Agreement - Urban Enterprise Assoc of SB - Neighborhood Scale Development Matching Grant Program

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maintain public buildings, monuments, or works, (d) lessen the burdens of government, (e) lessen neighborhood tensions, (0 eliminate prejudice and discrimination, or (g) combat community deterioration; and WHEREAS, the Organization has represented that it is duly existing under Indiana law and exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code, as evidenced by the Indiana Secretary of State's confirmation that the Organization is currently active and in good standing, as well as the copy of the Organization's Tax Exempt Determination Letter issued by the Internal Revenue Service, respectively attached as Apllx II and pclixmlli; and WHEREAS, the Organization has the expertise and resources to provide for, oversee and administer the Program; and WHEREAS, the Commission desires to allocate for the Program under the terms of this Agreement Two Hundred Thousand and 00/100 Dollars ($200,000.00) (the "Contract Amount"), and as required by Indiana Code § 5-22-17-3, the Contract Amount does not exceed the amount appropriated for such purpose; and WHEREAS, the City believes that the actions contemplated by this Agreement are in the best interests of the health, safety, and welfare of the City and its residents and that such actions comply with the public purposes and applicable provisions of state and local law; and NOW THEREFORE, for and in consideration of the mutual covenants and promises contained herein, the City and the Organization hereby agree as follows: 1. Contract Amount and Term. The Organization shall provide the programs and services set forth at Exhibit A on behalf of the City, for the Contract Amount for the period commencing on the Effective Date, and ending December 31, 2020. The approved schedule for the Program is set forth at Exhibit B., The Organization shall submit a report to that person designated by the City as the Contract Administrator within sixty (60) days of the expiration or termination of this Agreement showing the progress of the Program, including a summary of all transactions detailing each recipient by name, address, amount of funds attributable to the Contract Amount used, the amount of private iii`veSLill u� iii Lill-, Lv%,isiivviiivvu �.iii�ei, Ciiu Lit%, g1— L ag�iciiiiciiL U L 2. Progt:am mmBumet and Budget Modification. The approved Program Budget is set forth at Exhibit Q, (the "Budget"). The Organization shall not spend more than the amount for each line item, as described in the Budget, without the prior written consent of the City. The Organization shall only use the Contract Amount to implement the Program or provide the services in conformance with the Budget and for no other purpose. 3. Compensation ter 11 O pLn. The Contract Amount shall be paid within thirty (30) days of the latter of. (i) the date the last party hereto executed this Agreement