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HomeMy WebLinkAboutCDN 2019-05-14 Item 2E - Grant Application - Port of Seattle Grant for Economic Development WorkCity of Tukwila Allan Ekberg, Mayor INFORMATIONAL MEMORANDUM TO: Community Development and Neighborhoods FROM: Derek Speck, Economic Development Administrator CC: Mayor Ekberg DATE: May 8, 2019 SUBJECT: Port of Seattle Grant Application ISSUE Staff would like to brief the Committee on plans to apply for a grant from the Port of Seattle for economic development work. BACKGROUND The Port of Seattle is accepting applications for their 2019 Economic Development Partnership Grant Program. Funds are based on city populations. For 2019 Tukwila is eligible to receive up to $19,800. The Port requires the applicant to provide matching funds of at least 50% of the grant. Of the matching funds, up to half can be met through in -kind resources. DISCUSSION Staff plans to apply for the full $19,800 of which $7,000 would be used for a business recruitment website and the rest would be used to create an economic development plan. Business Recruitment Website: This is a project being led by the City of Kent in partnership with the Cities of Auburn, Pacific, Renton, and Tukwila. Kent has hired Barokas Communications to provide messaging and media relations and The Medium to provide a website. Messaging will position the Kent Valley as a center for aerospace and advanced manufacturing technologies. The website would cost approximately $40,000 which includes Tukwila's $7,000 contribution. The City of Kent is investing over $100,000 of additional funds for developing the communications messages that would be used on the website and implementing a public and media relations plan. Economic Development Plan: City staff is currently working on an economic development plan for Council consideration later this year. We currently have two, part-time interns gathering information and conducting research. At some point we will begin conducting outreach to businesses, residents and other stakeholders. The Port grant would enable the City to conduct additional research, perform more business and resident outreach, and purchase information or hire consultants, if needed. A more detailed description is in the attached draft application. The Port is providing a very good opportunity to accomplish more than we are currently able to do. Staff is bringing this item to CDN as information so that the Council is aware of these projects and in the event there needs to be a future budget adjustment to reflect the grant. 87 INFORMATIONAL MEMO Page 2 FINANCIAL IMPACT The Port grant would be additional revenue that would cover the additional costs. The City's matching funds are already included in the Economic Development Division's budget and planned to be spent on the economic development plan and so there would be no net effect on the City's financial position. However, the grant was not included in the 2019 budget and so a budget adjustment for the $19,800 of revenues and expenses may be necessary. RECOMMENDATION Discussion only. ATTACHMENTS 2019 Economic Development Partnership Program Draft Application 88 Z:\Council Agenda Items \Mayors OfficeTod of Seattle Grant Application\ InfoMemo Port Grant.doc Port of Seattle' Port of Seattle Century Agenda 2019 Economic Development Partnership Program City Application City: Federal Tax Number: Contact Name: Title: Telephone: Email: Address: City, State, Zip: Alternate Contact: Alternate Telephone: Alternate Email: City of Tukwila Derek Speck Economic Development Administrator Declaration: I HEREBY CERTIFY THAT THE INFORMATION GIVEN IN THIS APPLICATION TO THE PORT OF SEATTLE IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE. Signature of Responsible Official: Print or Type Name and Title: Date: Submit application via email to: edpartnership@portseattle.orq Page 1 of 8 Application Template for Funding 2019 Port of Seattle Economic Development Partnership Program 89 Port nfSeattle Economic Development Partnership Program ZOl9Funding Application The Port of Seattle Economic Development Partnership Program is an annual, cooperative economic development program to help fund local economic development initiatives across Ring County. How much funding isavailable? Based on G per capita calculation, King County cities (except Seattle) may each receive between 85.UD0and $O5.OUObased onthe city'Spopulation. The maximum grant allocation for each city, with populations between 5,000 and 65,000 people, is based OO one dollar per resident. Population estimates are determined bythe VVa3hingtnn State Office of Financial Manaqement, which publishes population estimates each year. The Port VSe3 the most recent population estimates at the start of the grant cycle. Cities with populations numbering less than 5.00Opeople are eligible toreceive grant funds uptn$5.00O and cities with populations numbering more than O5.00Opeople are eligible tVreceive grant funding up to $65.000. See Appendix Afor eligible award amounts. Grant funds require a 50 percent match of dollars or in -kind resources, In -kind resources can only be used for up to 25 percent of the grant award amount, For exannp|e, a grant request for $50.000 in Port funds vvOu|d require the city to commit $25.000 in matching dollars and/or in - kind resources. Of that $25,000, up to $12,500 of in -kind resources could beapplied toward the match requirement, How may the funds be used? Eligible Activities Port ofSeattle funds must be used on projectsto benefit snngU and emerging businesses, create ]Obs, foster business growth, Orsupport the Port ofSeattle business interests. Uses may include: ° 8nomU business development (including incubator/accelerator projects) ° Business recruitment initiatives designed to attract new companies to a region or city w Industry retention and assistance