Loading...
HomeMy WebLinkAboutMOU - CoSponsor Waterloo Housing Forum-7/17/2017MEMORANDUM OF UNDERSTANDING BETWEEN THE FEDERAL DEPOSIT INSURANCE CORPORATION, TIS OFFICE OF THE COMPTROLLER OF THE CURRENCY, FEDERAL RESERVE BANK OF CHICAGO, AND TILE CITY OF WATERLOO, IA The Federal Deposit Insurance Corporation (FDIC), The Office of the Comptroller of the Currency (OCC), The Federal Reserve Bank of Chicago (FRB), and the City of Waterloo, IA, (City) agree to co- sponsor the Waterloo Housing Forum on August 9, 2017, in Waterloo, IA. GENERAL This Community Development Forum will provide an opportunity for hanks and CRA -educated community organizations to share issues, concerns, and community needs and opportunities with each other and bank regulators. In addition, the opportunity for partnerships to be formed between banks and community representatives will be explored. ROLES AND RESPONSIBILITIES The FRB Chicago will secure and pay for the venue as well as sending the invitations and handling registrations. The FDIC will provide breakfast, and the OCC will provide lunch. All partners including the City of Waterloo will help in planning, organizing, selecting speakers, and speaking at the event. All partners will be responsible for the development of the agenda and event logistics. FUNDING The FDIC will pay for breakfast, OCC will pay for Lunch and the FRB Chicago will pay for the venue. The cost to the FDIC will not exceed 3450, the cost to the OCC will not exceed 3500, and the cost to the FRB Chicago will not exceed S150.00, The total cost of the event will not exceed S1,100. REGISTRATION FEE There will be no charge to attendees for this event. DISCLAIMER Should FDIC, OCC, FRB and City decide to reduce the level of their participation or must withdraw entirely from the event, they will not be liable and the remaining co-sponsors will not file a claim against that organization, Each party shall be responsible for any liability arising from its own conduct and retain immunity and all available defenses under Metal and state law. Neither party agrees to insure, defend or indemnify the other party. The FDIC, OCC, FRB and City shall not be liable for any injury to another party's personnel or damage to another party's property unless such Injury or damage is compensable under applicable federal statutes. NON -ENDORSEMENT (REQUIRED LANGUAGE) The participation of any co-sponsor in the workshop is not intended as en endorsement of any other event scheduled by the other co-sponsors or of a particular project, product, service or position. The FDIC, OCC, FRB, and City will ensure that its publicity, advertisements, and other communications are not used in a manner that may imply or suggest an endorsement of a co-sponsor. Any marketing materials for the event that reference the co-sponsors will be submitted to that co-sponsor for prior review and approval. Pape Ida CONFLICTS OF INTEREST The co-sponsors must avoid conflicts of interest or the appearance of conflicts of interest. Any co-sponsor of this event will notify all other co-sponsors immediately if it becomes aware of a conflict of interest related to activities undertaken in accordance with this agreement. PROMOTION OR SALE OF PRODUCTS The event will not be used primarily to promote or sell products/services. GENERAL PROVISIONS (TERMS REQUIRED LANGUAGE) • This Agreement is for the sole and exclusive benefit of the signatory parties and shall not be construed to bestow any legal right or benefit upon any other persons or entities. This Agreement documents the signatories' intentions to cooperate to promote community development according to the understandings set forth in this Agreement. • This Agreement shall be governed by federal law, and any provision of this Agreement that conflicts with federal law will be null and void. • Each party shall be responsible for any liability arising from its own conduct and retain immunity and all available defenses under federal and state law. Neither party agrees to insure, defend or indemnify the other party. • The signatories represent that they are authorized to sign this Agreement on behalf of their organization. • Each party shall cooperate with any investigation the FDIC Inspector General may initiate as a result of this agreement. POINTS OF CONTACT The points of contact for coordination, notices and reviews are: Federal Deposit Insurance Corporation Kevin Shields Community Affairs Specialist 1100 Walnut Street, Suite 2100 Kansas City, MO 64106 kshields©fdic.gov Phone: (816)-234-8158 Office of the Comptroller of the Currency Michael Nield District Community Affairs Officer 7101 College Blvd, Suite 1600 Overland Park, KS 66210 Michaelnield@occ.treas.gov Phone: (913)401-4436 The Federal Reserve Bank of Chicane Marva Williams Economic Development Director Pap. Ida 230 South LaSalle Street Chicago, IL 60604 Marva.e.williams@chi.frb.org Phone: (312)-322-5280 The City of Waterloo. IA Rudy D. Jones Director Waterloo Community Development 620 Mulbery Street Waterloo, IA 50703 Rudy,jones®waterioo-ia.org Phone: (712)-255-2956 CHANGES AND NOTICES All changes to this Agreement shall be in writing; no oral modifications will be effective. EXPIRATION OF MOU This MOU shall expire on August 9, 2018. For the f ederal Deposit Insurance Corporation: 1.1 Nam . Jen t Gonion Title: -glaciate Director, Community Affairs Office pf the mptrolkr of the Currency: Name: Barry Wides Title: Deputy Comptroller for Community Affairs Federal Reserve Bask Chicago 1 gtf d ame: Alicia Williams Title: VP & Director of CDPS The City of Waterloo, IA t 4,11.41 Name; Quentin Hart Title: Mayor Page 3;13 Date: 6- /9 - /7 Date: G//x (i 7 Date: 7 / o - /7 Date: l l "P‘eP��-4