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HomeMy WebLinkAboutItem 12 US Ignite Grant AGENDA ITEM SUMMARY Meeting Date: 10/1/2018 Meeting Type: Regular Meeting Staff Contact/Dept.: Vahana Keene/CMO Staff Phone No: 541.726.3671 Estimated Time: Consent Calendar S P R I N G F I E L D C I T Y C O U N C I L Council Goals: Provide Financially Responsible and Innovative Government Services ITEM TITLE: AUTHORIZE CITY MANGAER TO ACCEPT US IGNITE GRANT AWARD ACTION REQUESTED: Authorize the City Manager to continue acting as fiscal agent of the US Ignite Grant, including signing of current and upcoming US Ignite grant task orders, and receipt and dispersing of US Ignite grant funds in an amount up to $300,000. ISSUE STATEMENT: US Ignite, a technology industry nonprofit organization specializing in next generation applications and services, is funding the City of Springfield to act as the regional fiscal agent for these grants. These grants, and agreed upon work, will serve as a catalyst for the creation and support of a vibrant and healthy technology sector through retention, expansion and growth partnerships with existing and prospective industry. This grant is anticipated to run through 8/31/19 and has recently received additional funds for increased investment. This authorization will allow the City Manager to accept and disperse total funds in an amount up to $300,000 to awarded sub-recipients. ATTACHMENTS: Attachment 1 – US Ignite Executed MSA DISCUSSION/ FINANCIAL IMPACT: The City of Springfield, on behalf of the Springfield-Eugene region, was awarded grant funds from US Ignite for being a Smart Gigabit Community and now holds the role of fiscal agent to the grant, anticipated to continue through the recently extended timeline of 8/31/19. This award originated with the United States National Science Foundation (NSF) entitled Sustainable Ecosystem of Smart Applications (SESA) and is designated as CNS-1531046 (the award). Grants are submitted directly to US Ignite with awardees and the fiscal agent receiving notification from US Ignite simultaneously. With this timeline extension, additional funds have also been awarded and may continue to be awarded in future funding cycles. This authorization will allow the City Manager to accept and disperse these funds to awarded recipients. To date, the City of Springfield has dispersed $95,000 funds through the US Ignite Grant to selected and approved grantees/entrepreneurs. Each grantee is required to furnish a current W9 and certificate of liability insurance. Contracts are then drafted and once signed; grantees become independent contractors of the City of Springfield, including requirements for reporting. The City of Springfield acts as the fiscal agent, receiving requests for reimbursement from grantees and once approved and paid, requesting corresponding reimbursement from US Ignite. Since the NSF has extended the grant timeline to US Ignite through August of 2019, we have received additional grants to manage, anticipate future awards as well. Approval is requested to grant the City Manager signing authority for up to $300,000 in US Ignite grant awards, so the City of Springfield may continue acting as fiscal agent, reflecting a strong and supportive partnership within the local Smart Gigabit Community. While we are acting as the fiscal agent for these grants, there is no direct financial impact. Attachment 1, Page 1 of 9 Attachment 1, Page 2 of 9 Attachment 1, Page 3 of 9 Attachment 1, Page 4 of 9 Attachment 1, Page 5 of 9 Attachment 1, Page 6 of 9 Attachment 1, Page 7 of 9 Attachment 1, Page 8 of 9 Attachment 1, Page 9 of 9