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HomeMy WebLinkAbout21- Letter of Agreement - Bozeman Public Library Foundation - Bozeman Public Library Expansion Project Phase 2 and 3 Letter of Agreement October 12, 2021 RE: Architectural Services for Phase 2 and 3 of the Bozeman Public 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”) for Architectural Services for Phases 2 and 3 of the Library Expansion. 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 August 17, 2021. The Library Expansion Planning Committee has selected MSR Design for Architectural Services for Phase 2 and 3 work. MSR Design’s fee is $476,361.83 plus reimbursable expenses estimated to be a total of $22,000. 3. BPLF Responsibilities: a. Perform a wire transfer in the amount of $498,361.83 payable to the City no later than October 31, 2021. 4. City of Bozeman Responsibilities: a. Utilize the funds exclusively for Architectural Services for Phase 2 and 3 of the Library Expansion Project. b. Return any unused funds to BPLF at the completion of Phase 2 and 3. c. Highlight BPLF’s funding and involvement in the project in press releases or other promotional activities. DocuSign Envelope ID: D8F5AEE0-58E8-4407-99A0-11EA3C86B0F7 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: Signed: ____________________________ Janay Johnson, Director Date: ______________________________ City of Bozeman: Signed: _____________________________ Jeff Mihelich, City Manager Date: _______________________________ DocuSign Envelope ID: D8F5AEE0-58E8-4407-99A0-11EA3C86B0F7 10/15/2021 10/15/2021