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HomeMy WebLinkAbout3698 RESOLUTION NO. 3 6 9 8 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, AUTHORIZING THE MAYOR TO EXECUTE THE FINANCIAL ASSISTANCE AWARD BETWEEN THE CITY OF AUBURN (THE CITY) AND THE U.S. DEPARTMENT OF COMMERCE, ECONOMIC DEVELOPMENT ADMINISTRATION (THE EDA) APPROVING EDA FUNDS FOR THE DESIGN AND CONSTRUCTION OF IMPROVEMENTS TO 'C' STREET SW WHEREAS, the City is actively encouraging the redevelopment of commercial and industrial areas adjacent to 'C' Street SW; and WHEREAS, current redevelopment of adjacent commercial and industrial property in the vicinity requires improvements to 'C' Street SW between Ellingson Road and 15th Street SW ("the Project"); and WHEREAS, the EDA desires to contribute to the design and construction of the Project, relative to the economic benefits that will be realized by redevelopment of adjacent commercial and industrial properties; and WHEREAS, the EDA has agreed to provide a $2,000,000 grant in support of the Project ("EDA Grant"); and WHEREAS, the EDA Grant requires a 50% match ratio of local funds; and WHEREAS, the City is developing agreements with Safeway, Inc., U.S. General Services Administration, and King County to secure portions of the City local match required; and Resolution No. 3698 February 24, 2004 Page 1 WHEREAS, it is in the best interest of the City to complete the Project to promote redevelopment of the adjacent commercial and industrial properties. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, HEREBY RESOLVES as follows: Section '1. The City Council hereby approves the appropriation and expenditure of federal EDA funds in the amount of $2,000,000 for the 'C' Street SW Road Improvement Project, with local matching funds of $2,000,000 from a combination of private developer, property donations, King County, and City of Auburn 102 Unrestricted Streets Fund. The Mayor is hereby authorized to execute the Financial Assistance Award with the EDA to obligate the amount of $2,000,000 for the project, in substantial conformity with the Financial Assistance Award attached hereto, marked as Exhibit "A" and incorporated herein by this reference. The Mayor is also authorized to approve and execute any future supplemental agreements thereto required for completion of the project including, but not limited to, design, construction, and right-of-way acquisition. Section 2. That the Mayor is authorized to implement such other administrative procedures as may be necessary to carry out the directives of this legislation. Resolution No. 3698 February 24, 2004 Page 2 Section 3. That this Resolution shall take effect and be in full force upon passage and signatures hereon. Dated and Signed this / ~ day o~f~--~, 2004. CITY OF AUB~ PET~ MAYOR ATTEST: Da'nielle E Daskam, City Clerk Resolution No. 3698 February 24, 2004 Page 3 FORM CD-460 U.S. DEPARTMENT OF COMMERCE (REV. 04-01) [] GRANT [] COOPERATIVE AGREEMENT DAO 203-26 (CD450-PW) FINANCIAL ASSISTANCE AWARD ACCOUNTING CODE RECIPIENT NAME City of Auburn AWARD NUMBER 07-01-05465 STREET ADDRESSES 25 West Main Street FEDERAL SHARE OF COST $ 2,000,000 CITY, STATE, ZIP CODE Auburn, Washington 98001 RECIPIENT SHARE OF COST $ 2,000,000 AWARD PERIOD From date of approval shown below through 60 months. TOTAL ESTIMATED COST $ 4,000,000 DEPARTMENT OF COMMERCE OPERATING UNIT Economic Development Administration AUTHORITY 42 U.S.C. Section 3141, et seq. Public Works and Economic Development Act, as amended. CFDA NO. 11.300 PROJECT TITLE Construction Improvements to "C" Street. This Award approved by the Grants Officer is issued in triplicate and constitutes an obligation of federal funding. By signing the three documents, the Recipient agrees to comply with the Award provisions checked below and attached. Upon acceptance by the Recipient, two signed Award documents shall be returned to the Grants Officer and the third document shall be retained by the Recipient. If not signed and returned without modification by the Recipient within 30 days of receipt, the Grants Officer may unilaterally terminate this Award. [] EDA Standard Terms and Conditions Public Works and Implementation Construction Components, dated 3/99 [] Special Award Conditions and Attachments [] Line Item Budget [] 15 CFR Part 24, Uniform Admin Requirements for Grants/Cooperative Agreements to State & Local Governments [] OMB Circular A-87, Cost Principles for State and Local Governments and Indian Tribal Governments [] OMB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations [] 15 CFR, Part 14, Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, Other Nonprofit, and Commercial Organizations [] OMB Circular A-122, Cost Principles for Nonprofit Organizations [] OMB Circular A-21, Cost Principles for Educational Institutions [] EDA Standard Terms and Conditions Capacity Building Programs SIGNATURE OF DEPARTMENT OF COMMERCE GRANZT-$~' TITLE DATE OFFICE~/~ ~ ~'~~ ~'~/ n. Leonard Smith [ /f. /~j~,~/~.~~/////~ Regional Director 12/31/03 TypE D~N~AN'~~F~ZE/'I~E C I P IENT TITLE DA7 / OFFICIA~/ ~~ ~j,~~_ ~l~. (.~_~