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Economic Development Grant Agreement City of Salina Economic Development Grant Offer and Agreement Offer This Grant Offer and Agreement entered into on the ''30 day of November, 2006 is made by and between the City of Salina, Kansas, 300 West Ash Street, Salina, KS, (the "City") and Raytheon Aircraft Company, whose address is 2656 Scanlan, (the "Grantee"). WHEREAS, the Grantee has submitted to the City an application for grant of City economic development sales tax funds for facility improvements and major equipment purchases for the addition of primary industrial jobs; and WHEREAS, the City's Salina Economic Development Incentives Council (SEDIC) reviewed Grantee's application and recommended to the Salina City Commission the granting of$130,000 in City economic development sales tax funds for Grantee's project; and WHEREAS, on August 7, 2006, the Salina City Commission approved the expenditure of$130,000 as an economic development grant for Grantee's project consisting of the following: Building No. 626 modifications and the purchase oftools and equipment (the "Project"). The Project is described in more detail in the attached application letter submitted by Grantee, Excerpt of Minutes and copy of Resolution Number 05-6220. NOW THEREFORE, in accordance with Resolution #05-6220 and pursuant to the City's budget and appropriation authority, in consideration of the Grantee's acceptance of this offer and the benefits to accrue to the City and the public from the accomplishment of the Project and compliance with the assurances and conditions as herein provided, the City hereby offers and agrees to pay $130,000 as the City's share of allowable costs incurred in accomplishing the Project. This offer is made on and subject to the following terms and conditions: Conditions 1. The maximum obligation ofthe City under this Offer shall be $130,000. 2. Payment of the City's share ofthe allowable project costs as detailed in the Grantee's attached application will be made pursuant to paid invoices submitted to the City by Grantee. Grantee may request multiple drawdowns of grant funds. Grantee shall request Salina Airport Authority certification as to the completion or percentage of completion of Building No. 626 modifications. The Grantee will also request Salina Airport Authority certification that eligible tools and equipment have been delivered and are at Grantee's leasehold premises. 3. The Project shall be complete within twelve (12) calendar months from the execution date of the agreement. 4. Grantee shall use every reasonable effort to meet the job creation estimate provided to the SEDIC on July 26, 2006. 5. Grantee agrees to maintain all insurance coverages as required in its March 1, 1987 Lease Agreement, including all amendments with the Salina Airport Authority and continue to name the Salina Airport Authority and City of Salina as named co-insurers. 6. The official contact for the City is: Lieu Ann Elsey City Clerk 300 West Ash, P.O. Box 736 Salina, KS 67401 785-309-5735 (0) 785-309-5738 (F) LieuAnn.Elsey@Salina.org 7. The official contact for the Grantee is: Mike Hammond Director RAC Salina Division Raytheon Aircraft Company Plant #1 9709 East Central, P.O. Box 85 Wichita, KS 67201-0085 785-452-0342 mike hammond@rac.ray.com The Grantee's acceptance of this offer, ratification and adoption ofthe project application incorporated herein shall be evidenced by execution of this agreement by the Grantee, and the offer and agreement shall comprise a Grant Agreement. Such Grant Agreement shall become effective upon the Grantee's acceptance of the offer. By: CilYOfSalinaa 4 ~. C/_ J!son A. Gage City Manager By: 2 Acceptance The Grantee does hereby ratify and adopt all assurances, statements, representations, warranties, covenants and agreements contained in the project application letter and incorporated materials referred to in the foregoing Offer, does hereby accept the Offer, and by such acceptance agrees to comply with all ofthe terms and conditions in the Offer and in the project application letter. Executed this'30 day of November, 2006. Raytheon Aircraft Company .. ~~ - (name) (title) 3 To: Timothy F. Rogers, A.A.E. Executive Director The purpose of this letter is to elaborate on the meeting we had several weeks ago and to respond to your letter dated May 31, 2006. In your letter, you mention the Salina Economic Development Council has funds available to help Raytheon Aircraft Company move work to Salina. The decision to move work has been made and by the end of July twenty (20) new jobs will be in Salina. The issue we now face as a company is that we need to move additional work quickly. The quicker we can move wor~ and our ability to do it cost effectively will be the driving factors for additional work in Salina. I would be glad to discuss that in person with you or the council. Below I have briefly described the items and amount of money we believe we need to move additional jobs to Salina by year end. That added to the twenty (20) that are currently moving would put the Salina Operation's work force at a level above what it was before the Plastic business was sold and moved from Salina. Our current plan is to move a sub-assembly operation back into Building 626 and expand operations within our current manufacturing buildings. This move would allow for the space necessary to handle the additional jobs, as well as future growth. The issue is that most of the space within these buildings has been used for storage for four (4) years and needs to be updated. A new compressor is necessary at a cost of $60,000. Offices, reslrooms, employee break area and to bring the building up to current safety requirements will cost $70,000. Tools and equipment for new employees will cost $35,000. Movement of machines and tools from Wichita will cost $50,000. Capital investment in transportation tools and dollies for assemblies to be transported to Wichita $70,000. I would be happy to discuss these plans and the associated cost in person if necessary. 