FRIENDS OF SANTA ANA ZOO 2014 (2) - 2014

Home Browse Search

INSURANCE NOT REQUIRED r� WORK MAY PROCEED CLERK OF COUNCIL ATF ,? 4 200 A-2014-048 FUNDING AGREEMENT FOR THE PURCHASE OF OFFICE TRAILER USED AS VETERINARY HOSPITAL AT THE SANTA ANA ZOO AT PRENTICE PARK This Funding Agreement (the "Agreement') made and entered into this !Vday of February 2014, by and between the City of Santa Ana, a charter City and municipal corporation duly organized and existing under the Constitution and laws of the state of California (the "City"), and the Friends of the Santa Ana Zoo, a California non-profit corporation (the "FOSAZ"). RECITALS A. The FOSAZ, a California non-profit organization, is generating support revenue and donations for the City to operate and develop the Santa Ana Zoo at Prentice Park ("Zoo"). B. City and the FOSAZ desire to purchase the office trailer currently leased by the City which is used as the veterinary hospital (hereafter "the Project") at the Zoo. C. The City will enter into a separate purchase agreement with Golden Office Trailers, Inc., the current owner of the office trailer ("Purchase Documents") D. The FOSAZ willprovidefull 'funding for the Project. NOW, THEREFORE, in consideration of mutual promises, covenants and agreements herein set forth, the parties do hereby agree as follows: 1, Scope of Agreement The purpose of this Agreement is to provide funding for the purchase of the currently leased office trailer that is used as the veterinary hospital at the Santa Ana Zoo at Prentice Park. The FOSAZ have raised funds in grants and contributions in the amount of Twenty Nine Thousand Nine Hundred Seventy Five Dollars ($29,975.00) (the "Friends Funds") which will be contributed to the City for the purchase of the office trailer. Purchase of the office trailer will save the City over $15,541.00 per year on future lease payments. 2. City,Duties A. City shall take the lead to purchase the office trailer and implement the Project. Said purchase shall be in conformity with all applicable federal, state and local laws and regulations. B. City shall enter into a purchasing agreement with Golden Office Trailers, Inc. to finalize and execute the Purchase Documents.