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HomeMy WebLinkAbout087-2017RESOLUTION NO. 87-2017 APPROVING LIMITED CO-SPONSORSHIP AGREEMENT WITH VICTORY WORKSPACE DANVILLE WHEREAS, the Town Council previously adopted a policy of entering into Co - Sponsorship agreements to assist entities and organizations with events and activities that support the Town's goals and serve the Town's residents; and WHEREAS, the Town adopted a Comprehensive Economic Development Plan ("CEDP") in 2016; and WHEREAS, the CEDP includes direct goals and objectives to foster small business growth and development, specifically supporting the feasibility of co -working space and collaborative services and facilities that support small businesses and proprietor operations; and WHEREAS, Victory Workspace Danville is a co -working community that provides office space, meeting rooms and support services tailored to the needs of small businesses and entrepreneur in Danville; and WHEREAS, Victory Workspace Danville understands that the project(s) and/or activity(ies) must be implemented in a manner consistent with the goals and objectives of the Town's 2016-2021 Comprehensive Economic Development Plan CEDP and recently adopted unified Cohesive Branding and Marketing Plan; and WHEREAS, The Town Council discussed the consideration of a limited co-sponsorship agreement with Victory Workspace Danville at its October 10, 2017 Study Session; and WHEREAS, the contract terms are valid for a period of five years, with the option to grant one additional three-year extension provided the terms and conditions of the agreement remain mutually agreed upon by both parties; now, therefore, be it RESOLVED, by the Danville Town Council that the Town Manager is hereby authorized to execute and renew, on behalf of the Town of Danville, a Limited Co -Sponsorship agreement between the Town of Danville and Victory Workspace Danville. APPROVED by the Danville Town Council at a regular meeting on November 8, 2017 by the following vote: AYES: Arnerich,,Blackwell, Morgan, Stepper, Storer NOES: None ABSTAIN: None ABSENT: None APPROVED AS TO FORM: L'441�- CITY ATTORNEY PAGE 2 OF RESOLUTION 87-2017