service delivery or projects (e.g. workforce development) * Tourism development * Downtown revitalization w Commercial orindustrial property development • Other community 0reconomic development projects th@tsuppnrtnevvinVestnlentond job creation Ineligible Activities * Capital projects indudiO8p jeCt3tocOn8tnuct either new facilities o[make significant, long-term improvements to existing facilities. • Underwriting general or capital expenses associated with an event or program already in progress. * Any project that would violate federal, state Or local laws. * Any project thotvvou|dfaUoutsidenfthe8uthohzedactivitie3thotPOrtscanfuOdor engagein. Page 2of8 Application Template for Funding 2010Port ofSeattle Economic Development parineohipProgram 90 Port of Seattle Economic Development Partnership Program 2019 Funding Application The Port of Seattle recommends applicant cities meet with Port of Seattle staff before submitting the Economic Development Partnership Program applications. How are projects evaluated and what are the reporting requirements? Once the program application is approved, the Port will enter into a contract with the city that defines the terms of the funds. The project budget and project scope of work from the application are used in the agreement between the Port of Seattle and each participating city. At the close of the project, applicants are required to fill out a final report on the effectiveness of the project and submit invoices for final payment. All 2019 projects, invoices, and reporting associated with the projects must be submitted electronically to the Port of Seattle by 12:00 pm on November 1, 2019. All associated grant material can be emailed to edpartnershipportseattle.orq. The Port recommends submitting materials before the deadline. The Port of Seattle monetary contribution cannot exceed the predetermined amount, even if the project's actual cost increases above the project budget. If actual project costs in any budget category deviate more than 10 percent of the total Port contribution to the project, then please contact the Port of Seattle. The applicant city will need to document any budget changes in the Project Final Report. Page 3 of 8 2019 Application for Funding • Port of Seattle ED Partnership Program 91 Port of Seattle Economic Development Partnership Program 2019 Funding Application Project Description and Budget 1. Project Description: Summarize the project(s) you plan to support through the economic development partnership program. Include a brief description of the goal(s) and/ or issues to be addressed with each project. Economic Development Plan: The City of Tukwila does not currently have an economic development plan and has been a project the City has desired for a number of years. We started working on the plan in early 2019 with a goal of completing it this year, The City has hired two interns who have been conducting research and gathering data. The Port funding would enable the City to extend the work of the interns to do more and better research plus more and better community engagement, particularly outreach to the business community As the City begins receiving input and feedback during the engagement process, the need for additional information or expertise may arise and the City would use Port funding for purchasing the additional information or contracting with consultants. The funding would also be used to ensure the final economic development plan is an attractive, engaging document that businesses and government will want to use for guiding policy and attracting additional development to the City. Marketing and Media Messaging, Business Recruitment Website: The Cities of Auburn, Kent, Pacific, Renton and Tukwila are pursuing development of a shared business recruitment website to supply businesses and/or investors seeking real estate with information (supplied with a GIS web tool), or those reading Kent Valley storylines (Boeing Space Center property for sale, satellite manufacturer moves to Auburn or Tukwila, Blue Origin expands its HQ presence, etc.) in business publications to have a place to learn more. This website will complement a proactive marketing strategy which aims to position Kent Valley as a premier business destination based on its rich history and ongoing legacy as a center for aerospace innovation and advanced manufacturing technologies. Neighboring jurisdictions are choosing to participate financially in this effort. Please see the City of Kent's grant application. The City of Tukwila would like to contribute $7, 000 of its Port grant to the joint marketing effort. 2. Project Scope of Work: Outline project components, goal, desired outcomes and timelines using the table below (attach additional information if necessary): 4.00,40,040' 44P+v,4i411 #11111 0041104 ;A111111111 Economic Developmen Plan Ivrottiollith11104 To help City of Tukwila ensure it is on a path to maintain and grow a healthy economy Report summarizing survey findings of existing businesses and Outreach competed by August 2019 Report finished by October 11:11416 , 1,111',140 Report with findings outlining strengths and weaknesses of business climate Number of businesses Page 4 of 8 92 2019 Application for Funding Port of Seattle ED Partnership Program Wemite Targeting: Site Gn|ectoru, Business Reomhmmnt, Real Estate Investors, Development Community Port OfSeattle Economic Development Partnership Program Z019Funding Application F— /* To engage the local business community ' and residents � | and build consensus on the Chv'S economic goals To attract additional development by providing the business community certainty of the City'S vision * List of businesses contacted and engaged Adopted economic development plan participate in � survey _ .,. 