Madison, WI Header
File #: 55371    Version: 1 Name: 2019 Cooperative Enterprise Program Scope of Services
Type: Resolution Status: Passed
File created: 4/9/2019 In control: Economic Development Division
On agenda: 4/30/2019 Final action: 4/30/2019
Enactment date: 5/6/2019 Enactment #: RES-19-00363
Title: Approving the remaining Scope of Services for the Cooperative Enterprise Development Program for 2019.
Sponsors: Rebecca Kemble
Attachments: 1. Staff Memo Second Scope of Services.pdf, 2. MCDC 2019 Revised Scope of Services Table -2.pdf, 3. Link to Resolution 54230, 4. Link to Resolution 43228

Fiscal Note

The Cooperative Enterprise Development program was first funded in the City’s 2016 budget. To date, the City has authorized $1.2 million for the program and has $405,000 of remaining budget authority. The 2019 Adopted Capital Improvement Plan anticipates continued funding from 2020-2022 at $300,000 annually. No additional City appropriation is required.


Approving the remaining Scope of Services for the Cooperative Enterprise Development Program for 2019.


WHEREAS, the City has invested in the creation of the Madison Cooperative Development Coalition (MCDC) to provide technical assistance and organizing for business cooperatives, and a loan fund managed by the Madison Development Corporation  to provide loans to worker cooperatives (RES-16-00502); and,


WHEREAS, the Madison Development Corporation and MCDC will continue to work in partnership with support from the City of Madison Economic Development Division to accomplish the goals of the program; and,


WHEREAS, the Common Council approved (Enactment #RES-19-00099 2/5/2019) a Scope of Services for 63% of the total 2019 budgeted funding for the technical assistance part of the Cooperative Enterprise Development Program for 2019 with the understanding this approval for the remaining 37% of 2019 funding would be proposed at a later date; and


WHEREAS, the Cooperative Enterprise Development Program is approved in the 2019 Capital Budget and in the Capital Improvement Plan for 2020-2023.


NOW THEREFORE BE IT RESOLVED, that the Common Council approves the Scope of Services for the remaining $110,000 budgeted for the program; and,


BE IT FURTHER RESOLVED, the Common Council will approve all Community Based Organization grants and all Cooperatives in Development receiving financial assistance from City funds upon recommendation of EDD staff; and 


BE IT FINALLY RESOLVED that the Mayor and City Clerk are authorized to execute said contracts and are authorized to execute, deliver, accept and record any and all documents and take such other actions as shall be necessary or desirable to accomplish the purpose of this resolution in a form approved by the City Attorney.