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HomeMy WebLinkAboutRes 19-03 Neon Lizard Contract Amendment U 4646 Dakota Street SE ES �P Prior Lake, N1N 55372 RESOLUTION 19 =03 EDA A RESOLUTION APPROVING AN AMENDMENT TO THE CITY' S STANDARDIZED PROFESSIONAL SERVICES CONTRACT WITH NEON LIZARD CREATIVE Motion By : Boucher- Hoese Second By : Sheehan - Kerber WHEREAS , The City of Prior Lake is fortunate to have an active and entrepreneurial entity , known as the Economic Development Authority ( EDA) , focused on creating a desirable environment to attract and grow businesses which will expand and diversify the city's tax base and employment opportunities ; and WHEREAS , The business of the EDA includes but is not limited to promoting growth , development and redevelopment of retail , commercial and industrial properties in Prior Lake ; and WHEREAS , The Prior Lake City Council adopted the Prior Lake Economic Development Authority Business Plan on May 21 , 2018 ; and WHEREAS , One of the five key initiatives identified in the EDA Business Plan states , " Commercial Activity During Construction . Prior Lake will see some significant road improvement projects in 2018 and 2019 along key transportation networks . The EDA will work with commercial businesses and stakeholders in these areas , as well as the Chamber of Commerce , Business Engagement Committee and other groups to maintain and encourage the economic vitality of our businesses before , during and after these construction projects . " and WHEREAS , The EDA has entered into a contract with Rebecca Rausch , DBA Neon Lizard Creative in an amount not to exceed $ 10 , 000 to implement events which promote customer traffic in commercial areas affected by the 2019 road reconstruction projects ; and WHEREAS , The EDA has established a subcommittee to oversee implementation of the Contract and expenditure of funds ; and WHEREAS , The EDA wishes to provide funding to the Business Engagement Committee to support a minimum of three resident and business construction communication events to be held prior to , during and near the end of major construction activities ; and WHEREAS , The EDA wishes to amend the contract with Rebecca Rausch , DBA Neon Lizard Creative to increase the contract amount from $ 10 , 000 to an amount not to exceed $32 . 770 . NOW THEREFORE , BE IT HEREBY RESOLVED BY THE ECONOMIC DEVELOPMENT AUTHORITY OF PRIOR LAKE , MINNESOTA as follows : 1 . The recitals set forth above are incorporated herein . 2 . The EDA hereby allocates up to $46 , 420 from the EDA Special Revenue Fund to implement events and communication which promote customer traffic in commercial areas affected by the 2019 road reconstruction projects , including an allocation of $2 , 500 to the Business Engagement Committee to support construction communication events . 3 . The EDA Executive Director is authorized to execute an amendment to the city' s standardized professional services contract with Rebecca Rausch , DBA Neon Lizard Creative increasing the amount of the contract from $ 10 , 000 to an amount not to exceed $ 32 , 770 to implement events which promote customer traffic in commercial areas affected by the 2019 road reconstruction projects , subject to review by the City Attorney . 4 . The 2019 budget for Fund 240 will be amended to reflect this expenditure . PASSED AND ADOPTED THIS 11th DAY OF MARCH 2019 . VOTE Chromy Braid Sheehan - Briggs Boucher- Kerber Hoese Aye X DI X X N Nay ❑ ❑ ❑ ❑ ❑ Absent ❑ ❑ ❑ ❑ ❑ Abstain ❑ ❑ ❑ ❑ ❑ Michael Plante , Executive Director