Loading...
HomeMy WebLinkAbout12 FUNDING AGREEMENT FOR COVID-19 ASSISTANCE WITH THE TUSTIN CHAMBERDocuSign Envelope ID: E73BD1 31 -133E7-41 C2-8131 0-02CC97182709 G1zY �� AGENDA REPORT MEETING DATE TO FROM MARCH 2, 2021 MATTHEW S. WEST, CITY MANAGER ECONOMIC DEVELOPMENT DEPARTMENT 12 Agenda Item Reviewed: am -- W City Manager Finance Director N/A SUBJECT: FUNDING AGREEMENT FOR COVID-19 ASSISTANCE AND BUSINESS PROMOTION SERVICES WITH THE TUSTIN CHAMBER OF COMMERCE SUMMARY: Request for authorization to execute a Funding Agreement for COVID-19 Assistance and Business Promotion Services with the Tustin Chamber of Commerce, including sponsorship of the 2021 Tustin Food & Wine Festival. RECOMMENDATION: Authorize the City Manager to execute a Funding Agreement for COVID-19 Assistance and Business Promotion Services with the Tustin Chamber of Commerce to: 1) Provide economic development funding to the Chamber in the amount of $44,500; 2) Waive the facility rental fees for the Chamber's use of the South Hangar for the 2021 Tustin Food & Wine Festival; and 3) Agree to a one-time waiver of the City's share of profits from the 2021 Tustin Food & Wine Festival, and authorize the City Attorney to make non -substantive changes to the agreement as deemed necessary. FISCAL IMPACT: The City will provide $44,500 in funds to the Chamber for COVID-19 assistance and economic development activities. In sponsoring the 2021 Tustin Food & Wine Festival, the City will incur an expense of approximately $10,000 in waiving facility rental fees, permit fees and City staff time. CORRELATION TO THE STRATEGIC PLAN: Goal A — Economic and Neighborhood Development BACKGROUND: On June 2, 2020, in response to the economic impact associated with the COVID-19 outbreak, the City Council authorized the $3,000,000 Tustin "COVID-19 Aid, Relief, and Economic Security" (CARES) Program to provide emergency aid to small businesses and DocuSign Envelope ID: E73BD1 31 -133E7-41 C2-8131 0-02CC97182709 Agenda Report March 2, 2021 Page 2 individuals/families in need of food and/or business/housing/rental assistance. In October 2020, the City launched a $250,000 Non-profit Emergency Grant Program, which provided funding to Non -profits needing financial assistance in overcoming the temporary loss of revenue due to COVID-19. The Tustin Chamber of Commerce (Chamber) has been impacted by the public health emergency but was ineligible under previous guidelines for assistance in either the Small Business Emergency Grant Program or the Non-profit Emergency Grant program. As a result, staff is recommending the City enter into a Funding Agreement with the Chamber to provide $15,000 to assist the Chamber in overcoming the impacts incurred as a result of COVID-19 and $29,500 to fund the following economic development efforts that will assist the City in addressing the COVID-19 impacts to local small businesses: 1) Launch a "Shop Tustin" program; 2) Once public gathering is allowed, initiate a "Reopen Tustin" campaign at various locations throughout Tustin; and 3) Once public gathering is allowed, hold the 2021 Tustin Food and Wine Festival The Tustin Food and Wine Festival (previously "Totally Tustin") was established in 2015 by the Chamber to promote local restaurants while raising funds for community projects. In 2018, the event moved to the South Hangar at Tustin Legacy and grew, with attendance reaching approximately 1,000 people. The City has been one of the title sponsors or a co-sponsor of the event. Profits from previous events have been split between the Chamber and City and have gone to projects such as Old Town Tustin lights, the bust of Columbus Tustin located at the corner of Main and EI Camino, and two City -sponsored Marine squadrons at Camp Pendleton. The profit sharing between the City and Chamber has been a unique situation that is not typical to other events or uses in the South Hangar. Staff has not recommended waiving fees and staff time for other events in the South Hangar since the City has not participated in profit sharing. In consideration of COVID-19's ongoing economic impact to the Chamber and local restaurants, staff is recommending the City co-sponsor the 2021 Tustin Food & Wine Festival, waive the standard fees and staff time, and, for one year only, allow the Chamber to retain the funds raised from the event to further 2021 economic development efforts on behalf of Tustin small businesses. If State and County Public Health Orders prevent the event from being held in 2021, the City's agreement to sponsor the 2021 event will not carryover to 2022. Sponsorship of the 2022 Food & Wine Festival, including any fee and profit-sharing considerations, will require a new agreement and City Council authorization. FDocuSigned by: sf apLur 6sfv ES'dXC1'36BTk4"h4... Christopher Koster Director of Economic Development Docu Signed by: Jerry Craig Deputy Director of Economic Development Attachment: Funding Agreement between the City of Tustin and the Tustin Chamber of Commerce for COVID-19 Assistance and Business Promotion Services DocuSign Envelope ID: E73BD1 31 -133E7-41 C2-8131 0-02CC97182709 FUNDING AGREEMENT FOR COVID-19 ASSISTANCE AND BUSINESS PROMOTION SERVICES This Funding Agreement for COVID-19 Assistance and Business Promotion Services (herein "Agreement"), is made and entered into as of February , 2021 ("Effective Date"), by and between the CITY OF TUSTIN, a municipal corporation ("City"), and the TUSTIN CHAMBER OF COMMERCE, a non-profit corporation ("Chamber") (collectively, the "Parties"). WHEREAS, the Chamber has served the Tustin business community for sixty years; and WHEREAS, the Chamber is in need of assistance as a result of financial hardship due to cancelled