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29A - AGMTS DONATION
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29A - AGMTS DONATION
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Last modified
1/14/2019 10:00:35 AM
Creation date
12/13/2018 8:28:58 PM
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City Clerk
Doc Type
Agenda Packet
Agency
City Council
Item #
29A
Date
12/18/2018
Destruction Year
2023
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CITY OF SANTA ANA <br />DONATION AGREEMENT WITH <br />SANTA ANA COLLEGE FOUNDATION <br />PARTIES AND DATE <br />This Donation Agreement ("Agreement") is entered into on DECEMBER 18, 2018, by and <br />between the City of Santa Ana, a municipal corporation ("City") and SANTA ANA COLLEGE <br />FOUNDATION, a California 501(c)(3) NON-PROFIT ORGANIZATION ("Recipient"). City <br />and 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 />-SANTA ANA COLLEGE FOUNDATION'S PRESIDENT'S_ CIRCLE WHICH SUPPORTS <br />VARIOUS STUDENT SUCCESS INITIATIVES AND PROVIDES ACADEMIC SUPPORT <br />("Community Benefit"). The Parties wish to enter into this Agreement to establish the terms and <br />conditions under which the City will provide funding. <br />2.2 Public P=ose. The City, by recommendation of FORMER COUNCILMEM 3ER <br />BENAVIDES believes there is a public purpose in supporting the Community Benefit because it <br />assists SANTA ANA COLLEGE STUDENTS AND THE COMMUNITY TO ADVANCE <br />EDUCATIONALLY AND BECOME PREPARED FOR THE WORKFORCE. The foregoing is <br />a general description of the public purpose, and is not necessarily the only public purpose to be <br />gained from the Community Benefit. <br />3. TERMS AND CONDITIONS <br />3.1 Use of Funds. The City has chosen to provide Recipient with a one-time payment of <br />ONE THOUSAND DOLLARS -($1,000), 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 <br />receiving the fends, Recipient agrees to use the funds only for the purpose described and subject to <br />the terms and conditions provided for in this Agreement. Should Recipient fail to use the funds for <br />such purpose or otherwise comply fully with the terms of this Agreement, City shall have the right to <br />terminate this 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 <br />the 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 />per annum. Notwithstanding the foregoing, the indemnification provisions of this Agreement shall <br />survive any expiration or termination of this Agreement. <br />EXHIBIT 4 <br />29A-17 <br />
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