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HomeMy WebLinkAboutMDC - Meridian Main Street MarketMEMORANDUM OF AGREEMENT FOR CONTRIBUTION TO 2019-2020 MERIDIAN MAIN STREET MARKET This MORANDUM OF AGREEMENT ("Agreement") is made this23day of 2018 ("Effective Date"), by and between the City of Meridian, a municipal corporation organized under the .laws of the State of Idaho ("City"), and Meridian Development Corporation, an urban renewal agency organized under the laws of the State of Idaho ("MDC"). WHEREAS, City and MDC are mutually interested in enhancing the Meridian community's quality of life; enriching the character of downtown Meridian; promoting healthy eating and locally grown produce; and providing opportunities for members of the Meridian and greater communities to produce and sell fruits, vegetables, and other agricultural or hand-crafted products; WHEREAS, in the summers of 2019 and 2020, City will present a weekly farmers' market ("Market") to be held in downtown Meridian and WHEREAS, MDC is willing to contribute to City a total of ten thousand dollars ($10,000) toward expenses related to the presentation of the Market in 2019 and 2020; NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged and agreed, and in consideration of the mutual promises and covenants herein contained, the Parties agree as follows: I. CITY's RESPONsISILITIES. A. Market Production. Between June 22, 2019 and August 31, 2019 as well as between June 27, 2020 and September 5, 2020, City agrees to present, or contract with a third party to present, a weekly farmers' market in downtown Meridian. City anticipates that such market will include produce vendors, educational displays, musical performers, and/or food and beverage vendors. The selection of staff and/or vendors for Market shall be made by City or City's contractor. B. Publicity. City shall publicize the Market, which publicity may include distribution of information via written and broadcast media, social and online media, a -mail, and posters. Decisions regarding the time, place, and manner of such publicity shall be made by City. C. Acknowledgment of sponsorship. Where appropriate, MDC shall be recognized as a sponsor of Market and the MDC logo shall be printed on event marketing materials where sponsors' logos are printed. D. Invoice MDC. City shall provide one (1) invoice to MDC by November 1, 2018, in the amount of ten thousand dollars ($10,000.00), and City shall use such amount for the payment of expenses related to the production of Market. MEMORANDUM OF AGREEMENT FOR MDC's FARMER'S MARKET CONTRIBUTION PAGE I OF 3 Me r i d i a n C i t y C o u n c i l M e e t i n g A g e n d a O c t o b e r 2 3 , 2 0 1 8 – P a g e 2 0 0 o f 3 7 1 termination or breach, and MDC shall not be entitled to pro -rata or other reimbursement in such circumstance. E. Indemnification. To the fullest extent permitted by law and by Article VIII, section 4 of the Idaho Constitution, City agrees to indemnify, defend, and hold harmless MDC and its officers, agents, consultants, and employees from and against any and all liability, claims, losses, actions, or judgments, costs and fees, including any costs and attorney's fees incurred therein, for damages, losses, or injury to entities, persons or property for any act, error, or omission arising out of or in any way connected with the activities and programs described herein and/or the activities of City and its officers, employees, contractors, or agents related to or connected with this Agreement. F. Severability. If any part of this Agreement is held to be invalid or unenforceable, such holding will not affect the validity or enforceability of any other part of this Agreement so long as the remainder of the Agreement is reasonably capable of completion, The invalidity or unenforceability of any particular provision of this Agreement shall not affect the other provisions, and this Agreement shall be construed in all respects as if any invalid or unenforceable provision were omitted. G. Applicable Law. The Agreement shall be governed by the laws of the State of Idaho and jurisdiction for any disputes arising hereunder shall be in the Fourth Judicial District, Ada County, State of Idaho. IN WITNESS 'WHEREOF, the parties hereto have executed this Agreement on the Effective Date first written above. ME IAN DEVELOPMENT CORPORATION SIGNATURE BY (PRINT NAME, TITLE) CITY OF MERIDIAN: eerd, Mayor Y,,{L Atte t: SIGNATURE BY (PRINT NAME, TITLE) Attest: CAY Coles, ity Clerk MEMORANDUM OF AoRF-EMENT FOR MDC's FARMER'S MARKET CONTRIBUTION PAGE 3 of 3