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N-2017-122 ,k6 P�G- R 9y7 0:COA0 2/ 1. PARTIES AND DATE This ]Donation Agreement ("Agreement") is entered into on this -Lday of rT"' 2017, by and between the City of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution .and laws of the State of California ("City") and Downtown Incorporated, a 26 U.S. Code section 501(c)(6) non-profit organization ("Recipient's. City and Recipient are sometimes individually referred to as "Party" and collectively as "Tattles" in this Agreement. 2. RrCITAGS 2.1 Community 13 no t. The City wishes to provide Recipient with funding to assist Recipient with the 2017 Santa Ana Media Summit in Downtown Santa Ana an Wednesday, July 12, 2017. The sponsorship will cover the cost of event expenses including marketing, venue rentals, and event production management. The Parties wish to enter into this Agreement to establish the terms and conditions under which the City will provide funding for such program. 2.2 Publio Putvosc. The City believes there is a public purpose in supporting the Community Benefit because the 2017 Santa Ana Media Summit will bring together local print, radio, blog and social media reporters, editors and experts who will introduce commurdty and business attendees to media and public relations topics such as: How to Oct Press Coverage, Latino Media, and how current topics impact pumeptions of Santa Ana to connect local businesses and the community with the use of social media, press ,and content to promote their business, cause or project. 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. TERNIS AND CONDITIONS 3.1 Use of Funds. The City has chosen to provide Recipient with Five Thousand Dollars ($5,000.00) because the City has determined that there is a public purpose to be served in supporting the Community Benefit. The funds shall be spent in accordance with the Expense Budget attached hereto as Exhibit A and incorporated herein by this reference. 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. 3.2 Term; Termination of Agreement. This Agreement shall take effect on the date first above written and remain in effect unless and until termhtated by the City. The City has the right to terminate this Agreement upon one day's notice, with or without cause. Should the City terminate this Agreemant, 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 annun.