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4.05 4.5 AGREEMENTS\Economic Development Corp.—7-1-2023 TO 6-30-2024—7-10-2023 RESOLUTION AUTHORIZING AGREEMENT WITH ECONOMIC DEVELOPMENT CORPORATION -WARREN COUNTY FOR 07/01/2023 -06/30/2024 RESOLUTION NO. ,2023 INTRODUCED BY: WHO MOVED FOR ITS ADOPTION SECONDED BY: WHEREAS, the Town and the Economic Development Corporation - Warren County (EDC) recognize the need to revitalize the local economy by increasing the number of jobs for Town residents by attracting high technology and other industries to the area, and WHEREAS, in accordance with the Not-for-Profit Corporation Law §1411(a) and EDC's Certificate of Incorporation, the purposes of the EDC are the exclusively charitable or public purposes of relieving and reducing unemployment, promoting and providing for additional and maximum employment, bettering and maintaining job opportunities, instructing or training individuals to improve or develop their capabilities for such jobs, carrying on scientific research for the purpose of aiding a community or geographical area by attracting new industry to the community or area or by encouraging the development or retention of an industry in the community or area and lessening the burdens of government and acting in the public interest, and WHEREAS, the Not-for-Profit Corporation Law specifically finds that corporations organized under §1411 perform an essential governmental function, and WHEREAS, the Town Board strongly supports EDC's important mission to improve employment opportunities and economic development in the Town and therefore wishes to enter into an agreement with EDC for 07/01/2023 —06/30/2024, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves and authorizes the Agreement with the Economic Development Corporation - Warren County for 07/01/2023 — 06/30/2024 with funding in the amount of$114,000 to be paid from the appropriate account, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to execute the Agreement in substantially the form presented at this meeting and the Town Supervisor and/or Town Budget Officer to take such other and further actions as may be necessary to effectuate the terms of this Resolution. Duly adopted this 10t'day of July, 2023 by the following vote: AYES NOES ABSENT: 2023 — 2024 AGREEMENT BETWEEN TOWN OFQUEENSBURYAND ECONOMIC DEVELOPMENT CORPORATION OFWARRENCOUNTY THIS AGREEMENT, made as of the I S` day of July, 2023 (with effective date of July I , 2023 to June 30, 2024) by and between the TOWN OF +QUEENSBURY, a municipal corporation existing and operating under the laws of New York State Warren County, New York, (hereinafter referred to as the "TOWN") with its principal place of business and mailing address of 742 Bay Road, Queensbury New York 12804 and the ECONOMIC DEVELOPMENT CORPORATION OF WARREN COUNTY (EDC), an agency organized and existing under the laws of the State of New York, with its principal place of business and mailing address of 333 Glen Street, Suite 102, Glens Falls, New York, 12801 (hereinafter referred to as the "CONTRACTOR") in the manner following: IN CONSIDERATION OF MUTUAL COVENANTS AND PROMISES SET FORTH IN THIS AGREEMENT, IT IS AGREED BY AND BETWEEN THE PARTIES AS FOLLOWS: I . Contractor agrees to 'furnish economic and community services to the Town and its residents for the 7 / l /2023 — 6 /30 /2024 fiscal year to facilitate and enhance opportunities for economic growth to create or preserve jobs and employment opportunities and to improve the economic welfare of the residence in the Town of Queensbury, in consideration of the sum set forth below. The services to be provided by this Contractor shall: A. Activities outlined in Exhibit A and attached to this Agreement; B . Serve as the first point of contact for the Town of Queensbury for economic development related purposes and services when requested; C. Encourage the development and retention of business/industry within the Town; D. Promote expansion/diversity in the commercial, manufacturing, and industrial tax base within the Town; E. Attract new industry to the Town and assist such industry in finding appropriate sites and/or buildings together with assisting with their workforce needs along with any potential economic incentives offered at the local, county, regional, state, and federal level; l F. Encourage utilization of local contractors, suppliers with construction projects together hiring employee within the community; G. Work with the Town and regional planners and key stakeholders to maximize the efficiency and effectiveness of the economic development needs and goals ofthe Town; H. Provide information to the Town Board regarding the best means of encouraging the retention and growth of business in the Town, including expansion of existing industries and attracting new firms to the Town; 1. Sharing information to the business community in the Town by exchanging information through a variety of communication such as website, social media, workshops, conferences, and emails; J. Prepare, furnish, and provide information to federal, state, and local authorities regarding the positive assets of the Town & region, the needs of the local business community and to act as liaison between the various levels of government and the local business community; K. Continue to work toward the following goals : assist in meeting the needs of employers within the community; identify and promote training and workforce development programs for the individuals and businesses by aligning workforce development efforts to match skill needs of area businesses and industries; undertake appropriate economic development research for the purpose of aiding the community or area; retain and expand industry in the Town and in effect lessen the financial burdens of taxpayers and government; L. Facilitate interactions and build mutually beneficial relationships with Warren County, surrounding communities and regional entities to promote economic development; 2 M. Assist the Town in the furtherance of the Town's and County's cultural organizations and activities; 2. The Town agrees to pay Contractor the sum of $ 1 14,000 in full consideration for the services previously set forth upon submission of Town Vouchers and approval of the Vouchers by the Town Supervisor. Contractor shall provide the Project Plans and Project Reports as reasonably requested by the Town_ The Contractor shall provide the Town with its 2023 and 2024 Financial Statements as completed by the Contractor's accountants in the normal course of business by March 2023 and March 2024 respectively. 