REGENTS OF THE UNIVERSITY OF CALIFORNIA AT IRVINE - 2016

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A-2016-007 CITY OF SANTA ANA DONATION AGREEMENT WITH REGENTS OF THE UNIVERSITY OF CALIFORNIA AT IRVINE 1. PARTIES AND DATE This Donation Agreement ("Agreement") is entered into on JANUARY 19, 2016 by and between the City of Santa Ana, a municipal corporation ("City") and REGENTS OF 'THE UNIVERSITY OF CALIFORNIA AT IRVINE, a California 501(c)3 NON-PROFIT ORGANIZATION ("Recipient"). City and Recipient are sometimes individually referred to as "Party" and collectively as "Parties" in this Agreement. 2. RECITALS 2.1 Community Benefit, The City wishes to provide Recipient with funding to assist Recipient in HOSTING A TOY DRIVE ("Community Benefit"). The Parties wish to enter into this Agreement to establish the teens and conditions under which the City will provide funding. 2.2 Public Purpose. The City, by recommendation of COUNCILMEMBER ROMAN REYNA, believes there is a public purpose in supporting the Community Benefit because it will PROVIDE AN OPPORTUNITY TO COLLECT NEW TOYS TO GIVE TO CHILDREN IN THE CITY OF SANTA ANA AND SURROUNDING COMMUNITY. The foregoing is a general description of the public purpose, and is not necessarily the only public purpose to be gained from the Community Benefit. 3. TERMS AND CONDITIONS 3.1 Use of Funds. The City has chosen to provide Recipient with THREE HUNDRED DOLLARS ($300) for an event that was held on Friday, December 18, 2015, because the City detennined that there was a public purpose to be served in supporting the Community Benefit. In executing this Agreement and receiving the funds, Recipient agrees to use the funds only for the purpose described and subject to the terms and conditions provided for in this Agreement. Should Recipient fail to use the funds for such purpose or otherwise comply fully with the terms of this Agreement, City shall have the right to terminate this Agreement and demand the return of the funds pursuant to Section 3.2 below. 12 Term: Termination of Agreement. This Agreement shall take effect on the date first above written and remain in effect unless and until terminated by the City. The City has the light to terminate this Agreement upon one day's notice, with or without cause. Should the City terminate this Agreement, it shall also have the right to demand the immediate return of all funds provided to Recipient pursuant to this Agreement, as well as interest at the rate of ten percent (10%) per annum. Notwithstanding the foregoing, the indemnification provisions of this Agreement shall survive any expiration or termination of this Agreement. 33 Waivers, Insurance or Other Obli ag tions. For purposes of the City's protection, if the City determines that the funds will be used for a purpose which may cause a significant risk. of