Loading...
HomeMy WebLinkAbout1987-124-09/01/1987-ADMINISTRATIVE SERVICES CONTRACT ECONOMIC OPPORTUNITIES FORT COLLINS FOUNDATION RESOLUTION 87-124 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE CITY MANAGER TO ENTER INTO A CONTRACT WITH THE FORT COLLINS FOUNDATION TO PROVIDE ADMINISTRATIVE SERVICES IN MANAGEMENT OF THE ECONOMIC OPPORTUNITIES ACCOUNT OF THE CITY WHEREAS, the City of Fort Collins has a vital interest in the economic health of the community; and WHEREAS, the City has established an Economic Development Reserve Account in the General Fund, funded by the fees charged on Industrial Development Revenue Bonds issued since 1982; and WHEREAS, a citizens' advisory group, the Task Force on Economic Development did, in July, 1986, make certain recommendations to the City Council to expand and enhance economic opportunities, to improve the community's economic health, and to strive to share the benefits of economic development more fully with all segments of the population; and WHEREAS, additional comments have been offered by the Commission on the Status of Women, and by an informal coalition of human service groups, and by many individuals in the community; and WHEREAS, there is increasing awareness of the needs of the unemployed and the underemployed in the community; and WHEREAS, the Council , by Resolution 87-49, adopted March 17, 1987, has adopted goals and policies related to economic development, which goals and policies include the specific goal to "encourage and promote training, retraining and personal support services to assist in securing meaningful employment; and WHEREAS, the Council , by Ordinance No. 52, 1987, did appropriate funds in the sum of $210,000 for Economic Opportunities, $110,000 of which is available and may be utilized for the purposes as hereinafter recited; and WHEREAS, the Council has determined that it is in the best interests of the City that the City enter into a contract with the Fort Collins Foundation (Foundation) , whereby the Foundation would provide services to administer the funds as deposited in the Economic Opportunities account; and WHEREAS, as a part of the services to be provided by the Foundation, the Council has determined that it is in the best interests of the City that an advisory committee, to be known as the Economic Opportunity Advisory Committee, should be established to cooperate with the Foundation in seeking and reviewing proposals and activities consistent with the program objectives and to supervise the expenditure of City-appropriated funds by the Foundation. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the City Manager be, and he hereby is, authorized to enter into an agreement with the Foundation to provide for programs which enhance economic and employment opportunities of the unemployed and underemployed within the City. Section 2. That the agreement with the Foundation shall provide that the City shall pay the Foundation a sum not to exceed $110,000 for providing directly, or by contracts with other persons, legal entities, or agencies, means and methods of enhancement of the economic and employment opportunities of the unemployed and underemployed within the City, after such proposals have first been approved by the Economic Opportunity Advisory Committee. Section 3. That payment of the aforesaid sum shall be made to the Foundation upon execution of the Agreement. Section 4. That the Foundation shall provide services in the administration of said funds and in the processing of proposals. Section 5. That the City Attorney is directed to prepare an agreement between the City and the Foundation in accordance with the general guidelines as hereinbefore established, and containing such other terms and provisions as are in the best interest of the City. Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 1st day of September, 1987. r ATTEST: , �.P,pu�.City CYLL�r� s