The URL can be used to link to this page

Home My WebLink AboutCOW 2016-08-08 Item 4A - Resolution - Port of Seattle Economic Development Partnership GrantCOUNCIL AGENDA SYNOPSIS ---------------------------- - - - - -- Initial, Meeliq Date Prepared by Ma ors review Co *7 review 08/08/16 BM Z Resolution Mtg Date 8119116 ❑ Ordinance Mtg Date 08/15/16 BM 0 ti 0 ) er Mtg Date SPONSOR ❑ Council Z Major [:] HR ❑ DCD E].Finance ❑ Eire ❑ TS ❑ P&R ❑ Police ❑ PW SPONSOR'S Earlier this summer, the Port of Seattle announced it would make available to all King SUMM'\RY County cities and towns, with the exception of Seattle, funds for economic development activities. Funds are available to each city and town based on a per capita basis. The City of Tukwila is eligible to receive $19,300 from the Port of Seattle. Staff would like to use the funds to update the City's business recruitment collateral. Rj,1XJEWI--,D BY ❑ cow Mtg- r-1 CA&P Cmte ❑ F&S Cmte ❑ Transportation Cmte F-1 Utilities Cmte ❑ Arts Comm. ❑ Parks Comm. ❑ Planning Comm. DATE: N/A COMMITTEE CHAIR: N/A RECOMMENDATIONS: SPONsoR/ADMIN. Mayor's Office, Economic Development COMM1171.�E No Committee, straight to C.O.W. and then Regular Consent COST IMPACT / FUND SOURCE AMOUNT BUDGETED APPROPRIATION REQUIRED $24,125 $4,825 $19,300 Fund Source: FUNDS WILL COME FROM THE PORT OF SEATTLE ($19,300) AND ECONOMIC DEVELOPMENT ($4,825). Comments: The City will be receiving $19,300 from the Port of Seattle through a grant. I RECORD OF COUNCIL ACTION 08/08/16 ITEM NO. 77FAFF SPONsoR: BRANDON J. MILES I ORIGINAL,A(,,F'.NDADATE: 08/08/16 A(3j,.'Nl-)A ITHIm TiTi-IJ' Port of Seattle Economic Development Partnership Grant CATEGORY Z Discussion Mtg Date 08108116 F-1 Motion Mtg Date Z Resolution Mtg Date 8119116 ❑ Ordinance Mtg Date ❑ Bid Award Mtg Date F-1 Public Hearing Mtg Date 0 ti 0 ) er Mtg Date SPONSOR ❑ Council Z Major [:] HR ❑ DCD E].Finance ❑ Eire ❑ TS ❑ P&R ❑ Police ❑ PW SPONSOR'S Earlier this summer, the Port of Seattle announced it would make available to all King SUMM'\RY County cities and towns, with the exception of Seattle, funds for economic development activities. Funds are available to each city and town based on a per capita basis. The City of Tukwila is eligible to receive $19,300 from the Port of Seattle. Staff would like to use the funds to update the City's business recruitment collateral. Rj,1XJEWI--,D BY ❑ cow Mtg- r-1 CA&P Cmte ❑ F&S Cmte ❑ Transportation Cmte F-1 Utilities Cmte ❑ Arts Comm. ❑ Parks Comm. ❑ Planning Comm. DATE: N/A COMMITTEE CHAIR: N/A RECOMMENDATIONS: SPONsoR/ADMIN. Mayor's Office, Economic Development COMM1171.�E No Committee, straight to C.O.W. and then Regular Consent COST IMPACT / FUND SOURCE AMOUNT BUDGETED APPROPRIATION REQUIRED $24,125 $4,825 $19,300 Fund Source: FUNDS WILL COME FROM THE PORT OF SEATTLE ($19,300) AND ECONOMIC DEVELOPMENT ($4,825). Comments: The City will be receiving $19,300 from the Port of Seattle through a grant. MTG. DATE RECORD OF COUNCIL ACTION 08/08/16 MTG. DATE ATTACHMENTS 08/08/16 Informational Memorandum, dated 08/02/16 Port of Seattle Guidelines Draft Resolution 8/15/16 2 City of Tukwila Allan Ekberg, Mayor TO: Committee of the Whole FROM: Brandon J. Miles, Business Relations Manager CC: Mayor Ekberg DATE: August 2, 2016 SUBJECT: Port of Seattle Economic Development Partnership Grant ISSUE City Council Resolution expressing gratitude to the Port of Seattle for marketing grant funds available to the City and supporting Administration's efforts to secure the grant funds. BACKGROUND Earlier this summer, the Port of Seattle announced it would make available to 38 King County cities' and towns funds for economic development activities. Funds are available to each city and town based on a per capita basis. The City of Tukwila is eligible to receive $19,300 from the Port of Seattle. Attachment "A" outlines the allowable use of funds for the grant. The funds must be expended by May of 2017. Staff has identified using the Port's fund on its efforts to update its business recruitment materials. Specifically, the City would like to use the funds for: • The creation of marketing collateral, such as a folder and one -page inserts, to be used when promoting the City to prospective businesses; • Obtaining useful demographic data and information on consumers which would assist in marketing the City to prospective businesses; and • Updating the Economic Development page of the City's website with information