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FUNDING AGREEMENT <br />FOR FITNESS STATIONS <br />AT MEMORIAL PARK <br />This Funding Agreement (the "Agreement ") made and entered into this _day of March <br />2014•, by and between the City of Santa Ana, a chatter City and municipal corporation duly <br />organized and existing under the Constitution and laws of the state of California (the "City "), and <br />America On Track, a 501(c)(3) non- profit corporation (the "Donor"), <br />RECITALS <br />A. The Donor, a non - profit corporation, is generating donations for the City to improve <br />the health and fitness of the Santa Ana community. <br />B. City and Donor desire to develop a shade structure to house high - quality outdoor <br />fitness gym equipment at Memorial Park (hereafter "the Project "). <br />C. This project will be accomplished through the Adopt -A -Park method, where city <br />staff, donated monies, and volunteers will be used to add the City's fourth outside gym, <br />D. The America On Track donation is made possible by their Carol M. White Physical <br />Education Program grant. <br />NOW, THERE, in consideration of mutual promises, covenants and agreements <br />herein set forth, the parties do hereby agree as follows: <br />1, Scope of Agreement <br />The purpose of this Agreement is to provide for funding of the shade structure and nine <br />(9) fitness stations at Memorial Park (the "Project "). The Donor will donate Forty Five <br />Thousand Dollars ($45,000.00), which will be granted to the City for design and <br />installation of the Project. <br />2. City Duties <br />A. City shall take the lead to prepare plans and specifications for the design and <br />installation of the Project. Said plans and specifications shall be in con£onnity with all <br />applicable federal, state and local laws and regulations. <br />B, City shall use the funds to purchase and install high - quality outdoor fitness equipment <br />(9 fitness stations and 1 announcement board) as well as a sturdy canvas and shade <br />structure. Donor's company logo will be placed on the announcement board, along with <br />text acknowledging the donation from America On Track. Donor will review the text <br />and layout of such announcement board before it is finalized. <br />C. The installation of the equipment and shade structure will be taking place as an <br />"adopt -a- park" project with resources from the city, city staff, and community volunteers. <br />20A -3 <br />