HomeMy WebLinkAbout05344 - THE PLAZA RACQUET CLUB FUNDING AGR DOCUMENT TRACKING
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Report: One Document Detail December 8, 2008
Condition: Document Number a5344,
Document ik Description Approval Date Expiratinn_DaYe CI_ose_d Date
A5344 Anderson Children's Foundation scholarships for youth tennis clinics 09/29/2006
Company Name: Plaza Racquet Club
Address: I
Contact: Kurt Haagstrom, Tennis Dir.
Group: CITY MANAGER
Service: In File
Ins.Status: Certificate and Policies are OK
Document Tracking Items: Due Completed Tracking Amount Amount
Code Item Description Date Date Date Added Paid
kdh approved by CM and processed by Jay 09/29/2006 09/29/2006 W
w w w w w w END OF REPORT " " " w
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FUNDING AGREEMENT
THIS AGREEMENT is executed on September 22, 2006 by and between
the CITY OF PALM SPRINGS, a municipal corporation of-the State of California,
hereinafter referred to as "City," and The Plaza Racquet Club, a sole
proprietorship, hereinafter referred to as "Racquet Club."
WHEREAS, the City recognizes the importance of Community Based
Organizations (CBO) and the many services they provide to families and
individuals both within the City and throughout the Coachella Valley;
WHEREAS, the Racquet Club offers youth tennis clinics throughout the
year;
WHEREAS, the Racquet Club has attempted to provide financial
scholarships to disadvantaged youth to help cover the cost of the clinics and
related equipment;
WHEREAS, the Racquet Club has limited financial resources and is only
able to provide a few scholarships annually;
WHEREAS, the City has received a generous grant from the Irene and
Guy Anderson Children's Foundation to fund youth tennis programs within the
community;
WHEREAS, the City wishes to provide this grant to the Racquet Club to
help fund additional scholarships for disadvantaged youth wishing to participate
in their youth tennis clinics.
NOW, THEREFORE, IT IS AGREED as follows:
1. Community Services. Racquet Club agrees that any funding provided by City
will be used to provide scholarships for underprivileged youth to cover the
cost of the tennis clinics and related equipment.
(a) Amount. City hereby allocates to Racquet Club the sum of $10,000.
This allocation of funds shall be provided by City to pay all 'approved
expenditures made in accordance with the community service program set
forth in Section 1.
(b) Method of Payment. City shall retain the right to select the method and
frequency of payment.
(c) First Payment Due. The City shall disburse funds upon receipt of a
written invoice prepared and furnished by Racquet Club.
2. Reimbursement. All amounts paid to Racquet Club pursuant to this Contract
shall be subject to reimbursement upon the occurrence of any of the following
events:
(a) The dissolution of the Racquet Club; or
(b) The cancellation or suspension of their Tennis Clinic Program; or
(c) Racquet Club terminates or attempts to terminate this Contract for
any reason other than City's failure to make payments as provided
hereunder; or
(d) Racquet Club fails to fulfill the responsibilities, duties, and
obligations set forth herein.
3. Administration of Agreement. The City Manager is hereby designated as the
administrator of this Agreement and is hereby authorized on behalf of the City
to make any determinations necessary for implementation of the provisions of
this Agreement.
4. Audits. City shall have the right to monitor and audit all work performed under
this Agreement. City will notify Racquet Club in writing within thirty (30) days
of any potential exceptions discovered during such audits. Where such
findings indicate that agreement requirements are not being met, upon such
written notification, Racquet Club promises to take appropriate corrective
action immediately.
5. Indemnification. Racquet Club agrees to indemnify, defend and save City, its
officers, agents and employees from any and all claims and losses accruing
or resulting to any and all contractors, subcontractors, material men, laborers,
and any other person, firm or corporation furnishing or supplying work,
services, materials or supplies in connection with the performance of this
Agreement and for any and all claims and losses accruing or resulting to any
person, firm or corporation who may be injured or damaged by Racquet Club
in the performance of this Agreement.
6. Compliance with Law.
(a) All work done under this Agreement shall be done in compliance with
the applicable provisions of the federal and state laws and any regulations
promulgated thereunder.
(b) Racquet Club agrees to comply with all state or local licensing
standards; all applicable accrediting standards and any other standards or
criteria established by the state or local laws to assure quality of service-
(c) This Agreement shall be governed and construed in accordance with
the laws of the State of California.
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7. Term of Agreement. The effective date of this Agreement shall be September
22, 2006 and shall terminate June 30, 2007.
8, Complete Agreement. This Agreement contains all the terms and conditions
agreed upon by the parties. No other understandings, oral or otherwise,
regarding the subject matter of this Agreement shall be deemed to exist or to
bind any of the parties hereto.
9. Amendments. Any alterations, variations, modifications or waivers of
provisions to this Agreement shall be valid only when reduced to writing duly
signed and attached to the original of this Agreement.
10. Assignment,, Racquet Club shall not assign any interest in this Agreement
without the prior written consent of City, and any attempted assignment
without such consent shall be void.
IN WITNESS WHEREOF, this Agreement has been executed by the
parties hereto on the date first above written.
CITY OF PALM SPRINGS PLAZA RACQUET CLUB
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David H. Re ^�rty Man ger Kurt Haagstr�m, Tennis Director
".74T'TFST:
APPROVED By CITY MANAGM,
• By:
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