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HomeMy WebLinkAboutCAG2020-217 - Amendment - #2 - Craft3 - Small Business Grant Project Distribution Services - 09/11/2020ApprovalOriginator:Department: Date Sent:Date Required: Authorized to Sign: †Director or Designee † Mayor Date of Council Approval: Budget Account Number: Budget? † Yes † No Grant? † Yes † No Type:Review/Signatures/RoutingDate Received by City Attorney:Comments: Date Routed to the Mayor’s Office: Date Routed to the City Clerk’s Office:Agreement InformationVendor Name:Category: Vendor Number:Sub-Category: Project Name: Project Details: Agreement Amount: Start Date: Basis for Selection of Contractor: Termination Date: Local Business? † Yes † No* *If meets requirements per KCC 3.70.100, please complete “Vendor Purchase-Local Exceptions” form on Cityspace. Notice required prior to disclosure? † Yes † No Contract Number: Agreement Routing Form For Approvals, Signatures and Records Management This form combines & replaces the Request for Mayor’s Signature and Contract Cover Sheet forms. (Print on pink or cherry colored paper) Visit Documents.KentWA.gov to obtain copies of all agreementsadccW22373_1_20 Rhonda Bylin Economic and Community Development September 9, 2020 September 9, 2020 ✔N/A ✔ V00010.64190.1237 ✔Federal via Washington State Departme Craft 3 Contract 2323869 Amendment 2 Small Business Relief Grants 2nd amendment to allow for more grants based on additional funding recently made available to the City. New amount = original plus 1st and 2nd amendments. $2,136,575.00 Other Upon execution 12/31/2020 ✔ ✔CAG2020-217 September 11, 2020 9/11/2020, OK to sign. Council approval is not required as the grant funds are pass-through and exempt under KCC 3.70.230.F.; the additional service fee due Craft3 is within Mayor's change order authority under KCC 3.70.230.B. SECOND AMENDMENT TO GRANT DISTRIBUTION SERVICES AGREEMENT Page 1 (between City of Kent and Craft3) SECOND AMENDMENT TO GRANT DISTRIBUTION SERVICES AGREEMENT BETWEEN THE CITY OF KENT AND CRAFT3 This Second Amendment (hereinafter “Second Amendment”), to the Grant Distribution Services Agreement, dated July 8, 2020, (hereinafter “Agreement”) is made and entered into by and between Craft3, (hereinafter “Contractor”), and the City of Kent, a Washington municipal corporation (hereinafter “City”), collectively the (“Parties”). I. RECITALS 1.1 On July 8, 2020, the parties entered into a Grant Distribution Services Agreement through which Contractor agreed to administer a small business grant program and distribute to eligible Kent businesses CARES Act grant funds, in the total amount of $913,500, which the City received through the Washington State Department of Commerce and King County. Contractor’s total services fees in administering and distributing these grant funds was authorized at $86,500. 1.2 On August 12, 2020, the parties entered into a First Amendment to the Grant Distribution Services Agreement through which the disbursable CARES Act grant funds was increased by an additional $500,000, for a total availability of grant funds through the small business program of $1,413,500. Additionally, for each grant award over the initial 203 grant awards made under the parties’ original Agreement, the parties agreed Contractor would be paid a flat service fee of $175 per award, up to a maximum of 14 awards and an additional $2,450 in service fees, for a total amended service fee of $88,950. 1.3 The City became aware that it will receive an additional $617,500 in CARES Act funding that will increase the total grant funds available through the small business program to $2,031,000 for eligible Kent businesses. The parties have agreed that Contractor’s total services fees shall increase to $105,575, calculated by an additional flat service fee of $16,625 that is inclusive of the additional service fees authorized under the parties’ First Amendment. The parties enter into this Second Amendment to formally increase the available small business program’s grant funding and Contractor’s services fees, and to ratify all acts consistent with the authority of this Second Amendment prior to its effective date. II. AMENDMENT NOW THEREFORE, in consideration of the mutual intent, desire, and promises of the Parties and other good and valuable consideration, the City and Contractor each agree as follows: 2.1 Section IV of the Agreement, entitled “Compensation and Grant Funds,” is hereby repealed in its entirety and replaced with the following: A. Compensation. For the first 203 grant awards administered by Contractor, the City shall pay the Contractor a total amount of $86,500 in compensation for providing grant administration services as described Section I (“Service Fee”). The City shall disburse one-half of the Service Fee ($43,250) to Contractor promptly following the Effective Date. The second one-half of the Service Fee ($43,500) will be paid upon completion of all services described in this Agreement. SECOND AMENDMENT TO GRANT DISTRIBUTION SERVICES AGREEMENT Page 2 (between City of Kent and Craft3) The total Service Fee and Additional Service Fee authorized under this Agreement shall not exceed $105,575 without the prior written authorization of the City in the form of a negotiated and executed amendment to this Agreement. B. Upon the Effective Date of the Agreement, the City disbursed to Craft3 CARES Act grant funds in the total amount of $913,500. On August 17, 2020 the City disbursed additional CARES Act grant funds in the amount of $497,000, and promptly upon the effective date of the parties’ Second Amendment, additional CARES Act grant funds in the amount of $617,500 will be disbursed to Craft3. In the event Craft3 does not award and disburse all CARES Act grant funds within the term of this Agreement, Craft 3 shall return those CARES Act funds to the City by December 31, 2020. 2.Ratification. All acts consistent with the authority of this Second Amendment and prior to its effective date are ratified and affirmed and the terms of the Agreement, any prior Amendments, and this Second Amendment shall be deemed to have applied. 3.Remaining Provisions. Except as specifically amended by this Second Amendment, all remaining provisions of the Agreement and any prior Amendments shall remain in full force and effect. The parties whose names appear below swear and affirm that they are authorized to enter into this Amendment, which is binding on the parties of the Agreement. IN WITNESS, the parties below have executed this Second Amendment, which will become effective on the last date written below. CONTRACTOR: Craft3 By: (signature) Print Name: Its (title) DATE: CITY: City of Kent By: (signature) Print Name: Dana Ralph Its Mayor (title) DATE: Approved as to Form: Kent City Attorney’s Office ATTEST: Digitally signed by Mark Stevenson, EVP & Chief Financial Officer Date: 2020.09.10 17:11:52 -07'00' 09/11/2020 SECOND AMENDMENT TO GRANT DISTRIBUTION SERVICES AGREEMENT Page 3 (between City of Kent and Craft3) Kent City Clerk