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CITY OF SANTA ANA <br />DONATION AGREEMENT WITH <br />CHARITABLE VENTURES OF ORANGE COUNTY <br />FISCAL SPONSOR FOR WILSHIRE SQUARE NEIGHBORHOOD ASSOCIATION <br />1. PARTIES AND DATE <br />This Donation Agreement ("Agreement") is entered into on AUGUST 21, 2018, by and <br />between the City of Santa Ana, a municipal corporation ("City") and CHARITABLE -VENTURES, <br />OF ORANGE COUNTY FISCAL SPONSOR FOR WILSHIRE SQUARE NEIGHBORHOOD <br />ASSOCIATION a California 501(c)(3) NON-PROFIT ORGANIZATION ("Recipient"). City and <br />Recipient are sometimes individually referred to as "Party" and collectively as "Parties" in this <br />Agreement. <br />2. RECITALS <br />2.1 Community Benefit. The City wishes to provide Recipient with funding for the <br />WILSHIRE SQUARE NEIGHBORHOOD ASSOCIATION TO PROMOTE UNITY, <br />STRENGTHEN FRIENDSHIPS AND REINFORCE THE QUALITY OF LIFE AND LOVE IN <br />THE COMMUNITY ("Community Benefit"). The Parties wish to enter into this Agreement to <br />establish the terms and conditions under which the City will provide funding. <br />2.2 Public Purpose. The City, by recommendation of MAYOR PRO TEM MARTINEZ <br />believes there is a public purpose in supporting the Community Benefit because it assists the <br />WILSHIRE SQUARE NEIGHBORHOOD ASSOCIATION'S 22"d ANNUAL PICNIC AND <br />CONCERT HELD ON JULY 28, 2018. THE EVENT WAS FREE TO THE COMMUNITY, <br />AND KEPT THE TRADITION OF GATHERING NEIGHBORS TO CELEBRATE DINING <br />AND MUSIC UNDER THE STARS AND RECONNECT WITH THE COMMUNITY. The <br />foregoing is a general description of the public purpose, and is not necessarily the only public purpose <br />to be gained from the Community Benefit. <br />3. TERMS AND CONDMONS <br />3.1 Use of Funds. The City has chosen to provide Recipient with a one-time payment of <br />FIVE HUNDRED DOLLARS ($500.00); because the City has determined that there is a public <br />purpose to be served in supporting the Community Benefit. In executing this Agreement and receiving <br />the funds, Recipient agrees to use the funds only for the purpose described and subject to the terms <br />and conditions provided for in this Agreement. Should Recipient fail to use the funds for such purpose <br />or otherwise comply fully with the terms of this Agreement, City shall have the right to terminate this <br />Agreement and demand the return of the funds pursuant to Section 3.2 below. <br />3.2 Term; Termination of Agreement. This Agreement shall take effect on the date first <br />above written and remain in effect through Recipient's full expenditure of the funds. The City has the <br />right to terminate this Agreement upon one day's notice, with or without cause. Should the City <br />terminate this Agreement, it shall also have the right to demand the immediate return of all funds <br />provided to Recipient pursuant to this Agreement, as well as interest at the rate of ten percent (10%) <br />1r;1 -M11 <br />