CHARITABLE VENTURES OF ORANGE COUTNY INC. 6 - 2017

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N-2017-071 0; CMO CITY OF SANTA ANA DONATIAGREEMENT WITH 3ulie Castro.Card CHARITABLE VENTURES OF ORANGE COUNT' INC. 1. PARTIES AND DATIaa This Donation Agreement ("Agreement") is entered into on May 2, 2017 by and between the City of Santa Ana, a municipal corporation ("City") and CHARITABLE VENTURES OF ORANGE COUNTY INC., 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 to HOLD A FREE ALARM INSTALLATION EVENT WITHIN THE WINDSOR NEIGHBORHOOD ASSOCIATION PROVIDED BY THE ORANGE COUNTY FIRE AUTHORITY AND RED CROSS SCHEDULED TO OCCUR MAY 13, 2017 ("Community Benefit"). The Parties wish to enter into this Agreement to establish the terms and conditions under which the City will provide funding. 2.2 Public Purpose. The City, by recommendation of MAYOR PULIDO, believes there is a public purpose in supporting the Community Benefit because it will PROMOTE COMMUNITY SAFETY, COMMUNITY ENGAGEMENT and SAFE LIVES. 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 a one-time payment of FIVE HUNDRED DOLLARS ($500.00) for the free alarm installation event in over 500 homes within the Windsor Neighborhood Association, because the City has determined that there is 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 fiends 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. 3.2 Term, Termination of Agreement. This Agreement shall take effect on the date first above written and remain in effect through Recipient's full expenditure of the funds. The City has the right to tenninate this Agreement upon one day's notice, with or without cause. Should the City tenninate this Agreement, it shall also have the right to demand the immediate return of all fiends 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. EXHIBIT 2