HomeMy WebLinkAboutR-2023-082 Resolution authorizing an agreement with Yakima County Development Association (YCDA) to establish and manage a Minimum Revenue Guarantee Airline Fund RESOLUTION NO. R-2023-082
A RESOLUTION authorizing an agreement with Yakima County Development Association
(YCDA) to establish and manage a Minimum Revenue Guarantee Airline
Fund.
WHEREAS, the City owns and operates the Yakima Air Terminal-McAllister Field in
accordance with applicable Federal, State, and Local regulations; and
WHEREAS, Alaska Airlines, Inc., an Alaska Corporation ("Alaska") is a major airline
serving the United States and international destinations, and is the primary provider of air service
to Yakima; and
WHEREAS, Alaska is willing to provide additional scheduled air service between Yakima,
Washington ("YKM") and Seattle, Washington ("SEA"), on the terms and conditions set forth in a
separate agreement between the City and Alaska for an additional flight into and out of the Yakima
Air Terminal; and
WHEREAS, Alaska requires a Minimum Revenue Guarantee to bring additional service
to Yakima in an amount not to exceed $500,000.00, which funds are dedicated to fund loss of
revenue to Alaska Airline during its one-year term of the additional scheduled flight; and
WHEREAS, the Yakima County Development Association has agreed to assist in the
establishment and management of the Minimum Revenue Guarantee Airline Fund; and
WHEREAS, the City Council finds that the opportunity to obtain the services of Alaska
Airlines for the City of Yakima is very important to the future of the City, and offers an opportunity
for economic expansion and growth within the entire local area; and
WHEREAS, the City Council of the City of Yakima finds that it is in the best interests of
the City and its residents to enter into an agreement with YCDA to create, promote, and administer
the Minimum Revenue Guarantee Airline Fund; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA:
The City Manager is hereby authorized and directed to execute an agreement with the Yakima
County Development Association (YCDA) to establish and manage a Minimum Revenue
Guarantee Airline Fund that is necessary to fulfill Air Service Agreement Minimum Revenue
Guarantee (MRG) contract with Alaska Airlines and the Yakima Air Terminal - McAllister Field
during its one-year term of its scheduled flight.
ADOPTED BY THE CITY COUNCIL this 6th day of June, 2023.
ATTEST: KiMA�`1% Janice Deccio, Mayor
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AGREEMENT
BETWEEN
THE CITY OF YAKIMA
AND
YAKIMA COUNTY DEVELOPMENT ASSOCIATION
THIS AGREEMENT is entered into this o2 day of J u ne- , 2023, by and
between the City of Yakima(hereinafter referred to as the "City") and the Yakima County
Development Association (hereinafter referred to as the "Recipient").
WHEREAS, Alaska Airlines (sometimes referred to as "Alaska") has agreed to provide
an additional flight into, and out of, Yakima on a daily basis under a contract with the City; and
WHEREAS, the contract with Alaska Airlines requires that the City have a Minimum
Revenue Guarantee Airline Fund in the minimum amount of$500,000.00 (the"Fund") set aside
to pay the difference between the Actual Costs of the flight and the actual revenue Alaska
receives from those flights over the course of the contract, approximately one year; and
WHEREAS, the City is seeking donations from local businesses and entities into the
fund to ensure the additional service; and
WHEREAS, the City wishes to engage the Recipient to assist the City in collecting and
holding the funds from all sources that will go towards making any necessary payment to Alaska
Airlines; and
WHEREAS, it was determined that it was in the best interest of all parties to have an
independent third party hold the donation funds until the City provides to Recipient the invoice
from Alaska Airlines at the end of the contract term seeking payment for the difference between
Actual Costs and ticket sale/additional revenue from the flights;
NOW, THEREFORE, it is agreed between the parties hereto as follows:
1. SCOPE OF SERVICE
A. MINIMUM REVENUE GUARANTEE AIRLINE FUND ("FUND")
The Recipient will be responsible for setting up an interest-bearing account at Banner
Bank (the"Account") for the sole purpose of holding funds from various jurisdictions,
including the City of Yakima and Yakima County, as well as business and other entities
wishing to contribute to the Fund. Interest payments shall be invested back into the
Fund and be available for reimbursement to Alaska pursuant to the contract between
Alaska and the City.
