HomeMy WebLinkAboutRESOLUTIONS-2015-041-R-154/8/2015
41-R-15
A RESOLUTION
Authorizing the City Manager to Negotiate and Execute an
Amendment to the TIF Construction Loan Agreement with the
Evanston North Shore Contractors Cooperative, LLC
WHEREAS, the City Council adopted Ordinance 107-0-11 on January 9,
2012 approving the sale of City owned property located at 1817 Church Street ("Subject
Property") to the Evanston North Shore Contractors Cooperative ("ENSCC") for the
purpose of ENSCC rehabilitating the Subject Property to make it suitable for use as
offices for a home repair and improvement/building trades cooperative (the "Intended
Use"); and
WHEREAS, the City Council adopted Resolution 64-R-11 on January 9,
2012 approving the execution of a TIF Construction Loan Agreement (the "Loan
Agreement") to ENSCC in the amount of Two Hundred Thousand Dollars ($200,000) to
fund, in part, the aforementioned renovations of the Subject Property; and
WHEREAS, ENSCC has completed the renovations to the Subject Property
and the Intended Use outlined in the purchase and sale agreement and the Loan
Agreement is implemented on the first floor of the Subject Property and the second and
third floor has commercial tenants which deviates from the Intended Use; and
WHEREAS, the City Council of the City of Evanston has determined it is
in the best interests of the City to amend the Agreement to permit the lease of the
second and third floor use by including additional responsibilities from ENSCC in the
Loan Agreement to further community goals of mentorship, job training, youth
employment, and apprenticeship programs for individuals seeking experience in trades
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within the cooperative and in consideration the City acknowledges compliance with the
project goals,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: The City Manager is hereby authorized and directed to
negotiate and execute an amendment to the Loan Agreement by and between the City of
Evanston and the ENSCC in conformance with the terms outlined in Section 2 of this
Resolution.
SECTION 2: ENSCC acknowledges and agrees that the terms listed below
will be added to Section III "Borrower's Responsibilities" of the Loan Agreement. Except
for ENSCC's responsibility to pay the Loan and the additional conditions added below,
ENSCC is in compliance with the terms of the Loan Agreement. The additional
requirements by the Borrower to fulfill under Section III of the Loan Agreement will be as
follows:
(a) Mayor's Summer Youth Employment Program: ENSCC agrees to
participate in the Mayor's Summer Youth Employment Program for three
years. ENSCC and staff will develop specific plans for participation by
May 15, 2015 for 2015 and by September 1, 2015 for 2016 and 2017
participation.
(b) ENSCC Apprenticeship Program: Members of the ENSCC will mentor
three (3) Evanston residents in an apprenticeship program for a period
of six months each in the trades practiced by members of the
cooperative through 2017.
(c) Contractors Storage Space: ENSCC will address the need of storage
space for contractors in the community by investigating, identifying, and
advertising available storage space and use best efforts to locate space
in Evanston for resident contractors to store their equipment and
materials for projects at the market rental rate. If ENSCC cannot locate
space in Evanston, it will consult City staff on Evanston locations prior to
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identifying spaces in other communities. ENSCC will present a plan to
the City for long term contractor storage within six months.
(d) Evanston Rebuilding Warehouse Lease: ENSCC will lease office space
at the Subject Property at a reduced rate of $500 from the regular rate of
$750 per month for a period of two (2) years, beginning in 2015.
(e) Event Space Rental for City of Evanston meetings: ENSCC will allow
the City of Evanston to host four (4) meetings of City boards and
commissions, ward meetings, or other community meetings at the
Subject Property within two (2) years of the adoption of this Resolution
at no charge.
(f) ENSCC Job Development Mentoring: ENSCC will create a plan within
three (3) months of adoption of this Resolution to identify community
businesses and groups to create and implement workshops devoted to
providing mentoring and networking for individuals seeking to enhance
or develop their skill set to become a contractor.
SECTION 3: That the City Manager is hereby authorized and directed to
negotiate the language of the Loan Agreement amendment and any additional terms
as may be determined to be in the best interests of the City.
SECTION 4: That this Resolution 41-R-15 shall be in full force and effect
from and after its passage and approval in the manner provided by law.
Eliz th B. Tisdahl, Mayor
Attest:
Rodney Gre e, Civlerk
Adopted: \ 1 1J 2015
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