3 . The Contractor agrees to furnish to the Town throughout the term of this Agreement all financial and program information reasonably requested related to the services provided, such services more specifically set forth in the Exhi bitA. 4_ The Contractor agrees that it will meet with the Town Board on an "as needed" or at the least, quarterly/semi-annually or upon another agreed timeframe as requested to present the Town with progress reports relating to the Contractor's 2023/2024 goals and initiatives as set forth on Exhibit A. 5. The Contractor shall use the amounts payable hereunder as its independent Board of Directors deems appropriate in furtherance of its general purposes as stated in its Certificate of incorporation as amended, and Not-for-Profit Corporation Law § 141 1 and for the specific purposes set forth in paragraph 1 above; provided, however, that the Contractor shall use such amounts only for purposes for which the Town could itself use its own funds. The Contractor shall in its records, copies of which shall be provided to the Town Supervisor, describe the uses of the project funds. In carrying out the purposes of the Contractor and in exercising the powers conferred by for-Profit Corporation § 1411 Contractor will be performing an essential governmental function and such activities shall be in the public interest and for a public purpose with independent programmatic' and administrative control. 6. It is understood and agreed that the relationship of the Contractor to the Town shall be that of independent contractor. The independent contractor agrees that it will hold itself in accordance with such status and that it will neither present itself nor claim to be an officer or employee of the Town. The Contractor is not affiliated with nor created by the Town 3 and the financial support set forth in this agreement does not interfere with the Contractor's Board of Directors independent programmatic and administrative control. 7. The Contractor agrees and warrants indemnifying the Town and holding it harmless for all claims arising out of the performance of this Agreement which are made against the Town. To the fullest extent permitted by law, the Contractor shall indemnify, hold harmless and defend the EDC, its Board, officers, employees, and volunteers against all losses, claims, actions, demands, damages, liabilities, or expenses, including but not limited to attorney's fees and all other costs to defense, resulting from any Contractor breach of this policy. To the fullest extent permitted by law, the EDC shall indemnify, hold harmless and defend the Contractor, its Board, officers, employees, and volunteers against all losses, claims, actions, demands, damages, liabilities, or expenses, including but not limited to attorney' s fees and all other casts to defense, resulting from a EDC breach of this policy_ 8. The Contractor agrees that it shall neither assign nor in any manner convey the rights or obligations of this Agreement to any other person, company, or organization without the previous written consent ofthe Town. 9. This Agreement is for the 71112023 — 6/30/2024 fiscal year and shall end on June 30"', 2024. This Agreement may also be terminated upon the mutual written agreement of the parties. Upon request in writing by the Town, the Contractor shall make a full and final accounting of all Town funds received under this Agreement for 2021 within thirty (30) days after notification of cancellation has been issued. This Agreement may be renewed with mutual agreement of the two parties. 10. It is agreed by the parties that this Agreement constitutes the full and complete agreement by the parties and that it may not be changed orally. 1 l . EDC of Warren County through its President and other EDC representatives shall insure that the Town Supervisor is informed of details and progress made pertaining to economic development prospects/projects considering development in Queensbury and to matters relating to current businesses to the greatest extent possible. 12. The Queensbury Town Supervisor in his capacity as being the duly elected Town Supervisor shall continue to serve as voting member of the EDC of Warren County Board of Directors. 4 IN WITNESS WHEREOF, the parties have signed this Agreement to be effective on the day and year first above written, TOWN OF QUEENSBURY ECONOMIC DEVELOPMENT CORP. OF WARREN COUNTY BY• BY: JOHN F. STROUGH III JAMES SIPLON TOWN SUPERVISOR PRESIDENT DATE- DATE: 5 EXHIBIT A 2023 — 2024 Proposed Scope of Economic Development Services & Initiatives EDC of Warren County will deliver services in support of Economic Growth & Development in the 7/1 /2023 — 6/30/2024 fiscal year, for the Town of Queensbury, engaging primarily in Economic/Business Development and supporting Economic/Business Improvement, in the following manner: 1 . Business & Investment Recruitment: Activities focused on obtaining Lead Generation Prospects & Project Management to include: • Development in consultation with the Town potential targeted 'primary business"* attraction marketing plan for the Town/County (such as medical device, paper/wood related, medical/healthcare, fabricating, tourism/hospitality, information technology and additional recommended targeted "primary businesses"Y • Continue with primary business retention & expansion strategy -focused on partnering with leadership at existing operations in the Town that are part of a Corporate structure with their headquarters located outside the Warren County region to ensure that existing operation site is considered for new Corporate Capital Investment opportunities_ Assist the Town in potential projects that are in need of gap financing, and other resources necessary to finalize the transaction. 