The Recipient will have authority to, and is required to, deposit all funds into the Account
within 72 hours of receipt.
The Recipient shall only withdraw funds from the Account upon request from the City
and supported by an invoice or payment demand from Alaska Airlines, at which point
Recipient shall transfer the funds to the City and the City shall promptly pay the invoice
or payment demand from Alaska. It is anticipated that Alaska will only be providing one
invoice at the end of the year of service, however, if Alaska determines it is appropriate
to invoice more than once per year, Recipient shall transfer funds from the Account to
the City upon said invoices or payment demands as they arise.
B. SOLICITATION OF DONATIONS
The Recipient will support the City's efforts to solicit donations for the Fund so that the
Fund reaches a minimum of$500,000.00 during the term of the contract with Alaska
Airlines. In the event Alaska Airlines requests, and the City enters into, an extension to
the contract for the additional flight, and said extension requires a minimum fund
amount, Recipient agrees to support the City's efforts to solicit additional donations for
the extension period(s).
The Recipient and City will work together to solicit donations when appropriate, and will
coordinate promotional materials, media appearances, press releases and other public
content during the course of this Agreement.
C. REIMBURSEMENT OF FUNDS
In the event at the end of the contract between Alaska Airlines and the City there are
remaining funds in the Fund that have not been paid to Alaska Airlines, Recipient shall
return the funds to the donors on a pro rata basis. For example, if Yakima County
contributed 30% of the total funding during the contract period (including any renewals),
it would receive 30%of the remaining fund balance as reimbursement.
Funds shall be reimbursed within sixty (60) days after the final invoice from Alaska
Airlines is presented to Recipient and funds are transferred to the City.
2. TIME OF PERFORMANCE
Services of the Recipient shall start on the effective date of this Agreement and end upon
disbursal of all funds pursuant to this Agreement, or within ninety (90) days of payment to
the City upon invoice from Alaska to pay Alaska pursuant to the Alaska Airlines contract with
the City of Yakima, a copy of which will be attached to this Agreement, whichever is longer.
Any renewal or amendments shall be provided to Recipient and attached to this Agreement
as well.
3. BUDGET
Recipient shall receive no funding from the City to administer this Agreement, collect, solicit,
hold, or disburse the funds.
4. STAFFING
Recipient shall provide adequate staffing to administer the requirements outlined in this
Agreement. Jonathan Smith of YCDA shall be the primary staff person and key personnel
for purposes of this Agreement. Any changes in key personnel assigned or their general
responsibilities under this Agreement are subject to the prior approval of the City.
5. NON-DISCRIMINATION
The Recipient shall comply with all Federal, State and local laws prohibiting discrimination
on the basis of age, sex, marital status, race, creed, color, national origin, the presence of
any sensory, mental or physical handicap or any other group protected under local, state or
federal law existing or hereafter created.
6. NOTICES
Notices required by this Agreement shall be in writing and delivered via mail (postage
prepaid), commercial courier, or personal delivery. Any notice delivered or sent as aforesaid
shall be effective on the date of delivery or sending. All notices and other written
communications under this Agreement shall be addressed to the individuals in the
capacities listed below, unless otherwise modified by subsequent written notice.
Communication and details concerning this Agreement shall be directed to the following
representatives:
City: Recipient:
City Manager Jonathan Smith
City of Yakima Yakima County Development Association
129 North 2nd Street 10 North 9th Street
Yakima, WA 98901 Yakima, WA 98901
(509) 575-6000 (509) 575-1140
7. SPECIAL CONDITIONS
A. Recipient shall provide copies to the City of any solicitation letters, media releases,
or other documents that go out to the public seeking donations or providing updates
on matters associated with the Alaska Airlines extra flight prior to release for review
and comment.
B. Recipient shall provide updates to the City Council, either in writing or in person,
upon request.
8. GENERAL CONDITIONS
A. General Compliance
The Recipient agrees to comply with all other applicable Federal, state and local laws,
regulations, and policies, including, but not limited to regulations associated with federal
and ARPA grant money where relevant and federal accounting regulations and policies
associated with receiving federal monies, governing the funds and the Fund provided for
under this Agreement.
B. independent Contractor
Nothing contained in this Agreement is intended to, or shall be construed in any manner,
as creating or establishing the relationship of employer/employee between the parties.
