Grand Rapids
Michigan

GR Agenda Item

Resolution approving and authorizing execution of a Memorandum of Understanding with West Michigan Center Arts and Technology

Information

Department:Economic Development StaffSponsors:
Category:Agenda Action Request

Attachments

  1. Item Description
  2. WMCAT MOU

Content A

Attached is a resolution approving and authorizing execution of a Memorandum of Understanding with West Michigan Center for Arts and Technology (WMCAT) in an amount not to exceed $300,000 (the “MOU”).

 

The SmartZoneSM Local Development Finance Authority (LDFA) received WMCAT’s original proposal in response to a Request for Proposals (RFP).  On December 8, 2017, the SmartZoneSM LDFA reserved $500,000 for a revised proposal for talent initiatives from Grand Circus, Grand Rapids Public Schools, and WMCAT.  It was anticipated that these entities might submit a joint proposal; however, three separate proposals were resubmitted.  On March 16, 2018, the SmartZoneSM LDFA requested WMCAT provide additional details and a revised budget for the activities related to the West Michigan Cyber Security Consortium (WMCSC)

 

On May 18, 2018, the SmartZoneSM LDFA approved funding for a proposal from WMCAT to implement a Michigan Cyber Range Hub and support the work of WMCSC (the “Services”).  The SmartZoneSM LDFA support would also provide a portion of the local match to an award WMCAT received from the Michigan Economic Development Corporation for the initial start-up costs of the Cyber Range Hub.  The term of the MOU will be for three years, commencing on July 1, 2018.

 

To facilitate SmartZoneSM LDFA funding for the Services, staff recommend approving and authorizing execution of the attached MOU between the SmartZoneSM LDFA and WMCAT.

 

KLW/em

 

Attachments

Content C

CITY OF GRAND RAPIDS SMARTZONESM

LOCAL DEVELOPMENT FINANCE AUTHORITY

 

RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF A MEMORANDUM OF UNDERSTANDING WITH WEST MICHIGAN CENTER ARTS AND TECHNOLOGY

 

              Boardmember                     , supported by Boardmember                     , moved the adoption of the following resolution:

 

              WHEREAS:

 

1.     The City of Grand Rapids SmartZoneSM Local Development Finance Authority (the “SmartZoneSM LDFA”) pursuant to the provisions of Act 281 of the Public Acts of Michigan of 1986, as amended (“Act 281”), and its Development Plan and Tax Increment Financing Plan (the “Plans”) seeks to showcase the benefits of the Grand Rapids SmartZoneSM Certified Technology Park (as identified in the Plans) as a location for high technology businesses (as defined in Act 281); and

 

2.     The West Michigan Center for Arts and Technology (“WMCAT”) has significant background and experience serving as a catalyst in support of efforts and activities related to diversity and inclusion, network creation, and invitation and engagement of persons new to the entrepreneurial ecosystem; and

 

3.     WMCAT is willing to provide certain services to the SmartZoneSM LDFA consistent with its Plans throughout the Grand Rapids SmartZoneSM District (as identified in the Plans) pursuant to the terms and conditions of a Memorandum of Understanding between the SmartZoneSM LDFA  and WMCAT (the “MOU”); therefore

 

              RESOLVED:

 

1.     That the MOU between the SmartZoneSM LDFA and WMCAT substantially in the form presented at this meeting is approved with such modifications not materially adverse to the SmartZoneSM LDFA, approved as to content by the SmartZoneSM LDFA’s Executive Director and as to form by the SmartZoneSM LDFA’s legal counsel; and

 

2.     That the Chairperson of the Board of Directors of the SmartZoneSM LDFA is authorized and directed to execute the approved MOU for and on behalf of the SmartZoneSM LDFA; and

 

3.     That all resolutions and parts of resolutions insofar as they conflict with the provisions of this resolution be and the same are hereby rescinded.

 

 

 

YEAS:              Boardmembers                                                                                                                              

 

NAYS:              Boardmembers                                                                                                   _____                           

 

ABSTAIN:              Boardmembers                                                                                                                              

 

ABSENT:              Boardmembers                                                                                                                              

 

 

RESOLUTION DECLARED ADOPTED.

 

 

Dated:  June 15, 2018                                                                                                                                           

                                                                                                  Jerry Callahan, Secretary

 

 

CERTIFICATION

 

              I, the undersigned duly qualified and acting Secretary of the City of Grand Rapids SmartZoneSM Local Development Finance Authority (the “SmartZoneSM LDFA”), do hereby certify that the foregoing is a true and complete copy of a resolution adopted by the Board of Directors of the SmartZoneSM LDFA at a meeting held on June 15, 2018, and that public notice of said meeting was given pursuant to, and in accordance with, Act 267 of the Public Acts of Michigan of 1976, as amended.

 

 

Dated:  June 15, 2018                                                                                                                                           

                                                                                                  Jerry Callahan, Secretary