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HomeMy WebLinkAbout10.29.24 Work Session CITY OF ST. JOSEPH www.cityofstjoseph.com 75 Callaway Street East | Saint Joseph, Minnesota 56374 Email: cityoffices@cityofstjoseph.com | Phone: 320.363.7201 | Fax 320.363.0342 AMENDED St. Joseph City Council Work Session October 29, 2024 5:00 PM 1. Kinetic Contract Renewal 2. Adjourn STAFF MEMO Prepared by: City Administrator Meeting Date: 10/29/2024 ☐Consent Agenda Item ☒Regular Agenda Item Agenda Item # 1 Reviewed by: Item: Kinetic Contract Renewal ACTION REQUESTED Discussion and Direction from Council. BOARD/COMMISSION/COMMITTEE RECOMMENDATION N/A. PREVIOUS COUNCIL ACTION This Contract was previously extended once. REFERENCE AND BACKGROUND The fundraising project has been ongoing and is not at the required amount at this time. The contract extension has essentially the same terms as the current contract. One difference is the amount paid to Kinetic is reduced by $600 per month, changing from $17,500 to $16,900 per month. The $600 would cover the costs of the City hiring an intern to provide administrative support to the campaign committee. BUDGET IMPACT The original contract proposal indicated the cost of the fundraising consultant would be covered (reimbursed) by the fundraising proceeds. We are currently utilizing the Debt Service Relief fund to pay the monthly bill. STAFF RECOMMENDED ACTION If the Council wishes to not renew the contract, staff would need to be directed to solicit proposals from other fundraising consultants asap to bring back for action. SUPPORTING DATA/ATTACHMENTS Contract extension document.