20A - AA- EXERCISE EQUIPMENT - Laserfiche WebLink

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Donor Duties A. Donor shall provide funding for the Project upfront and will be able to provide input and comments to the City regarding the design of the Project. B. Donor shall continue to fundraise on behalf of the Project as necessary, and to transfer grants and contributions to the City during construction, as they are raised by the Donor. C. A representative selected by the Donor shall provide input pertaining to the design and installation of the project. 4. Time for Performance All work required pursuant to this Agreement shall commence upon the City's approval of the Project, Funds must be spent no later than July 15, 2014. A ribbon cutting ceremony is scheduled to take place in October, 2014. 5. Ownershin and Maintenance The shade structure and fitness stations shall, at all times, be the property of City, and City shall have maintenance responsibilities thereof. 6. Preparation and Ownership of Docurnents It is hereby understood that any and all documents pertaining to the Project design and construction, including applicable "as- built" drawings, will be created in accordance with the highest professional quality. All development documents and drawings shall remain the property of the City. Financial Requirements The City shall account for all funds requested by and released pursuant to this Agreement and the disbursement thereof. The City shall maintain a full set of books on a double entry basis in accordance with generally accepted accounting principles, procedures, and regulations as deemed necessary by the City. Such records shall be maintained by qualified personnel and may be accessed in a timely manner. All financial reports and schedules shall be prepared in accordance with generally accepted accounting principles and City reporting requirements. 8. Indemnification City agrees to save, indemnify, defend and hold harmless, Donor, its board members, directors, officers, agents and employees from any and all claims, demands, losses, liens, expenses (including reasonable attorney's fees) or liability, including bat not limited to claims of damage of property or injury to or death of persons accruing or resulting to any and all contractors, subcontractors, material men, laborers and any other person, firm or corporation furnishing or supplying work, services, materials or supplies in comiection with the performance of this Agreement by the City and from any and all elairns and losses 20A -4