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RAYA FOUNDATION (3)
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RAYA FOUNDATION (3)
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Last modified
3/7/2024 8:42:00 AM
Creation date
3/6/2024 2:25:08 PM
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Contracts
Company Name
RAYA FOUNDATION
Contract #
N-2024-071
Agency
Parks, Recreation, & Community Services
Expiration Date
2/28/2025
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e. Provider acknowledges that, to the extent that City is able to and chooses to conduct <br />classes indoors, this Agreement will also cover classes conducted at one of City's <br />recreational centers during the term of this Agreement. <br />f. City reserves the right to change the location(s) at which the services contemplated by <br />this Agreement are provided. <br />g. Provider shall comply with the City's recreation classes policy manual and any other <br />City rules and regulations regarding the operation of recreation classes. <br />2. COMPENSATION <br />a. In consideration for the provision of the programs set forth in Exhibit A, City agrees <br />to pay, and Provider agrees to accept as total payment for their services for the City, <br />ninety percent (90%) of all gross revenue received from program participants. Total <br />annual revenue to Provider shall not exceed Twenty -Five Thousand Dollars and Zero <br />cents ($25,000). <br />b. This Agreement contemplates a reimbursement of up to $350 for the cost of insurance <br />as required by Section 5 of this Agreement, subject to proof acceptable to the Director <br />of Parks, Recreation and Community Services or their designee. <br />c. Payment by City shall be made within forty-five (45) days following completion of the <br />last class taught by Provider the prior month, subject to City accounting procedures. <br />City and Provider agree that all payments due and owing under this Agreement shall <br />be made through Automated Clearing House (ACH) transfers. Provider agrees to <br />execute the City's standard ACH Vendor Payment Authorization and provide required <br />documentation. Upon verification of the data provided, the City will be authorized to <br />deposit payments directly into Provider's account(s) with financial institutions. <br />Payment need not be made for work which fails to meet the standards of performance <br />set forth in the Recitals which may reasonably be expected by City. <br />d. City shall be responsible for collecting all fees from program participants. Provider <br />shall not collect fees but will refer all interested participants to City for registration <br />information. Provider agrees that City shall retain ten percent (10%) of all gross <br />revenue received from program participants as an administrative fee. <br />fcl10NEWIit'i <br />This Agreement shall commence on March 1, 2024 and end on February 28, 2025 unless <br />terminated earlier in accordance with Section 14 below. The term of this Agreement may be <br />extended for up to one (1) one-year period upon a writing executed by the City Manager and City <br />Attorney. <br />Page 2 of 10 <br />
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