fundraising events caused by COVID-19; and WHEREAS, the Chamber desires to perform certain economic development activities that contribute to the economic vitality of the City and assist businesses impacted by the public health emergency; and WHEREAS, the City and the Chamber have a mutual interest in cultivating community involvement, encouraging business alliances, nurturing the growth and development of new and existing businesses, and promoting Tustin as a tourism destination; and WHEREAS, the City desires to strengthen the Chamber's efforts by sponsoring the 2021 Tustin Food & Wine Festival and by funding business promotion services. NOW, THEREFORE, in consideration of the promises stated herein, the Parties agree as follows: 1. Grant of Funds and Deliverables. The City agrees to pay the Chamber forty- four thousand five hundred dollars ($44,500). The purpose of this grant is to assist the Chamber overcome the financial impacts caused by COVID-19 and to fund the following business promotion services: a. Launch a "Shop Tustin" program; b. Once public gathering is allowed, initiate a "Reopen Tustin" campaign at various locations throughout Tustin; and c. Once public gathering is allowed, hold the 2021 Tustin Food & Wine Festival in Tustin. In addition to providing the funds specified above, the City agrees to waive the facility rental fees for the Chamber's use of the South Hangar for the 2021 Tustin Food & Wine Festival, and agrees to waive the City's share of profits from the 2021 Tustin Food & Wine 1261796.2 DocuSign Envelope ID: E73BD1 31 -B3E7-41 C2-8131 0-02CC97182709 Festival (this year only). 2. Method of Payment. The Chamber may submit to the City an invoice for payment at any time subsequent to the Effective Date. 3. Schedule of Performance. Completion of the 2021 Project Deliverables identified in Exhibit "A" shall be performed to the reasonable satisfaction of the City by December 31, 2021, unless extended in the City's sole discretion. 4. Representative of Chamber. The Chairman of the Chamber is hereby designated as being the principal and representative of the Chamber authorized to act in its behalf with respect to the obligations specified herein and make all decisions in connection therewith. 5. Contract Officer. The Contract Officer shall be Jerry Craig, Deputy Director of Economic Development, unless otherwise designated in writing by the City Manager. It shall be the Chamber's responsibility to keep the Contract Officer fully informed of the progress of the performance of the Project Deliverables and the Chamber shall refer any decisions which must be made by City to the Contract Officer. Unless otherwise specified herein, any approval of City required hereunder shall mean the approval of the Contract Officer. 6. Reports. The Chamber shall periodically prepare and submit to the Contract Officer such reports concerning the performance of the Project Deliverables required by this Agreement as the Contract Officer shall require. 7. Records/Return of Funds. The Chamber shall keep such books and records as shall be necessary to properly document the Chamber has completed the Project Deliverables required by this Agreement by December 31, 2021, and enable the Contract Officer to evaluate the performance of such deliverables. The Contract Officer shall have full and free access to such books and records at all reasonable times, including the right to inspect, copy, audit and make records and transcripts from such records. All funds shall be expended by December 31, 2021, and any unspent funds for the purposes as defined in this Agreement shall be returned to the City by January 15, 2022, unless extended in the City's sole discretion. 8. California Law. This Agreement shall be construed and interpreted both as to validity and to performance of the Parties in accordance with the laws of the State of California. Legal actions concerning any dispute, claim or matter arising out of or in relation to this Agreement shall be instituted in the Superior Court of the County of Orange, State of California, or any other appropriate court in such county, and Chamber covenants and agrees to submit to the personal jurisdiction of such court in the event of such action. 9. Integrated Agreement. This Agreement contains all of the agreements of the Parties and cannot be amended or modified except by written agreement. 10. Amendment/Termination. This Agreement may be amended at any time by the mutual consent of the Parties by an instrument in writing. This Agreement may be 2 1261796.2 DocuSign Envelope ID: E73BD1 31 -133E7-41 C2-8131 0-02CC97182709 terminated at the sole discretion of the City at any time upon ten (10) days written notice. 11. Corporate Authority. The persons executing this Agreement on behalf of the Parties warrant that they are duly authorized to execute this Agreement on behalf of said Parties and that by so executing this Agreement the Parties are formally bound to the provisions of this Agreement. IN WITNESS WHEREOF, the Parties have executed this Agreement to be effective as of the date first stated above. Dated: APPROVED AS TO FORM: David E. Kendig, City Attorney "City" CITY OF TUSTIN, a municipal corporation Matthew S. West City Manager "Chamber" TUSTIN CHAMBER OF COMMERCE Lindburgh McPherson Chairman 3 1261796.2 DocuSign Envelope ID: E73BD1 31 -133E7-41 C2-8131 0-02CC97182709 EXHIBIT "A" Tustin Chamber 2021 Deliverables 1. Launch a "Shop Tustin" program; 2. Once public gathering is allowed, initiate a "Reopen Tustin" campaign at various locations throughout Tustin; and 3. Once public gathering is allowed, hold the 2021 Tustin Food & Wine Festival. (The City shall be identified as a sponsor of the event.) 4 1261796.2