Laserfiche WebLink
owned Business. Incubator as well as the EBDA 's own light industrial building <br />("Airport 8llilding") located at 3110 Airport Road, Ellensburg. <br />1.3. Term , This Agreement is effective end shall commence on the date of approval of this <br />Agreement by the City which shall occur following the date of approval of this <br />Agreement by the EBDA and shall continue until tenninatcd as provided herein. <br />1.4. Termination. This Agreement may be terminated for any reason at any time by either <br />party upon thirty (30) days' prior written notice by one Party to the other. <br />1.5. Amendments. This Agreement may be amended only upon written agreement of the <br />parties executed in the same manner as provided by !aw for the: execution of this <br />Agreement. <br />SECTION 2: DUTIES OF THE PARTIES <br />2.1. City Duties. The City agrees to provide the following services, as requested by the <br />EBDA: <br />a) Admini 'strative Support. Provide meeting scheduling, meeting advertising, <br />preparation of Board agendas imd minutes, meeting location, and preparation and <br />di~tribution of correspondence and other necessary administrative functions. <br />b) financial Services , Maintain the official financial records of the EBDA and support <br />the processing, recording and reporting of accounts payable, loan payments and <br />associated trBnsactions, and cash and investment transactions . Provide other services <br />to include budget preparation. financial reporting, filing of State and Federal financial <br />documents, coordination of annual State: audit, risk management. and procurement. <br />c) Tenant Services. Provide services, directly or through a contractor, to tenants of <br />EBDA 's leased or owned propetties, including but not limited to, lease negotiations <br />and renewals, invoicing, marketing, business consulting. <br />d) Building Maintenance Services. Provide periodic, routine, and emergency <br />maintenance for the City's Ellensburg Business Incubator Building. <br />e) Use of Facilities. The City agrees to allow the EBDA use of City meeting facilities when <br />such facilities a.re available. <br />t) Economic Development Consulting Services. The City agrees to provide economic <br />development consulting services in response to inquiries or referrals concerning potential <br />business development in the City. <br />2.2. EBDA Duties. The City will provide the services in. Section 2.1 above at no expense <br />to the EBDA . In exchange, The EBDA agrees to the following: <br />lnterlocal Agreement bi.?tween City of Ellensburg and EBDA for Professional Services <br />Pagel of4