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HomeMy WebLinkAbout23 - Payment Agreements - Bozeman Public Library Foundation - Bozeman Community CenterPage 1 of 3 Agreement between the Bozeman Public Library Foundation and the City of Bozeman for the Bozeman Community Center This Agreement is between the City of Bozeman (City), with a mailing address of PO Box 1230, Bozeman, Montana, 59771, and the Bozeman Public Library Foundation (Foundation) with a mailing address of 626 E. Main, Bozeman, MT 59715 related to the development of a new City west-side branch library and recreation and aquatics center (Bozeman Community Center). The City and Foundation are referred to collectively as the “Parties”. I. Purpose The purpose of this Agreement is to provide an understanding between the City and the Foundation regarding the receipt of donations in support of funding the Bozeman Community Center. The City’s current Capital Improvement Plan includes the construction of a new library branch, recreation, and aquatics center in Bozeman’s west side in fiscal year 2024. The Foundation and the City understand this Agreement provides the Parties’ agreement of how the Project will be supported by donations and that this Agreement will be supplemented and adjusted as needed; as such, except for the Foundation’s obligations regarding funding of the Project (the “Funding” as described below), the understanding between the parties as stated in this Agreement is subject to change. II. The Project The City of Bozeman’s Strategic Plan calls for ensuring library services that meet the demands of the City, in addition to prioritizing recreational opportunities and active health programs and facilities. Through previous studies, the Bozeman Public Library and the Parks & Recreation Department have identified a critical need to expand civic amenities and services to all City residents. The proposed Bozeman Community Center will serve as a shared facility for branch library services, in addition to aquatics and recreation services providing intergenerational recreation, youth programming, and a holistic definition of wellness to support both civic and cultural needs. III. Responsibilities The Foundation has received a Grant Award from the Kendeda Fund in the amount of $3,000,000 for the following purpose: “in support of the design and construction costs associated with the Library portion of the West Side Bozeman Community Center, Library and Pool Project. It is intended that a portion of this Grant will be used to pay for the costs associated with solar panel installation for the entire Project… (the ‘Purpose’).” A copy of the Grant terms of this Grant is DocuSign Envelope ID: 669A8D1A-A27E-429E-8248-79BA3A08DDBE Page 2 of 3 attached to this Agreement as Exhibit 1. Subject to the conditions set forth below, The Foundation agrees to provide $3,000,000 in funding for the costs and expenses of the Project in accordance with the Purpose of the Grant (to include $500,000 dedicated to the installation of an onsite solar array), while the City will provide project management support for the Project and maintenance of the Bozeman Community Center after the Project is completed. City responsibilities include executing an Architectural Services Agreement with the current project Architect (ThinkOne / AMD) and preparing a Request for Proposals (or Request for Qualifications) to select a General Contractor to support final design and provide construction services and enter into a contract with the selected contractor. The parties also understand City voters must approve the sale of general obligation bonds at the November 7, 2023 election for the City to proceed with purchase, development, and construction of the project. IV. Financing The Foundation represents to the City it has the authorization and capacity to transfer funds to the City prior to substantial completion of construction. The Foundation’s obligation to transfer funds to the City pursuant to this Agreement is contingent upon the following two conditions: first, that Foundation receive the full amount of the Grant from the Kendeda Fund on or before December, 31, 2023, and second, voters approve the sale of general obligation bonds at the November 7, 2023 election. V. Representatives The Parties understand that decisions called for in the Agreement will be made by each Party’s representative. For purpose of this Agreement the Foundation shall be represented by its Director, Janay Johnson, and the City represented by its Director of Strategic Services, Jon Henderson. VI. No Partnership; Binding Agreement Required Nothing herein shall be deemed to constitute the creation of a formal business entity or partnership between the parties. The parties agree that except for the terms and conditions of the use of the Grant as set forth in this Agreement, there are no other agreements, promises, or representations, either oral or written, with respect to the payment of and the use of payment of funds in accordance with this Grant and the use of those funds in the Bozeman Community Center Project. DocuSign Envelope ID: 669A8D1A-A27E-429E-8248-79BA3A08DDBE Page 3 of 3 #### END OF AGREEMENT EXCEPT FOR SIGNATURES #### City of Bozeman ____________________________ DATE: __________ Jeff Mihelich, City Manager Bozeman Public Library Foundation ____________________________ DATE: __________ Janay Johnson, Director DocuSign Envelope ID: 669A8D1A-A27E-429E-8248-79BA3A08DDBE 6/29/2023 7/10/2023 Exhibit 1 DocuSign Envelope ID: 669A8D1A-A27E-429E-8248-79BA3A08DDBE DocuSign Envelope ID: 669A8D1A-A27E-429E-8248-79BA3A08DDBE