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A-2003-194
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ORANGE, COUNTY OF
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A-2003-194
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Last modified
1/3/2012 2:29:53 PM
Creation date
9/10/2003 11:18:08 AM
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Contracts
Company Name
County of Orange
Contract #
A-2003-194
Agency
Parks, Recreation, & Community Services
Council Approval Date
9/2/2003
Expiration Date
7/1/2006
Destruction Year
2011
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<br />"..- <br /> <br />PROJECT, <br /> <br />City of Santa Ana <br />Centennial Park <br /> <br />AGHEEMENT No. 003-047 <br /> <br />1 <br /> <br />b, <br /> <br />CITY shall annually invoice for the lesser of: <br /> <br />(1) amounts specified in <br /> <br />2 <br /> <br />paragrùph 8 ("Maximum Maintenanc.;e Obligation")below for each corresponding fiscal year <br /> <br />3 <br /> <br />lhis AGREEMENT is in effect, or (ii) fifty percent (50%) of CITY'S actual net cost to <br /> <br />4 <br /> <br />operate and maintain Centennial Park with all revenues to be netted against costs as <br /> <br />5 <br /> <br />described in paragraph 6 ("Performance") above. <br /> <br />All invoices shall be subject to the <br /> <br />6 <br /> <br />routine proce~sing requirements of the COUNTY'S Auditor-Controller. <br /> <br />CITY shall permit <br /> <br />7 <br /> <br />COUNTY TO review records relating Lo Centennial Park expenditures and revenues. <br /> <br />8 <br /> <br />Records shall be retained and made available to COUNTY for review for a minimum of <br /> <br />9 <br /> <br />three (3) years after the termination of this AGREEMENT. <br /> <br />The COUNTY shall provide the <br /> <br />10 <br /> <br />CITY with reasonable notice of intent to exerci~e such access rights. <br /> <br />11 <br /> <br />c, <br /> <br />COUNTY shall remit the Maintenance Amount, plus the difference between that <br /> <br />12 <br /> <br />amount and the County Financial Contribution (set forth in Paragraph 8) ("Project <br /> <br />13 <br /> <br />Contribution" ) <br /> <br />for each <br /> <br />fiscal year below within sixty (60) days upon receipt and <br /> <br />14 <br /> <br />approval by the HBP Director, or designee, of CITY'S invoice and documentation <br /> <br />15 <br /> <br />required for funding assistance. <br /> <br />The timeline for all such remittances however is <br /> <br />16 <br /> <br />subject to the COUNTY'S Auditor-Controller's routine processing requirements. <br /> <br />17 <br /> <br />d, <br /> <br />CITY shall upon annual receipL of the Project Contribution deposit such <br /> <br />18 <br /> <br />amounts from COUNTY into a separate fund established for purposes of accounting for <br /> <br />19 <br /> <br />such cumulative funding. <br /> <br />The title of such fund shall be "Patricia Lane Park <br /> <br />20 <br /> <br />Accumulated Capital Outlay Fund" to which said funds shall be deposited. <br /> <br />CI'rY agrees <br /> <br />21 <br /> <br />that all deposits and interest received shall be used exclusively for the purposes of <br /> <br />22 <br /> <br />developing PROJECT improvements. <br /> <br />23 <br /> <br />e, <br /> <br />CITY shall comply with all terms and services required under this AGREEMENT <br /> <br />24 <br /> <br />within the context of the Califonlia Environmental Quality Act ("CEQA") of 1970 as <br /> <br />25 <br /> <br />amended for PROJECT. <br /> <br />26 <br /> <br />5 <br />
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