07/14/06 Facility Improvements/Modifications required due to increase in headcountlworkroad for the Raytheon Aircraft Facility SaUna Division. Compressor $51,192.00 -- 8626 Restroom Restoration Mens and Ladies $59,966.00 8626 Floor repair $10,398.00 8626, 655, 614, 713 Office restoration $3,137.00 8655,626 8655,626 Heating/Cooling $35,051.00 Repair lower roof 8626 $22,541.00 8626 Electrical $11,345.00 Overhead Crane 8713 $77,691.00 8626,655,614 8713 Tooling Dept. insulation $16,488.00 for occupancy 8713 Facility Overhead Door ~eplacement $49,706.00 Steel Siding "Nil end 626 $51,656.00 Insulation and windows "Energy" Cons. 8626,713,723 Steel Doors $30,874.00 w/ panic hardware Steel siding and $73,941 Insulation Facility 8655 EXCERPT OF MINUTES Salina Economic Development Incentives Council July 26, 2006 3:00 p.m. 3. Action Items a. Request for facility improvements/major equipment funding from Raytheon Aircraft Company. MOTION: Moved by Marrs, seconded by Britegam, to recess into executive session for five minutes to discuss with the City Attorney a matter subject to the attorney-client privilege for the reason that public discussion of the matter would waive the privilege. Aye: (6). Nay: (0). Motion carried. The Council recessed into executive session at 2:12 p.m. and reconvened at 2:17 p.m. MOTION: Moved by Divine, seconded by White, to authorize the Council to enter into a Proprietary Information Agreement between Raytheon Aircraft Company and authorize each Council member to sign such agreement. Aye: (6). Nay: (0). Motion carried. Jason Gage, City Manager, explained the request and the Council's role. Mr. Gage and Tim Rogers, Salina Airport Authority Executive Director also informed the Council of the use of an executive session to discuss confidential data relating to financial affairs or trade secrets of the corporation. MOTION: Moved by Britegam, seconded by White, to recess into executive session for 20 minutes to discuss confidential data relating to financial affairs or trade secrets of the corporation. Aye: (6). Nay: (0). Motion carried. The Council recessed into executive session at 2:25 p.m. and reconvened at 2:45 p.m. MOTION: Moved by Divine, seconded by White, to recess into the current executive session for an additional five minutes. Aye: (6). Nay: (0). Motion carried. The Council recessed into executive session at 2:45 p.m. and reconvened at 2:48 p.m. Mr. Gage summarized the City of Salina resolution outlining the Council's role. Mayor Marrs also outlined the funding request for the Council. MOTION: Moved by Britegam, seconded by Walle, to recommend that the Council forward the request to the City Commission for approval of the request to provide a facility improvement / major equipment funding match to Raytheon Aircraft Company in an amount not to exceed $130,000. Aye: (6). Nay: (0). Motion carried. Commission Action # CITY OF SALINA, KANSAS REGULAR MEETING OF THE BOARD OF COMMISSIONERS August 7,2006 4:00 p.m. The City Commission convened at 2:30 p.m. in a Study Session on the 2007 Budget - Sales Tax and Health Clinic. The Regular Meeting of the Board of Commissioners was called to order at 4:00 p.m. in Room 107, City- County Building. A roll call was taken followed by the Pledge of Allegiance_and a moment of silence. There were present: Mayor Donnie D. Marrs, Chairman presiding; Commissioner Alan E. Jilka; Commissioner R. Abner Perney; Commissioner John K. Vanier II comprising a quorum of the Board, also present: Jason A. Gage, City Manager; Greg Bengtson, City Attorney; Lieu Ann Elsey, City Clerk Absent: Commissioner Deborah P. Divine ADMINISTRATION (8.6) Consideration of a funding request from Raytheon Aircraft Company for facility improvements and major equipment. Jason Gage, City Manager, explained the request. Mayor Marrs noted the Salina Economic Development Incentives Council's recommendation. Tim Rogers, Salina Airport Authority Executive Director, responded to Commissioner Vanier's question regarding the disposition of the company. Mr. Gage then noted the resolution that created the council and guidelines of approving the request. 06-7315 Moved by Commissioner Vanier, seconded by Commissioner Jilka, to approve the request to provide a facility improvement / major equipment funding match to Raytheon Aircraft in an amount not to exceed $130,000. Aye: (4). Nay: (0). Motion carried. ADJOURNMENT 06-7320 Moved by Commissioner Jilka, seconded by Commissioner Vanier, that the Regular Meeting of the Board of Commissioners be adjourned. Aye: (4). Nay: (0). Motion carried. The meeting adjourned at 5:31 p.m. /s! Donnie D. Marrs Donnie D. Marrs, Mayor [SEAL] ATTEST: /s/ Lieu Ann Elsey Lieu Ann Elsey, CMC, City Clerk oregoing IS a true correct excerpt of the action taken by the Governing Body at its regular meeting on the funding request from Rayt eon Aircraft Com any for facility improvements and major Page I ~ ! j I i I I RESOLUTION NUMBER 05-6220 A RESOLUTION ESTABUSlDNG THE SALINA ECONOMIC DEVELOPMENT INCENTIVES COUNCIL. WHEREAS, that in 2004, Salina voters approved a special one-quarter cent (1/. cent) sales tax and 12.5% of the revenues from the special sales tax were restricted to the establislunent of an economic development fund managed by the City of Salina; and WHEREAS, that