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TKO YOUTH FOUNDATION - 2017
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TKO YOUTH FOUNDATION - 2017
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Last modified
8/9/2017 9:04:23 AM
Creation date
3/31/2017 2:56:15 PM
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Contracts
Company Name
TKO YOUTH FOUNDATION
Contract #
N-2017-032
Agency
City Manager's Office
Council Approval Date
3/21/2017
Destruction Year
2022
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31 N-2017-032 <br />CITY OF SANTA ANA <br />DONATION AGREEMENT WITH TKO YOUTH FOUNDATION <br />1. PARTIES AND DATE <br />This Donation Agreement ("Agreement") is entered into on MARCH 21, 2017 by and <br />between the City of Santa Ana, a municipal corporation ("City") and TKO YOUTH <br />FOUNDATION, a California 501(c)3 NON-PROFIT ORGANIZATION ("Recipient"). City and <br />Recipient are sometimes individually referred to as "Party" and collectively as "Parties" in this <br />Agreement. <br />2. RECITALS <br />2.1 Community Benefit. The City wishes to provide Recipient with fiinding to assist <br />Recipient in PROVIDING GANG PREVENTION PROGRAMS AND AFTER-SCHOOL <br />SERVICES TO SANTA ANA YOUTH ("Community Benefit"). The Parties wish to enter into <br />this Agreement to establish the terms and conditions under which the City will provide funding. <br />2.2 Public Purpose. The City, by recommendation of COUNCILMEMBER <br />SARMIENTO, believes there is a public purpose in supporting the Community Benefit because it <br />will PROMOTE EDUCATION, SAFETY, HEALTH, FITNESS, AND POSITIVE LIFE <br />SHILLS The foregoing is a general description of the public purpose, and is not necessarily the only <br />public purpose to be gained from the Community Benefit. <br />3. TERMS AND CONDITIONS <br />3.1 Use of Funds. The City has chosen to provide Recipient with a one-time payment of <br />FIVE HUNDRED DOLLARS ($500.00) for the on-going community outreach and adult <br />educational clinics, because the City has determined that there is a public purpose to be served in <br />supporting the Community Benefit. In executing this Agreement and receiving the finds, Recipient <br />agrees to use the funds only for the purpose described and subject to the terms and conditions <br />provided for in this Agreement. Should Recipient fail to use the fiords for such purpose or otherwise <br />comply fully with the terms of this Agreement, City shall have the right to terminate this Agreement <br />and demand the return of the funds pursuant to Section 3.2 below. <br />3.2 Term; Termination of Agreement. This Agreement shall take effect on the date first <br />above written and remain in effect through Recipient's full expenditure of the funds. The City has <br />the right to terminate this Agreement upon one day's notice, with or without cause. Should the City <br />terminate this Agreement, it shall also have the right to demand the immediate return of all funds <br />provided to Recipient pursuant to this Agreement, as well as interest at the rate of ten percent (10%) <br />per annum. Notwithstanding the foregoing, the indemnification provisions of this Agreement shall <br />survive any expiration or termination of this Agreement. <br />3.3 Waivers, Insurance or Other Obli agtions. For purposes of the City's protection, if the <br />City determines that the fiends will be used for a purpose which may cause a significant risk of <br />
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