2 _ Business Retention Activities to focus on retaining existing businesses. Identify issues & solutions to continue operating success_ • Build relationships to enhance connectivity between community and existing employers. Identify trend threats ( potential closure/significant job losses/sale) and work to bring resources/solutions forward to mitigate negative impact/reverse threat. 6 3 . ProLyram Management: Activities include management & administration of State funded CFA and other programs focused on economic development. 4. Business Improvements Efforts Focused on Competitive Enhancement/Asset Management: Activities include promoting initiatives to strengthen Warren County's abi lity to compete and win new investments that impact employment opportunities, to include: • Research & Data Management: focused on efforts that fully support economic development goals forthe Town. • Focus on identifying asset gaps and proposing solutions. • Focus on cataloguing assets that match customer (private sector business) needs, and oversight of targeted marketing efforts. • Focus on oversight of Business Development activities and special projects as appropriate to address solutions for 'asset gaps' to enhance overall competitiveness or focused on specific business development projects needing special assistance_ 5. Reporting: EDC will track and report on economic development related issues which shall include programs and incentives available from Federal/State agencies that support public and private sector investment opportunities within the Town/County, and report on activities of the EDC on a quarterly/semi-annual basis or another agreed upon timeframe or as requested. 6. 2023/2024 Initiatives by EDC -Town of Queensbury: a_ Promote businesses activities with: • Loan program for Queensbury businesses through Warren County LDC as administrator of the Warren County Local Development Corporation organizations: • US SBA and Pursuit (formerly New York Small Business Development Corporation): * EDC Warren County/Washington County LDC/SLTIY Adirondack sponsorship of 10- week Microenterprise Assistance Small Business Program (offered twice a 7 Y year; spring & fall at SUNY Adirondack campus. This program is open to Warren County/Washington County prospective entrepreneurs and existing. commercial enterprises in the two counties having 10 or fewer employees_ Develop outreach campaign via EDC website, EDC news alert, EDC social media platforms and materials for promotion of economic programs for retention and recruitment of industry and manufacturing within the Town. b. Continue marketing & promotional coordination of Queensbury Business Park, Warren/Washington Industrial Park, Warren County Airport (for aviation and non-aviation projects), Progress Blvd and other properties within the Town. c. Coordinate with the Town potential sources of funding (NYS and Federal) for implementing Pathway Corridor study by Creighton Manning (Route 9 - Exit 20 area for traffic, pedestrian improvements_ d. Participate with the Town of Queensbury and BASF on future dux ntil uses of former Ciba Geigy Hercules Plant Site (45acresin South Queensbury). e. Assist with the South Queensbury Brownfield Opportunity Area (BOA), and Glens Falls officials (adjoining Warren Street BOA to South Queensbury BOA) & and CFA approved funding for Warren County Economic Opportunity Zone for this region. f. Coordinate, support and assist where possible with Queensbury officials, and businesses for submittals of New York State Consolidated Funding Applications (CFA). g. Expand and strengthen regional { Warren/Washington and Capital District) economic development recruitment &. retention efforts through coordination with Capital Region Economic Development Council (CREDC), Empire State Development Corporation (ESD), Center for Economic Growth, Council (CEG), Adirondack Regional Chamber of Commerce , other chamber Industrial Development Agencies and other organizations. h. Enhance and align workforce development services with related organizations such as the Workforce Development Board (WDB), One Stop Center (Warren County); NYS Department of Labor, Veterans Services, Community Action Agency, NAACP, Queensbury School District and B €} C ES to assist local businesses connecting with potential employees for appropriate training/retraining in key industries within the region. 8 Y i. Finalize initial phase Local Government Efficiency Grant through N YS Department of State consisting of evaluation of shared services between Glens Falls WTP and Washington County Sewer District involving Queensbury, Morea u, Kingsbury and (Village fort Edward Village Hudson Falls) along with examination of regional biolsolids initiative so the region can be prepared to submit funding opportunities. j . Assist retail complexes such as Aviation Mall and outlets in developing potentially additional or alternatives uses at their respective sites. k. Working with planning and housing initiatives as they relate to the Town of Queensbury. 1. Advocate for remaining broadband needs. • Note: Businesses refers to non-retail focused businesses in economic-driven industries. These have a greater jobs multiplier effect, i.e., one job in these sectors may create two to three jobs in secondary businesses such as retail, professional services etc. Nonetheless there shall remain an effort to continue to work with existing retail and look to explore potential new retail concepts_ ANNUAL AGREEMENT5120231Economic Development Corporation-7- 1 -2023 - G-30-2024 9