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HomeMy WebLinkAbout20 - Letter of Agreement - Library Expansion Project Phase I DocuSign Envelope ID:C771 FEF3-3DOC-4E7D-80E8-69096A85B41 B Letter of Agreement December 1, 2020 RE: Phase 1 of Library Expansion—Letter of Agreement This letter of agreement(the "Agreement") confirms the understanding reached by the parties and sets forth the terms and conditions of a contribution by the Bozeman Public Library Foundation(`BPLF")to the City of Bozeman("City") to complete Phase 1 of the Library Expansion project. 1. Parties to the Agreement and Notices: a. For BPLF Contact: Janay Johnson, Director Address: 626 East Main; Bozeman MT 59715 b. For City of Bozeman Contact: Cyndy Andrus, Mayor Address: 121 N. Rouse Ave; Bozeman MT 59715 2. Background: Details of the project and the specific responsibilities of each party are outlined in the Agreement between the Bozeman Public Library, the Bozeman Public Library Foundation, and the City of Bozeman signed and executed on October 23, 2020. The Library Expansion Planning Committee has selected MSR Design to complete Phase 1 work. MSR Design's fee is $170,560 plus reimbursable expenses estimated to be a total of $4,225. 3. BPLF Responsibilities: a. Submit a check in the amount of$125,000 payable to the City no later than December 31, 2020. b. Submit a check in the amount of$45,560 payable to the City no later than January 30, 2021. c. Submit a check(s)payable to the City for all reimbursable expenses submitted by MSR, as they are billed to the City. 4. City of Bozeman Responsibilities: a. Utilize the funds exclusively for Phase 1 of the Library Expansion project. b. Return any unused funds to BPLF at the completion of Phase 1. DocuSign Envelope ID:C771 FEF3-3DOC-4E7D-8OE8-69096A85B41 B c. Highlight BPLF's funding and involvement in the project in press releases or other promotional activities. d. Bill BPLF monthly for any reimbursable expenses submitted by MSR. 5. Acceptance: By signing below, the undersigned represent that they are authorized to act on behalf of their respective parties and to bind their respective parties to the terms of this Agreement, and that the undersigned parties have read,understand and agree to the above. Bozeman Public Library Foundation: DocuSigned by: Signed: Janay4YoErisori;birector Date: 12/18/2020 City of Bozeman: DocuSigned by: DocuSigned by: Signed: 5 Jeff Mihelich,City Manager Date: 12/20/2020