ONEOC (FISCAL SPONSOER FOR THE SANTA ANA BUSINESS COUNCIL)

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;'h1r::CCIIREft WORK 10AY PROCEED CLERK OF COUNCIL. r7,�rc. JUN p 6 2019 CITY OF SANTA ANA DONATION AGREEMENT" 1. PARTIES AND DATE 'Phis Donation Agreement (Agreement) is made and entered into this 1'r day of May, 2019, by and between the City of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution and the laws of the State of California (City), and OneOC (fiscal sponsor for the Santry Ana Business Council), a California 501(c)(3) non-profit organization (Recipient). City and Recipient are sometimes individually referred to as Patty and collectively as Parties in this Agreement. 2. RECrrALS 2.1 Community Benefit. The City wishes to provide Recipient with funding to assist Recipient with the Downtown Threads: Santa Ana In Design event that occurred on Saturday, May 4, 2019 in Downtown Santa Ana. The sponsorship will cover a portion of the expenses to produce the event. 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 believes there is a public purpose in supporting the Community Benefit because the Downtown Threads: Santa Ana In Design will transform the downtown into a place and space that shares valuable community engagement that will attracts visitors to the Downtown area, and promotes education with youth and young adults. Tire 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. TEEMS AND CONDITIONS 3.1 Use of Funds. The City has chosen to provide Recipient with a one -tune payment of ONE THOUSAND DOLLARS ($1,000) for this event because the City has determined that there is a public purpose to be served in supporting the Community Benefit. Tile funds shall be spent in accordance with the request from the Santa Ana Business Council as Exhibit A and incorporated heroin by this reference. 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 Agrcement. This Agreement shall take effect on the date first above written and remain in effect unless and until terminated by the City. 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 shall also have the right to demand the immediate return of all finds provided to Recipient pursuant to this Agreement, as well as interest at the rate of ten percent (10%) per annun. Notwithstanding the foregoing, the indemnification provisions of this Agreement shall survive any expiration or termination of this Agreement.