about the City, including data of interest to prospective businesses. The City is required to provide a 50% match, which can include both expenditures and staff time. The required match can be met within the existing economic development budget. FINANCIAL IMPACT Expenditures under this item would be covered by existing general fund budget and grant revenue. Since this grant was not included in the adopted 2015/2016 budget a budget amendment may be needed later this year RECOMMENDATION Refer the Resolution to the August 15, 2016 Consent Agenda for approval. ATTACHMENTS • Port of Seattle Grant Guidelines • Draft Resolution ' The City of Seattle is not eligible to receive funding. 3 El Port of Seattle Economic Development Partnership Program The Port of Seattle is establishing a cooperative economic development fund for King County cities that advances the Port's Century Agenda, promotes the creation of middle class jobs, and supports local community economic development activities. The matching grant program fosters effective economic development partnerships that stimulate region -wide prosperity. Eligible Activities: • Business recruitment initiatives designed to attract new companies to King County • Small business development, including disadvantaged business assistance projects • Industry retention and expansion assistance (ex. Maritime, Aerospace, etc.) • Tourism development including collateral, advertising, and publications to attract destination visitors to increase tourism expenditures • Downtown revitalization • Commercial or industrial property development • Other community or economic development projects that tie to Port business interests* Program Guidelines: • The awards are available to 38 cities in King County, based on $1 per capita formula. • Awards are capped at $65,000 with a minimum of $5,000 for small cities. • A 50 percent local match and a resolution of support /priority from the local jurisdiction is required. • Funds cannot be used in capital projects. • Cities may contract with local non - profits to deliver projects or manage initiatives. • Cities may collaborate or aggregate regionally to enhance impact or outcomes. • Projects should align with city's economic development strategy and support the Port's Century Agenda or business interests. • Specific deliverables and costs must be identified and documented. • Port funds will be released on a cost reimbursement basis with documentation. • Cities are strongly encouraged to discuss proposed projects /uses of funds with Port of Seattle staff early in concept. The Port will accept applications during July and August 2016. All projects must have approval and be under contract no later than mid - September. Questions or further detail, contact: Susan Chamberlain at Chamberlain.s( ga-eattle.org * Port business interests tie to the health of aviation, maritime /logistics, manufacturing and construction /trades c lusters. Tourism is another important industry to the Port. Page 1 of 1 5 N A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, SUPPORTING THE CITY'S EFFORTS TO OBTAIN ECONOMIC DEVELOPMENT FUNDING FROM THE PORT OF SEATTLE. WHEREAS, the Port of Seattle has authorized a new Economic Development Partnership Program to support economic development activities being performed by King County cities and towns; and WHEREAS, more than $962,000 in matching funds is available to King County cities and towns, with $19,300 in funds being designated for the City of Tukwila; and WHEREAS, the City of Tukwila desires to use the funds in its efforts to attract prospective businesses and promote the City; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: Section 1. The City Council of the City of Tukwila expresses its gratitude and appreciation to the Port of Seattle for providing nearly $1 million in funding to King County cities and towns for economic development activities. Section 2. The City Council supports City Administration's efforts to secure $19,300 in funding from the Port of Seattle to be used to attract prospective businesses and promote the City. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of )2016. ATTEST/AUTH E NTI CATE D: Christy O'Flaherty, MMC, City Clerk Joe Duffie, Council President APPROVED AS TO FORM BY: Filed with the City Clerk: Passed by the City Council: Resolution Number: Rachel B. Turpin, City Attorney WAWord Processing\Resolutions\Support for Port of Seattle grant funding B-2-16 BM:bjs Page 1 of 1