The Recipient shall at all times remain an "independent contractor"with respect to the
services to be performed under this Agreement. The City shall be exempt from payment
of all federal and/or state Unemployment Compensation, FICA, retirement, life and/or
medical insurance and Workers' Compensation Insurance, as the Recipient is an
independent contractor.
C. Hold Harmless and Indemnification
Recipient agrees that it is financially responsible for any audit exception or
other financial loss to the City which occurs due to its negligence or its failure
to comply with the terms of this Agreement.
ii. Recipient further agrees to defend, release indemnify and hold harmless the
City, its elected and appointed officials, employees, and agents from and
against any and all claims, demands and/or causes of action of any kind or
character whatsoever arising out of or in connection with the performance of
this Agreement by the Recipient, its employees, subcontractors, agents,or
volunteers for any and all claims by any persons for alleged personal injury,
death, or damage to their persons or property to the extent caused by the
negligent acts, errors or omissions of the Recipient, its employees, agents,
subcontractors, volunteers or representatives. In the event that any suit or
claim for damages based upon such claim, action, loss, or damages is
brought against the City, the Recipient shall defend the same at its sole cost
and expense; provided that the City retains the right to participate in said suit
if any principle of governmental or public law is involved; and if final judgment
be rendered against the City and/or its officers, agents, and/or employees or
any of them or jointly against the City and the Recipient and its respective
officers, agents, subcontractors, employees, volunteers or any of them, the
Recipient agrees to fully satisfy the same and the Recipient shall reimburse
the City for any cost and expense which the City has incurred as a result of
such claim or suit, including, but not limited to attorneys' fees, costs and
appeal costs and fees. The provisions of this section shall survive the
expiration or termination of this Agreement.
D. Insurance
i. The Recipient shall procure and maintain for the duration of this Agreement,
insurance against claims for injuries to persons or damage to property which
may arise from or in connection with the performance of the work hereunder
by the Recipient, its agents, representatives, or employees.
ii. Recipient's maintenance of insurance as required by the Agreement shall not
be construed to limit the liability of the Recipient to the coverage provided by
such insurance, or otherwise limit the City's recourse to any remedy available
at law or in equity.
iii. Recipient shall obtain insurance of the types, coverage and minimum limits
described below:
a. Commercial General Liability. Before this Agreement is fully executed by
the parties, Recipient shall provide the City with a certificate of insurance
and accompanying endorsement as proof of commercial liability
insurance and commercial umbrella liability insurance with a total liability
limit of the limits required in the policy, subject to minimum limits of Two
Million Dollars ($2,000,000.00) per occurrence combined single limit
bodily injury and property damage, and Two Million Dollars
($2,000,000.00) general aggregate. The certificate and endorsement
shall clearly state who the provider is, the coverage amount, the policy
number, and when the policy and provisions provided are in effect. Said
policy shall be in effect for the duration of this Agreement. The policy
shall name the City, its elected and appointed officials, officers, agents,
employees, and volunteers as additional insureds. The insured shall not
cancel or change the insurance without first giving the City thirty (30)
calendar days prior written notice. The insurance shall be with an
insurance company or companies rated A-VII or higher in Best's Guide
and admitted in the State of Washington.
b. Commercial Automobile Liability Insurance.
If Recipient owns any vehicles, before this Agreement is fully
executed by the parties, Recipient shall provide the City with a
certificate of insurance and endorsement as proof of commercial
automobile liability insurance and commercial umbrella liability
insurance with a total liability limit of the limits required in the
policy, subject to minimum limits of Two Million Dollars
($2,000,000.00) per occurrence combined single limit bodily injury
and property damage. Automobile liability will apply to"Any Auto"
and be shown on the certificate.
ii. if Recipient does not own any vehicles, only"Non-owned and
Hired Automobile Liability" will be required and may be added to
the commercial liability coverage at the same limits as required in
that section of this Agreement, which is Section (D)(iii)(a) above
entitled "Commercial General Liability Insurance."
