R2019-136 Resolution Authorizing Agreement Between the City of Decatur and Mueller Water Products, Inc. Regarding Grant Administration

Home Browse Search

AGREEMENT BETWEEN THE CITY OF DECATUR, ILLINOIS AND MUELLER CO. LLC REGARDING GRANT ADMINISTRATION WHEREAS, the City of Decatur, Illinois ("City") has received a grant from the State of Illinois to assist local economic development efforts ("Grant"), specifically the expansion of Mueller Co. LLC (hereafter "Mueller") facilities in Decatur; and, WHEREAS, the Grant was awarded and intended for improvements to property and buildings owned by Mueller located at Monroe and West Eldorado Streets in the City ("Project"); and, WHEREAS, this Grant, in the amount of Five Hundred Thousand Dollars ($500,000), will be administered by the Illinois Secretary of State's office in accordance with documentation approved and executed between the City and the State; and, WHEREAS, the Grant funds have been received and are being held by the City. NOW THEREFORE,the City and Mueller enter into this agreement to set forth conditions and processes for the distribution of Grant funds. 1. The Project, including the clearing of the Project site will be the responsibility of Mueller and will be coordinated and contracted by Mueller. 2. Mueller will pay contractors they select and contract with to perform demolition and materials removal, materials testing, subsequent construction, and other improvements at the Project site. 3. After total eligible costs paid by Mueller have exceeded $500,000, Mueller will submit to the City evidence of payment to contractors in an amount equal to at least $500,000, including contracts, invoices, checks and other payment verifications and lien waivers. 4. After submission of this documentation to the City, a representative of the City will verify, on site, completion of eligible work, equivalent to, or greater than,the $500,000 request, prior to issuance of reimbursement payment by the City to Mueller. 5. Mueller shall provide quarterly progress reports to the City on the status of the improvements within 15 days after the end of each quarter. 6. Mueller shall file a final expenditure report showing how grant funds were used no later than 45 days after the end of the grant period.