of community. Establish Commerce, and means and benchmarks 3NoNetworking events, for promoting and to promote awareness of tracking activities to local products, services ensure efforts have and tourism retail. tangible metrics. Page 2 of 4 2017 Application for Funding•Port of Seatfle ED Partnership Program Port of Seattle Economic Development Partnership Program 2017 Funding Application Support Auburn's Offer business Partner with like-minded 5/31118 business incubator to assistance workshops organizations to create advance the Port of and resources to and deliver Seattle's Century incubator members, programming events Agenda, and the City's start-ups, local and resources. goal, of increasing businesses and Develop an informal middle-wage jobs interested community entrepreneur resource through economic members. network (i.e. mentors, growth by helping attorneys, venture companies get capitalisCs, angel established and become investors, bankers, contributors to the public sector resources). overall vitality, diversity, and growth of the loeal economy. Ensure incubator is Activities per the 5/31/18 properly staffed and established incubator performance is tracked. business plan include: Maintaining an active Advisory Board, documenting job creation, capital invested, salaries paid and revenues earned. BUSINESS Ensure operations, rent Manage membership 5/31/18 INCUBATOR collections and agreements, facility OPERATIONS expenses are kept expenses, tenant current. access, and amenity functions/operations. 3. Explain how your project benefits the Port and ties to POS business interests? The establishment and stregthening of a Small Business Incubator will help new Start-up Page 3 of 4 2017 Application for Funding•Port of Seatt/e ED Partnership Program Port of Seattle Economic Development Partnership Program 2017 Funding Application business establish themselves during there most fragile time, eventually becoming contributors to the overall vitality of the local economy through the creation of new jobs which is in direct alignment of the Port's Century Agenda of creating 100,000 new jobs over the next 25 years. Completing and marketing of the buy-local database will cultivate busines-to-business activities which will increase the local tax revenues as well as create new jobs, again aligning with the Port's Century Agenda 'Port business interests tie closely to the health of aviation, ma.ritimeAogistics, manufacturing and construction/trades clusters. Tourism is another important industry to the Port. 4. Identify project budget and match funds using the table below: - . . • . . . . o • s Example: Staffing 18,000.00 18,000.00 CITY OF AUBURN, ECONOMIC DEVELOPMENT STAFF, PROGRAM MANAGEMENT Example: Consulfants 30,000.00 15,000.00 45,000.00 BUY LOCAL PROGRAM/MARKETING Example: Goods and Services 35,000.00 17,500.00 52,500.00 BUSINESS /NCUBATOR OPERATIONS � Example: Marketing 5. If you plan to use consultants or contractors to complete all or part of the project, please identify the firm or type of firm you plan to hire for this project. The tollowing types of firms have been identified as potential consultants/contractors, possibly needed to complete parts of the City of Auburn's ED ParCnership Program: Technical we6 support/development, social media marketing, local Chamber of Commerce, Green River SBDC. Page 4 of 4 2017 Application for Funding•Port of Seatt/e ED Partnership Program