HomeMy WebLinkAboutPasco Specialty Kitchen with the DPDA MEMORANDUM OF AGREEMENT
COMMERCIAL KITCHEN BUSINESS INCUBATOR
PROGRAM YEAR 2012
A MEMORANDUM OF AGREEMENT BETWEEN THE CITY OF PASCO AND THE
DOWNTOWN PASCO DEVELOPMENT AUTHORITY REGARDING THE USE OF CDBG
GRANT FUNDS FOR THE OPERATION OF A COMMERCIAL KITCHEN BUSINESS
INCUBATOR LOCATED AT 110 SOUTH FOURTH AVENUE IN THE CITY OF PASCO,
WASHINGTON.
WHEREAS, the use of the Commercial Kitchen Business Incubator in the downtown assists
in the revitalization of the area and create new job opportunities; and
WHEREAS, the Downtown Pasco Development Authority currently operates the
Commercial Kitchen Business Incubator; and
WHEREAS, the Community Development Block Grant Program Year 2012 Annual Action
Plan awards an estimated $50,000 in CDBG funds to the Downtown Pasco Development Authority
(DPDA) to be used for the operation of the commercial kitchen business incubator in the downtown,
NOW, THEREFORE,
THE CITY OF PASCO AND DOWNTOWN PASCO DEVELOPMENT AUTHORITY
MUTUALLY AGREE AS FOLLOWS:
1. The Downtown Pasco Development Authority will manage the commercial kitchen business
incubator on behalf of the City, which will retain ownership of the property, and invoice in
12 monthly increments not to exceed the award amount. If the actual award from HUD is less
than estimated and allocations are reduced, any amount over the actual allocation in the
subrecipient agreement must be repaid.
2. The specific terms of the Commercial Kitchen Business Incubator Management Agreement
will be mutually agreed upon by the Pasco City Council and Downtown Pasco Development
Authority Board of Directors.
3. The City and Downtown Pasco Development Authority agree to comply with all terms and
conditions of the U.S. Department of Housing and Urban Development laws and regulations
incorporated by reference (24 CFR 570) for Community Development Block Grant
Entitlements (CFDA 14.218).
CITY OF PASCO DOWNTOWN PASCO
DEVELOPMENT AUTHORITY
kick White, Director Michael A. Miller, President
Community & Economic Development Downtown Pasco Development Authority
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