CHARITABLE VENTURES OF ORANGE COUNTY (16)

Home Browse Search

A, IiA 43 2018 N-2018-138-01 CITY OF SANTA ANA O: CMO (ba DONATION AGREEMENT WITH Julie Castro -Cardenas CHARITABLE VENTURES OF ORANGE COUNTY FISCAL SPONSOR FOR MEMORIAL PARK NEIGHBORHOOD ASSOCIATION 1. PARTIES AND DATE This Donation Agreement ("Agreemont") is entered into on JUNE 1.9, 2018, by and between the City of Santa Ana, a municipal corporation ("City") and CHARITABLE VENTURES OF ORANGE. ,COUNTY FISCAL SPONSOR FOR MEMORIAL PARK. NEIGHBORHOOD ASSOCIATION a California 501(c)(3) NON-PROFIT ORGANIZATION ("Recipient"). City and Recipient arc sometimes individually referred to as "Party" and collectively Its "Parties" in this Agreement. 2. RECITALS 2.1 Community Benefit The City wishes to provide Recipient with funding for the SCHEDULING OF FREE EVENTS, ACTIVITIES AND INFORMATIONAL SESSIONS AT MEMORIAL PARK TO BENEFIT THE RESIDENTS AND BUSINESSES OF THE MEMORIAL PARK NEIGHBORHOOD ASSOCIATION TO HELP INFORM, LEARN HOW TO BE ENGAGED WITH TIIE CITY, AND STRENGTHEN PARTNERSHIPS. ("Conimunity Benefit"). The Parties wish to enter into this Agreement to establish the terms and conditions under which the City will provide funding. 2.2 P,l„t lit ,Lrpgse. The City, by recommendation of COUNCILMEMBER SARMIENTO, believes there is a public purpose in supporting the Community Benefit because it assists the MEMORIAL PARK" NEIGHBORHOOD ASSOCIATION TO CONDUCT MULTIPLE COMMUNITY EVENTS AND ACTIVITIES THROUGH JUNE 30, 2018 TO PROMOTE ENGAGEMENT AND COLLABORATION. The foregoing is a general description of the public purpose, and is not necessarily the only public purpose to be gained from the Community Ronefit, , 3. TERMS AND CONDITIONS 3.1 Use of Funds. The City has chosen to provide Recipient with a one-time payment of ONE THOUSAND THREE HUNDRED EIGHTY-THREE DOLLARS AND NINETEEN CENTS (51;38119); because the City his determined that there is a public purpose to be served in supporting the Community Benefit. In executing this Agreement and receiving the funds, Recipient agrees to use the funds only for the purpose described and subject to the terms and conditions provided for in this Agreement. Should Recipient fail to use the funds for such purpose or otherwise comply fully with the terms of this Agreement, City shall have the right to terminate this Agreement and demand the return of the funds pursuant to Section 3.2 below. 3.2 Term: Termination of Agt ement. This Agreement shall take effect on the date first above written and remain in effect through Recipient's full expenditure of the funds. The City has the right to terminate this Agreement upon one day's notice, with or without cause. Should the City EXHIBIT 2