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HomeMy WebLinkAboutRA 009-2009 Main Street Amended Revitalization AgmtAMENDED AGREEMENT FOR DOWNTOWN REVITALIZATION SERVICES FOR FISCAL YEARS 2009-10 AND 2010-11 THIS AGREEMENT is made and entered into by and between the COMMUNITY REDEVELOPMENT AGENCY of ATASCADERO, a public body, corporate and politic, hereinafter called the "Agency", and ATASCADERO MAIN STREET, INC, a non-profit mutual benefit corporation, hereinafter called "Main Street." WHEREAS, The Agency desires to continue to revitalize the downtown area utilizing the approach developed by the National Main Street Program, and WHEREAS, The Agency continues to implement the Downtown Revitalization Plan with community members and downtown stakeholders, and WHEREAS, a primary goal of the Agency and Redevelopment Plan is the revitalization of the downtown, and WHEREAS, Main Street has been specifically created and organized to revitalize downtown Atascadero utilizing the National Main Street approach, NOW, THEREFORE, in consideration of the premises, covenants and promises hereinafter set forth, the parties hereby agree as follows 1 Main Street shall conduct activities to implement the Annual Downtown Work Plan established by the Agency 2 Main Street shall prepare an annual work plan to be submitted to the Agency Executive Director for approval which implements the Agency's Annual Downtown Work Plan. The work plan shall include a reporting of accomplishments of the preceding year This agreement is intended to set forth the expectations of the Agency, nothing in this agreement will limit Main Street from pursuing additional funding from other sources or initiating additional projects or programs. 3 Agency shall pay Main Street $15,000 00 for services implementing this agreement for the period January 1, 2010 to June 30, 2010 Payment shall be made to Main Street in August of each year 4 Agency shall provide administrative support services to Main Street. Service levels and performance, as it relates to Main Street, will be defined in a Memorandum of Understanding between the Main Street Board of Directors and the Agency's Executive Director 5 This agreement shall become effective January 1, 2010 and shall continue in effect until June 30, 2010; provided, however, that this agreement shall be automatically renewed each year hereafter, for periods of one year, commencing July 1 through June 30 of the succeeding year, by action of the Agency Board of Directors budgeting funds as provided in Paragraph 4 hereof, and Main Street's acceptance thereof of said budget allocation. 6 In the event, in the opinion of the Agency Board of Directors, Main Street is not functioning effectively, then Agency may give Main Street notice of this fact, specifying in detail the alleged default or defaults, and Main Street must within 60 days correct said default or defaults, or the provisions in this Agreement for financial sponsorship of Main Street may be terminated by action of the Board of Directors. 7 This agreement may be amended or modified only by written agreement signed by both parties, with the exception of the procedure outlined in Paragraph 4 Failure on the part of either party to enforce any provision of this Agreement shall be construed as a waiver of the right to compel enforcement of such provision or provisions 8 It is understood that the contractual relationship of Main Street to Agency is that of independent contractor 9 Main Street agrees to keep all necessary books and records in connection with the services performed under this Agreement, and agree to make them available to the Agency at all reasonable times for audit purposes. Main Street furthermore agrees to provide, at no cost to Agency, an annual financial report of Main Street's financial records 10 Main Street agrees to hold the Agency harmless from, and indemnify Agency for, any liability or injury to any persons or damage to any property arising out of the performance of activities under this Agreement by Main Street, the employees, officers or agents of Main Street. Main Street shall provide a Certificate of Liability Insurance in the amount of $1,000,000 naming the Agency as an additional insured within thirty (30) days of signing of this Agreement. IN WITNESS WHEREOF the parties hereto execute this Agreement in Atascadero, California, this 24th day of November, 2009 APPROVED AS TO FORM. v Brian A. Pierik, City Attorney ATTEST lety- A0 Marcia McClure Torgerson, C' y Clerk COMMUNITY REDEVELOPMENT AGE Y of ATASCA ERO B y. Tom O'Malley, o Chairman ATASCADERO MAIN STREET, INC