HomeMy WebLinkAboutRES.1404.10-05-1998 • ; • .
BILL N0. 98-198 RESOLUTION N0. /`����-I
A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE
A CONTRACT FOR SERVICES WITH THE CAPE
GIRARDEAU AREA INDUSTRIAL RECRUITMENT
ASSOCIATION
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF CAPE GIRARDEAU,
MISSOURI, AS FOLLOWS :
ARTICLE l . The Mayor, for and on behalf of the City of Cape
Girardeau, Missouri, is hereby authorized to execute a Contract for
Services with the Cape Girardeau Area Industrial Recruitment
Association. A copy of said Col�tract is attached to this
Resolution and made a part hereof .
PASSED AND ADOPTED THIS ��r DAY OF ` �� 19�.
��C'�UC'.2: �
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A. . Spradling, III, a or
ATTEST :
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Gayle � . Conrad
Deputy City Clerk '
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CONTRACT FOR SERVICES
This agreement is made and entered into this 5�_ day of
Detober , 1998, by and between the Cape Girardeau Area Industrial
Recruitment Association ("Association") and the City of Cape Girardeau, Missouri
("Founder").
Whereas, Founder is one of a group of Founders wllich have established
Association to provide services to Founder; and
Whereas, the Association has been constituted a general not-for-profit
corporation in the State of Missouri, whose corporate purpose is to actively solicit
business, industry and commerce for the greater Cape Girardeau, Missouri, area; and
Whereas, Founder is to receive the direct and indirect benefit of the activities
and efforts of Association.
Now Therefore, the parties agree as follows:
1. TERM The term of this agreement shall be for three (3.) years
beginning January 1, 1999, and ending December 31, 2001.
2. PAYMENT Founder shall pay to Association the sum of Fifty Seven
Thousand Seven Hundred Fifty Dollars ($57,750) per year for each year of this
agreement payable in ec�ual installments of Fourteen Thousand Four Hundred Thirty-
Seven Dollars and Fifty Cents ($14,437.50) each, payable January l, April 1, July 1
and October 1 of each year during the term of this agreement.
3. SERVICES Association will provide to Founder the direct and indirect
benefit of Association carrying out the stated corporate purposes of Association which
is to solicit and recruit business and commerce to the Cape Girardeau, Missouri, area
through establishinb an office and hiring personnel to pursue industrial recruitment on
a full-time basis as directed by the member of the Board of Directors of Association
made up of individuals elected and appointed by the Founders of the Association.
4. FOUNDER REPRESENTATION Founder shall have the right to select
two (2) of Association's seven {7) member board of directors, which two directors
shall serve staggered terms to be determined in accordance with the bylaws of
Association.
5. ANNUAL REPORTS AssociatioEi will report, not less than
annualiy, to Founder on its recruitment and promotional activities and its financial
transactions including details of receipts and expenditures.
6. AREA PROMOTED Association will promote the abgregate
geographic area represented by all Founders and shall not promote any activity outside
said geographic area without the express unanimous consent of the directors of
Association. The a�grebate geographic area represented by Founders is that area
witliin tlie boundary of Cape Girardeau County, Missouri, and within the cities of
Cape Girardeau, Jackson and Scott City, 1Vlissouri.
7. BOOKS AND R�CORDS All books and records of the Association
prepared and maintained in the course of its operation shall be the property o.f the
Association and except for the annual reporting above provided for the information
contained therein shall be available to Founder and only through Founder's duly
elected or appointed representative(s) to the board of directors of the Association.
8. NON-AG�I�ICY Nothing contained herein shall be construed as an
agency agreement. Association's only relationship with Founder is to provide the
services set out herein and has no authority to, and will not represent itse(f to have
authority to, act on behalf of Founder in any manner except as provided herein.
9. PUBLIC LIABILITY INSURANCE Association agrees to maintain
at all times durin� the term of this agreement, comprehensive public liability insurance
in a responsible insurance company, licensed to do business in the State of Nlissouri,
properly protectin� and indemnifying Founder in an amount of not less than $100,000
for injury or death to any one person; $1,000,000 for injury or death to any two or
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more persons arising out of any one occurrence. Association sha(1 have Founder
designated as an additional insured on such policy of public liability insurance.
10. T�RMINATION Founder shall have the right to terminate this
agreement for any calendar year of the abreement (after tl�e first calendar year) by
giving written notice to Association of its intention to so terminate. The written
notice of termination sl�all be provided Association on or before September 30
preceding the year Founder is to terminate its obligations under this contract.
1N WITNESS WHEREOF, the parties have duly executed this agreement in
duplicate tlle day and year first above written.
CAPE GIRARDEAU AREA INDUSTRIAL RECRUITMENT ASSOCIATION
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C�airman of the Qoard
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Executive Director
CITY OF CAPE GIRARDEAU
May r
ATTEST:
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Depu City Clerk