41 Aaacenter of ° | aerospace innovation, '} with hundreds of established and | emerging companies, Kent Valley needs a centralized economic recruitment website. ` loed in partnership with the . Cities of Auburn,. ] Pacific, Renton and ��\|�` �e'��mN|«` Tukwila, fserve asan | information hub to ( promote|regionto�' siteselectors,' -�m I estate investors and i companies looking 10 � llocate, mrelocate to ( ithe|area. / Besides ' information about Kent ' amenities, demographic �data, andworkforce, the specialized l sit | � _--will providea window to innovatorsKent Valley's | their,. � ° An available real estate \\ directory i.e. � '0{@SVVebtech | � toshowcaoo Kent Valley opportunities ° Abunineno directory, / utilizing business license data, Vo illustrate the high number of innovative cnmpan/eo, and their specialized talent base, � located inKent � Valley. • Site Website targeting to U�-=~—live —July 2019 w A sustained rmarketing effort will direct target audiences 1othe site, compelling businesses/investors Volearn more about Kent Valley where current|y, no central repository of information exists. 0 Goog|oAna|>4icxwill beutilized \otrack visitor behavior, Puge5nf8 20YSApplication for Funding - Port ofSeattle BJPartnership Program 93 Port of Seattle Economic Development Partnership Program 2019 Funding Application on WordPress platform. Site optimized for desktop, tablet, and mobile devices SEO plugin and setup with specified keywords • Google Analytics installation Connection to Port of Seattle interests: Explain how your project benefits the Port of Seattle and ties to the Port's business interests? Economic Development Plan: A strong economic development plan that is based on quality information and community engagement can provide the community consensus needed to ensure the City continues to have a strong economy which reinforces the regional economy and business at the Port. Business Recruitment Website/Marketing: This Kent Valley sub -regional messaging can help consolidate an industrial storyline of mutual benefit to these municipalities and be a building block to the greater Seattle innovation narrative, Improving the messaging and providing information can retain and attract additional business and development to the Kent Valley and business at the Port. *Port business interests tie closely to the health of aviation, maritime/logistics, manufacturing, and construction/trades clusters. Tourism is another important industry to the Port. 4. Project Budget: Identify each project budget category, total funds (including the monetary value of in -kind resources), Port of Seattle funds and City monetary and in -kind matching funds. Include the total funds from each column in the second to last row. Include the percentage contributions to the Port of Seattle's contribution in the last row. Page 6 of 8 2019 Application for Funding r Port of Seattle ED Partnership Program 94 Port of Seattle Economic Development Partnership Program 2019 Funding Application 4,4.10104 Business Recruitment/Marketing Website $7,000 $0 $0 $7,000 (Paid to City of Kent) Economic Development Plan: $2,000 $0 $0 $2,000 Services (facility rental, mailing, etc.) Economic Development Plan: $8,000 $5,000 Interns Economic Development Plan: $0 $0 $5,000 Staffing Economic Development Plan: $2,800 $200 $ Information, consultants, other (TBD) Total Funds: $19,800 $5,200 $5,000 $30,000 Percentage contribution to 100% 26% 25% $13,000 Port Funds*: $5,100 $2,900 *City monetary and in -kind matching funds must add up to at least 50% of the Port of Seattle's total contribution. 5. Collaboration with partners : Please identify any community organizations (chamber of commerce, neighborhood associations, Small Business Development Centers, SCORE, Greater Seattle Partners, etc.) you plan to work with to complete all or part of your project(s)? We would seek assistance from the Seattle Southside Chamber of Commerce to engage local businesses in providing input and feedback on the economic development plan. This could include informing the businesses of the opportunity to participate, help coordinating and staffing business outreach events, or other ways to reach the businesses. We would seek input from the SBDC at Highline College on the needs of our local small businesses. 6. Use of consultants or contractors: If you plan to use consultants or contractors to complete all or part of the project, please identify the firm or type of firm you plan to hire for this project. We have hired interns who have started working on the project. We would use the Port funding to continue the interns longer than originally expected. We will engage the community as we develop the Plan and may identify additional needs to purchase information hire consultants but we don't have that work identified at this time. It is possible we would hire a firm such as BERK, Community Attributes, or EcoNorthwest. Page 7 of 8 2019 Application for Funding Pod of Seattle ED Partnership Program 95 Port nfSeattle Economic Development Partnership Program 1019Funding Application Appendix A: Maximum Grant Award Amounts by City City 201SAward Amounts Algona $ 5.000 Auburn (part) $ 65.000 Beaux Arts Village $ 5.000 Bellevue $ 65.000 Black Diamond $ 5.000 BotheU(part) $ 27.440 Buhen $ 51.850 Carnation $ 5.000 Clyde Hill $ 5.000 Covington $ 20.080 Des Moines $ 31.140 Duvall $ 7.655 Enumclaw /parh G 11.560 Federal Way $ 65'000 Hunts Point $ 5.000 Issaquah $ 57'110 ' Kenmore $ 22.920 Kent $ 05.000 Kirkland $ 65.000 Lake Forest Park $ 13.080 Maple Valley $ 25.280 Medina $ 5.000 Mercer Island $ 24.270 Milton (part) $ 5'000 Newcastle $ 12.410 Normandy Park $ 0.595 North Bend $ 0.825 PaCifiC(pgrt) $ 6.875 Redmond $ 64.050 | .Renton $ 65.000 OgnnrnGn1iSh $ 83.470 OeaTac $ 29.130 Shoreline $ 55.730 |Skykonnish $ 5.000 8nVqu8|mie $ 15.450 Tukwila $ 19.800 Woodinville $ 11.830 Yarrow Point $ 5.000 Page 8 of 8 96 2019Applicatioo forFundiny-port of Seattle EDPartnership Program