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RESOLUTION NO. 5713 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHANDLER, ARIZONA, APPROVING AN INTERGOVERNMENTAL AGREEMENT BETWEEN THE CITY OF CHANDLER AND THE ARIZONA BOARD OF REGENTS FOR AND ON BEHALF OF ARIZONA STATE UNIVERSITY, FOR THE DELIVERY OF BUSINESS INCUBATOR AND ECOSYSTEM BUILDING SERVICES, IN AN AMOUNT NOT TO EXCEED $275,000 FOR ONE YEAR, BEGINNING JULY 1, 2023, THROUGH JUNE 30, 2024. WHEREAS, the City of Chandler (“City”) leases to the Arizona Board of Regents, for and on behalf of Arizona State University (together, “ASU”), the ASU Chandler Innovation Center (“ACIC”) located at 249 East Chicago Street, in Chandler, Arizona, pursuant to a Lease Agreement between the City and ASU dated May 28, 2013; and WHEREAS, the City proposes to engage ASU to provide business incubator and ecosystem building services for the benefit of the public at the ACIC, including hosting entrepreneurial programming and events for the community, and ASU is ready, willing, and able to provide the services; and WHEREAS, in exchange for the business incubator and ecosystem building services to be provided by ASU at the ACIC, the City intends to provide compensation in an amount not to exceed $275,000 for one year, beginning July 1, 2023, through June 30, 2024, with the option of up to four one-year extensions, in accordance with the terms of the proposed Intergovernmental Agreement; and WHEREAS, per Arizona Revised Statutes §§ 11-951 through 11-954, public agencies may enter into intergovernmental agreements for the provision of services or for joint or cooperative action. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chandler, Arizona, as follows: Section 1. Approving the Intergovernmental Agreement between the City of Chandler and the Arizona Board of Regents on behalf of Arizona State University with an effective date of July 1, 2023. Section 2. Authorizing the Mayor to sign and execute the Intergovernmental Agreement on behalf of the City of Chandler. PASSED AND ADOPTED by the City Council of the City of Chandler, Arizona, this 29th day of June, 2023. ATTEST: _____________________________ ____________________________________ CITY CLERK MAYOR Resolution No. 5713 Page 2 CERTIFICATION I HEREBY CERTIFY that the above and foregoing Resolution No. 5713 was duly passed and adopted by the City Council of the City of Chandler, Arizona, at a regular meeting held on the 29th day of June, 2023 and that a quorum was present thereat. _________________________________ CITY CLERK APPROVED AS TO FORM: ________________________________ CITY ATTORNEY