iii. Under either situation described above in Section (D)(iii)(b)(i) or
(D)(iii)(b)(ii), the required certificate of insurance and endorsement
shall clearly state who the provider is, the coverage amount, the
policy number, and when the policy and provisions provided are in
effect. Said policy shall be in effect for the duration of this
Agreement. The policy shall name the City, its elected and
appointed officials, officers, agents, employees, and volunteers as
additional insureds. The insured shall not cancel or change the
insurance without first giving the City thirty (30) calendar days
prior written notice. The insurance shall be with an insurance
company or companies rated A-VII or higher in Best's Guide and
admitted in the State of Washington.
c. Workers' Compensation. Statutory workers'compensation and
employer's liability insurance as required by state law.
d. Professional Liability. Before this Agreement is fully executed by the
parties, Recipient shall provide the City with a certificate of insurance and
endorsement as proof of professional liability coverage with a total liability
limit of the limits required in the policy, subject to minimum limits of Two
Million Dollars ($2,000,000.00) per claim, and Two Million Dollars
($2,000,000.00) aggregate. The certificate and endorsement shall clearly
state who the provider is, the coverage amount, the policy number, and
when the policy and provisions provided are in effect. Said policy shall be
in effect for the duration of this Agreement. The insured shall not cancel
or change the insurance without first giving the City thirty (30) calendar
days prior written notice. The insurance shall be with an insurance
company or companies rated A-VII or higher in Best's Guide. If the policy
is written on a claims made basis the coverage will continue in force for
an additional two years after the completion of this Agreement.
e. Directors' and Officers' Insurance. Directors' and Officers' insurance
appropriate to the Recipient's actions. If the Professional Liability policy
covers the actions of the Recipient's directors and officers that would be
covered under a Directors' and Officers' policy, this requirement may be
met by that liability insurance.
iv. If any of the required insurance provides coverage on a claims-made basis:
a. The retroactive date must be on or before the date of the Agreement or
the beginning of services provided to the City. Insurance must be
maintained and evidence of insurance must be provided for at least five
(5) years after expiration or termination of the Agreement.
b. If coverage is canceled or non-renewed, and not replaced with another
claims-made policy form with a Retroactive Date prior to the contract
effective date, Recipient must purchase "extended reporting" coverage for
a minimum of five (5) years after completion of services provided by this
Agreement.
v. Recipient's Commercial General Liability insurance policies are to contain, or
be endorsed to contain that they shall be primary insurance as respect to the
City. Any insurance, self-insurance, or self-insured pool coverage maintained
by the City shall be excess of the Recipient's insurance and shall not
contribute with it.
vi. Recipient shall furnish the City with original certificates and a copy of the
amendatory endorsements, including but not necessarily limited to the
additional insured endorsement, evidencing the insurance requirements of
the Recipient before commencement of the work.
vii. Failure of either or all of the additional insureds to report a claim under such
insurance shall not prejudice the rights of the City, its elected and appointed
officials, officers, employees, agents, and representatives thereunder. The
City and the City's elected and appointed officials, officers, principals,
employees, representatives and agents shall have no obligation for payment
of premiums because of being named as additional insureds under such
insurance.
viii. Failure on the part of the Recipient to maintain the insurance as required shall
constitute a material breach of this Agreement, upon which the City may, after
giving five (5) business days' notice to the Recipient to correct the breach,
immediately terminate the Agreement or, at its discretion, procure or renew
such insurance and pay any and all premiums in connection therewith, with
any sums so expended to be repaid to the City on demand, or at the sole
discretion of the City, offset against funds due the Recipient from the City.
ix. If the Recipient maintains higher insurance limits than the minimums shown
above, the City shall be insured for the full available limits of Commercial
General and Excess liability maintained by the Recipient for each policy,
irrespective of whether such limits maintained by the Recipient are greater
than those required by this Agreement or whether any certificate of insurance
furnished to the City evidences limits of liability lower than those maintained by
the Recipient.
x. The Recipient shall not use or disclose Personal Information, as defined in
RCW 19.255.010, in any manner that would constitute a violation of federal
law or applicable provisions of Washington State law. Recipient agrees to
comply with all federal and state laws and regulations, as currently enacted or
revised, regarding data security and electronic data interchange of Personal
Information.
E. Amendments
The City or Recipient may amend this Agreement at any time provided that such
amendments make specific reference to this Agreement, and are executed in writing,
signed by a duly authorized representative of each organization, and approved by the
City's governing body, or its designee. Such amendments shall not invalidate this
Agreement, nor relieve or release the City or Recipient from its obligations under this
Agreement.
