CHARITABLE VENTURES OF ORANGE COUNTY (17)

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N-2018-172-04 SEP 2 0 2010 a: 6Mo (/ 1 CITY OF SANTA ANA DONATION AGREEMENT WITH CHARITABLE VENTURES OF ORANGE COUNTY FISCAL SPONSOR FOR THE DOWNTOWN NEIGHBORHOOD ASSOCIATION 1. PARTIES AND DATE This Donation Agreement ("Agreement") is entered into on AUGUST 21, 2018 by and between the City of Santa Ana, a municipal corporation ("City") and CHARITABLE VEN'T'URES OF ORANGE COUNTY FISCAL SPONSOR FOR THE DOWNTOWN NEIGHBORHOOD ASSOCIATION a California 501(c)(3) NON-PROFIT ORGANIZATION ("Recipient"), City and Recipient are sometimes individually referred to as "Party" and collectively as "Parties" in this Agreement. 2. RECITALS 2.1 CgMmunity Benefit, The City wishes to provide Recipient with funding to assist recipient IN HOSTING THE 3RD ANNUAL INTERNATIONAL OLDER ADULT HEALTH FAIR TO PROVIDE RESOURCES TO SENIORS ON OCTOBER 1, 2018 AT BIRCH PARK AND THE SANTA ANA SENIOR CENTER ("Commimity Benefit"). The Parties wish to enter into this Agreement to establish the terms and conditions under which the City will provide funding. 2.2 Public Purpose. The City, by recommendation of MAYOR PRO TEM MARTINEZ believes there is a public purpose in supporting the Commi ity Benefit because it will PROVIDE HEALTH RESOURCES TO SENIOR RESIDENTS ALONG WITH PERFORMANCES BY THE ATTENDEES AND PROMOTING THE DIVERSITY AND CULTURE FOUND WITHIN OUR CITY. The foregoing is a general description of the public purpose, and is not necessarily the only public purpose to be gained from the Community Benefit. 3. TERMS AND CONDITIONS 3.1 Use of Funds, The City has chosen to provide Recipient with a one-time payment of FIVE HUNDRED DOLLARS ($500:00), because the City has 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 hinds 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 finds pursuant to Section 3.2 below. 3.2 Term; Termination of Agreement. 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 terminate this Agreement, it shalt also have the right to demand the immediate return of all funds provided to Recipient pursuant to this Agreement, as well as interest at the rate of ten percent (10%) per annum. Notwithstanding the foregoing, the indemnification provisions of this Agreement shall survive any expiration or termination of this Agreement, Exhibit 4