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sI <br />AGREEMENT TO FUND JEROME CENTER PARK PROJECT <br />~ x~ i~~T ~ <br />A-2008-005 <br />This Agreement for the Jerome Center Park capital improvement project (hereinafter <br />"Agreement"), made and entered into this 7`~ day of January, 2008, by and between the County of <br />Orange, a political subdivision of the State of California, hereinafter referred to as "COUNTY," and <br />the City of Santa Ana, hereinafter referred to as "CITY," with a place of business located at 20 Civic <br />Center Plaza, Santa Ana, California 92702 with COUNTY and CITY sometimes referred to herein as <br />"party" or collectively as "parties." <br />RECITALS <br />WHEREAS, COUNTY, by Minute Order dated June 26, 2007 a copy of which is on file <br />with the Clerk of the Board of Supervisors of Orange County and which by this reference is <br />incorporated herein and made a part of hereof as if fully set forth, has appropriated, pursuant to <br />Govenunent Code Section 26227 a portion of its general funds in the amount of $100,000 available <br />for contribution to CITY toward the completion of capital improvements at Jerome Center Park <br />hereinafter referred to as "project." <br />THEREFORE, in consideration of the mutual promises, covenants, and conditions <br />hereinafter set forth, the parties agree as follows: <br />1. EFFECTIVE PERIOD -TERMINATION DATE <br />The effective period of this Agreement shall be the period beginning October 17, 2007 <br />and ending December 31, 2008 subject to the provisions of Section 15 of this Agreement. CITY <br />agrees that any and all funds received under this Agreement shall be disbursed or encumbered on or <br />before December 31, 2008 and that any and all funds remaining as of January 1, 2009, which have not <br />been disbursed or encumbered shall be returned by CITY to COUNTY. No expense of CITY will be <br />reimbursed by COUNTY if incurred after December 31, 2008. <br />2. PROJECT PROPOSAL <br />CITY agrees to comply with all provisions set forth in this Agreement for use of the <br />funds in a professional, timely and diligent manner. The parties hereto agree that concerning matters <br />not specifically contained within the body of this Agreement, the COUNTY will be the controlling <br />body. <br />