FLORAL PARK NEIGHBORHOOD ASSOCIATION (2)

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1 URANCE NOT REQUIRED of WORK MAY PROCEED (\4 CLERK OF COUNCIL' 4ATE: a' GOA CZrn�• Le (3.U) 4br 1. PARTIES AND DATE CITY OF SANTA ANA DONATION AGREEMENT N-2022-022 This Donation Agreement ("Agreement") is made and entered into this 13"day of January, 2022, by and between the City of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution and the laws of the California ("City"), and Floral Park Neighborhood Association, a 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 Recipient with Art Walks in the Park, a community painting of Andirondak chairs by local Santa Ana artists and school art programs highlighting the City of Santa Ana and displayed on front lawns throughout the Floral Park neighborhood ("Community Benefit"). The Request for Sponsorship Funds is attached hereto as Exhibit A and incorporated herein by reference. 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 believes there is a public purpose in community painting projects concluding with a public exhibit where the art will be auctioned off with proceeds going to the artists and Santa Ana middle school and high school programs. 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 TWO THOUSAND, SIX HUNDRED DOLLARS ($2,600) for this event 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 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 terminated 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 Agreement, 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 annum. Notwithstanding the foregoing, the indemnification provisions of this Agreement shall survive any expiration or termination of this Agreement.