F. Assignment and/or Subcontracting
The Recipient shall not assign or subcontract any portion of the services provided within
the terms of this Agreement without obtaining prior written approval from the City. The
City has the sole authority to decide whether assignment and/or subcontracting will be
allowed. All terms and conditions of this Agreement shall apply to any approved
subcontract or assignment related to the Agreement.
G. Suspension or Termination
i. Termination for Cause. City may suspend or terminate this Agreement if the
Recipient materially fails to comply with any terms of this Agreement, which include,
but are not limited to, the following:
a. Failure to comply with any of the rules, regulations or provisions referred to
herein, or such statutes, regulations, executive orders, policies or directives
as may become applicable at any time;
b. Failure, for any reason, of the Recipient to fulfill in a timely and proper
manner its obligations under this Agreement;
c. Ineffective or improper use of funds provided under this Agreement; or
d. Submission by the Recipient to the City reports that are incorrect or
incomplete in any material respect.
ii. Termination by Agreement. This Agreement may be terminated at any time, in
whole or in part, upon the written agreement of Recipient and City.
iii. Termination for Convenience. Either party may terminate this Agreement for any
reason, or no reason, by providing the other party ninety (90) calendar days
written notice.
Upon termination of this Agreement under any section above, any money in the Fund
not already transferred to the City for payment of an invoice or demand from Alaska
Airlines shall be transferred to the City of Yakima to be held in an account to continue
providing funds for the additional air service during the term of the contract between the
City of Yakima and Alaska Airlines. Additionally, Recipient shall provide an audit of the
Fund indicating the dates and amounts which were deposited and withdrawn from the
Fund.
9. ADMINISTRATIVE REQUIREMENTS
A. Financial Management
If the Recipient is a governmental entity, the Recipient shall comply with the
requirements and standards of OMB Circular A-128, "Audits of State and Local
Government," and Circular A-87, "Principles for Determining Costs Applicable to
Grants and Contracts with State, Local and Federally recognized Indian Tribal
Governments," and with 2 CFR Part 200.
If the Recipient is not a governmental entity, the Recipient shall comply with the
requirements and standards of 2 CFR Part 200, and all other applicable federal
laws, regulations, executive orders and guidelines.
B. Documentation and Recordkeeping
i. Records to be Maintained
The Recipient shall maintain all records required by the Federal regulations
specified in 24 CFR 570.506 that are pertinent to the activities to be funded
under this Agreement, all records necessary to document compliance with any
other applicable federal, state, or local law or regulation, and all records relevant
or associated with this Agreement and the Scope of Work.
ii. Retention
Required records shall be retained for a period of six (6) years after termination
of this Agreement, except as follows: (1) Records that are the subject of audit
findings shall be retained for six (6) years after the program ends or six (6) years
after such findings have been resolved, whichever is longer; and (2) records for
nonexpendable property shall be retained for six (6) years after its disposition.
Nonexpendable property is defined in 2 CFR 200.333.
iii. Inspection and Disclosure of Records
The Recipient acknowledges that this Agreement and any other information
provided by it to the City and/or relevant to the program(s) described in the
Exhibit(s) and Attachment(s) are subject to the Washington State Public Records
Act, Chapter 42.56 RCW. Records relating to this Agreement shall at all times
be subject to inspection by the City. Recipient shall provide the City sufficient,
safe and proper facilities and/or send copies of the requested documents to the
City upon City's request. All records related to Recipient's services under this
Agreement must be made available to City, upon request. They must be
produced to third parties, if required pursuant to the Public Records Act, or by
law. All records relating to Recipient's services under this Agreement must be
managed and retained by Recipient for the minimum period of time required
pursuant to the Washington State Secretary of State's records retention
schedule.