in October 2004, the City Commission unanimously approved an initiative proposed by the Salina Airport Authority and the Salina Area Chamber of Commerce to provide incentives to new and existing manufacturing and primary businesses; and WHEREAS, that the City Commission formed an ad hoc committee led by the Mayor and Vice Mayor to fw1ber explore the protocol for expending the economic development funds, which then resulted in the establishment of a six member Salina Economic Development Incentives Council. SO NOW THEREFORE, BE IT RESOLVED by the governing body of the City of Salina, Kansas: Section 1. Establishment. That the Salina Economic Development Incentives Council (S.E.D.I.C.) is hereby established. Section 2. Responsibilities. The responsibilities of the S.E.D.I.C. are to: (a) Develop and recommend guidelines, policies and processes to the City Commission for grants from the allocated special sales tax funds for incentives to new and existing manufacturers and primary businesses for the purpose of enticing them to relocate or expand capital and/or human investment in Salina/Saline County in order to provide a stimulus to the local economy; (b) Review applications and make specific recommendations to the City Commission regarding grants from the sales tax; (c) Make recommendations to the City Commission, County Commission and/or local government bodies regarding other public economic development incentives; and (d) Provide regular reports to the City Commission, County Commission, Salina Airport Authority Board of Directors and the Chamber of Commerce Board of Directors regarding economic development projects receiving incentives. Section 3. Membership. The S.E.D.1.C. will be made up of the following persons: (a) Mayor; (b) Saline County Commission Chair; (c) Salina Airport Authority Board Chair; (d) Salina Chamber of Commerce Board Chair; (e) Two citizens appointed by the Mayor and the City Commission; and (t) Citizen appointed by the Saline County Commission The citizens appointed by the City and County shall serve for terms of two years and shall be eligible for reappointment in accordance with Resolution No. 90-4242. Initial city citizen appointments shall be staggered to expire February 2007 and February 2008. Section 4. Organization. The S.E.D.I.C. chair shall be the Mayor and vice-chair shall be the Saline County Commission Chair. Section S. Administration. Administration of the S.E.OJ.C. shall be as follows: <a) Meetings are to be held at least quarterly, and otherwise as needed for related projects, projects, programs and funding applications; (b) Professional staffing for the S.E.D.I.C. to be provided by the City Manager, Airport Authority Executive Director and Chamber of Commerce President; I (c) Administrative/clerical support shall be provided by the Chamber of Commerce; (d) All meetings/records are covered under the Kansas Open Meetings Act and Open Records Act as specified by State law; and ( e) The use of local organizations and other resources is highly encouraged. Section 6. Miscellaneous. Miscellaneous considerations regarding this council are as follows: (8) For purposes of the S.E.D.I.C. "primary business" includes manufacturing, processing, interstate distribution, research, or service sector businesses which derive a minimum of90% of revenue from sources outside Saline County; (b) Sales tax grants are to focus primarily on human capital investment in training and capital investment in plant, property and equipment, with priority given to human capital investment in training. Also, it is important to ensure that existing primary businesses remain eligible for grant funding; and I (c) A program performance review is recommended in the fourth quarter of 2006. This will allow for a full year of operation and provide an opportunity to make any adjustments deemed necessary for the remaining term of the special sales tax funding. Section 7. Effective Date. This resolution shall take effect from and after its adoption. 2005. ^""p"d by "" B""'" or Co=;,","= "'" ';'""~LY or "".1<<, Deborah Divine, Mayor [SEAL] ATTEST: ~Ckd I Section 10. That for the pmpose of providing funds to pay the cost of such improvements until honds can be issued therefore, the Mayor and City Clerk be and they are hereby authorized to proceed with the issuance oftemponuy notes for the City of Salina, Kansas, as provided by K.S.A. 10- 123 and 12-6a04, not to exceed the aggregate provided by law. Such tc:mponuy notes maybe issued by Resolution from time to time as required during the progress of the work on the improvements herein recited. Such temponuy notes shall be in the form and executed as provided by law. Section 11. That the City Clerk is hereby authorized and directed to make progress payments to the contractors for materials furnished and for labor performed under the contract when I estimates therefore are presented to himlher which have been properly certified by the City Engineer, so long as the aggregate payments do not exceed the total contract price. Section U. That the City expects to incur capital expenditures on and after the date of adoption of this Resolution in connection with such iinprovi::l11ents, and intends to reimburse itself for such expenditures with the proceeds of said bonds or temporary notes in an amount which may aggregate a maximum of$553,03 7, including the cost of issuance and interest on temporary financing. Section 13. This resolution shall take effect after its passage and publication once in the official city newspaper. - ....",............ "'" 12. dayOf_~ ~ ~ ". - - . . : {SE;4J.} Deborah Divine, Mayor ATTEST: ~~u, I I noJa- ~ ~ - (l,'rid t 1lm a.tJ1o