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Home My WebLink About04777 - PLAZA RACQUET CLUB YOUTH TENNIS FUNDING - luix File Edit Generate Letters Transactions Reports Maintenance Quit t Irw Lett Letters Transacnats Reports _, mawu temwtce HeID Exd Pro�rmn - ' DoCHment A4777 - Grout). Document - Descrtptioir FundingAgr EptpmerA" Financials - APProvaiDate. U372&l2DD3 E?mire.Atue; osrotrzUaa Closed Mile: Owed: Q.t3Q Con miry. Tile Plaza Racquet CUM XRet;. CITY MANAGfB' -- - - - -.. . - --... 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SIC: Cocaine ,. ]TransM m.,. �Y r>� 1 1 _; 9:25 .Afti�m `" _ The Plaza Racquet Club Funding Agreement AGREEMENT #4777 CM signed 9-26-03 FUNDING AGREEMENT -- THIS AGREEMENT is executed on September 22, 2003 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 disadvantage 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 for 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. :aNt lava E 610, inn�,i)9 Sc AGREEPAFN (:2;p 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, materialmen, 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. 7. Term of Agreement. The effective date of this Agreement shall be October 1, 2003 and shall terminate June 30, 2004. 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 0 By:, 4 �� a ? By: D*V�id H. Raft, City Manager Kurt Haggstrom, Tennis Director AT By:TE o City Clerk Plaza Racquet Club 1300 E. Baristo Rd. 6 ll ✓ Palm Springs, CA 92262 Yates & Associates Ins Services DATE OF MAILING: 2100 E 4th St, 2nd Floor 9/26/03 Santa Ana, CA 92705 Calif License # 0705050 POLICY NO.: s' CPS0609710 NOTICE OF CANCELLATION Additional Insured copy KIND OF POLICY: Package- Retail INSURED: PLAZA RAQUET CLUB COMPANY: 1300 BARISTO ROAD Scottsdale Insurance Co. Palm Springs, CA 92262 CERTIFICATION I hereby certify that I personally mailed in the U.S. Post AGENT: RANDY L. ROSTEN INS. AGENCY Office at the place and time stamped herein,a notice of PMB-474 44-489 TOWN CENTER WAY, STE. D cancellation or non-renewal to the Insured and, if re- quired,to the additional parties shown below and at said time received from the U.S.Post Office the receipt made a part hereof or attached. Signed this day of 20 Signature --Reason: The Insured has' e—en notified of the reason. — _ -- — — - You are hereby notified that the above policy is CANCELLED effective 10/9/03 12:00 AM DATE STANDARD TIME in accordance with the terms and conditions of the policy. If the premium has been paid, premium adjustment will be made as soon as practicable after Cancellation becomes effective. If the premium has not been paid, a bill for the premium earned will be forwarded in due course. CO,NtrERSIGNATURE Additional parties notified of this cancellation (Such parties may be mortgagees, lienholders, additional insureds or certificate holders: CITY OF PALM SPRINGS P.O. BOX 2743 Palm Springs, CA 92262 �Xu.CdrrnexvCe��'oa.tx�d,afi.on. �i,�i.anv� e)c.�i�ae.uuden; .�n.uele.� September 11, 2003 Mr. David Ready City Manager Palm Springs, CA. 92262 Dear Mr. Ready, I would like to thank you for your help establishing a youth tennis program at the Plaza Racquet Club. Our goal is to provide funds for facilities, equipment and instruction for children and adolescents in the Palm Springs area. The Tennis program would be open to children from all backgrounds and the funds would be dispersed by the staff of the Plaza Racquet Club. Thank you. Sincerely, Bill Schlesinger Schlesinger 3f0 eJ. &,d d207, JaMv�fv uwA lMioannuv92262 ��aaw(760) 318 -8446 0 (760)�31,8 -8155 J,vZtu cu,dan o o n�uu,le a on c�, PALM p 0 City. of Pa1m S �� . p _ 1ngs C�ReOgATE9�� k F NAP -�200y- Officeofthe City Clerk Cahqub�z vn A o WuY 'Palm 8Sp"392 :CaLf""i,' 92>62 O R TEL:O60'32'-�� t . FAN 060)322- 8 TDD,p6p)S6Q_9527 cr C. Post Office Sox 2743 • Palm Springs, California 92263-2743