This section shall survive any expiration or termination of this Agreement.
iv. Close-Out
The Recipient's obligation to the City shall not end until all close-out
requirements are completed. Activities during this close-out period shall include,
but are not limited to: making final payment to the City, distribution of unused
funds pursuant to the terms of this Agreement (if any), and determining the
custodianship of records. Notwithstanding the foregoing, the terms of this
Agreement shall remain in effect during any period that the Recipient has control
over the Fund.
v. Audits and Inspections
The records and documents with respect to all matters covered by this
Agreement shall be subject at all times to inspection, review or audit by the City,
and Federal or State officials if appropriate, so authorized by law during the
performance of this Agreement and during the period of retention specified in this
Agreement.
vi. Access to Records.
a. Recipient agrees that City may carry out monitoring and evaluation activities
so as to ensure compliance by Recipient with this Agreement and with all
other laws, regulations, and ordinances related to the performance hereof.
b. At any reasonable time and as often as City may deem necessary, Recipient
shall make its records available to the City, federal or state auditors, or any of
their authorized representatives, and shall permit them to audit, examine, and
make excerpts and/or copies of the same. Recipient records shall include,
but shall not be limited to, the following: payroll, personnel and employment
records, procurement bidding documents, contracts, sales closing
statements, applications, award notifications, receipts, requests for
reimbursement, and invoices related to this Agreement.
c. The City shall have the right to review and audit all records of the Recipient
pertaining to any payment by the City. Said records shall be maintained for a
period of seven years after the completion of the project.
vii. Debarment and Suspension Certification
Entities that are debarred, suspended, or proposed for debarment, by the U.S.
Government are excluded from receiving federal funds and contracting with the
City. Recipient, by signature to this Agreement, certifies that Recipient is not
currently debarred, suspended, or proposed for debarment, by any Federal
department or agency. Recipient also agrees that it will not enter into a subcontract
with a person or entity that is debarred, suspended, or proposed for debarment.
Recipient will notify the City if it, or a subcontractor, is debarred, suspended, or
proposed for debarment, by any Federal department or agency. Debarment status
may be verified at °q _s dwww.sam.govi.
10. GOVERNING LAW AND VENUE
A. The venue for any action to enforce or interpret this Agreement shall be in the
Superior Court of Washington for Yakima County.
B. This Agreement has been and shall be construed under the laws of the State of
Washington.
11. SEVERABILITY
It is understood and agreed by the parties hereto that if any part, term, or provision of this
Agreement is held by the courts to be illegal, the validity of the remaining provisions shall
not be affected; and the rights and obligations of the parties shall be construed and enforced
as if the Agreement did not contain the particular provision held to be invalid. If it should
appear that any provision hereof is in conflict with any federal or state statutory provision,
said provision which may conflict therewith shall be deemed modified to conform to such
statutory provision.
12.WAIVER
The City's failure to act with respect to a breach by the Recipient does not waive its right to
act with respect to subsequent or similar breaches. The failure of the City to exercise or
enforce any right or provision shall not constitute a waiver of such right or provision.
13. ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the City and the Recipient for the
use of funds received under this Agreement and it supersedes all prior or contemporaneous
communications and proposals, whether electronic, oral, or written between the City and the
Recipient with respect to this Agreement.
14.SURVIVAL
Any provision of this Agreement which imposes an obligation after termination or expiration
of this Agreement shall survive the term or expiration of this agreement and shall be binding
on the parties to this Agreement.
DATED this <-1� day of June, 2023
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first
written above.
CITY YAKIMA YAKIMA COUNTY DEVELOPMENT ASS'N
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BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT
Item No. 12.
For Meeting of: June 6, 2023
ITEM TITLE: Resolution authorizing an agreement with Yakima County
Development Association (YCDA)to establish and manage a
Minimum Revenue Guarantee Airline Fund
SUBMITTED BY: Jaime Vera,Airport Operations and Maintenance Manager
SUMMARY EXPLANATION:
Alaska requires a Minimum Revenue Guarantee to bring additional service to Yakima in an
amount not to exceed $500,000.00, which funds are dedicated to fund loss of revenue to Alaska
Airline during its one-year term of the additional scheduled flight and the Yakima County
Development Association has agreed to assist in the establishment and management of the
Minimum Revenue Guarantee Airline Fund
ITEM BUDGETED: Yes
STRATEGIC PRIORITY: Economic Development
APPROVED FOR SUBMITTAL BY THE CITY MANAGER
RECOMMENDATION:
Adopt resolution.
ATTACHMENTS:
Description Upload Date Type
0 Resolution 6/2/2023 Corer Memo
❑ Contract 5/31/2023 Contract