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HomeMy WebLinkAboutContracts & Agreements_3-1965AGREEMENT This AGREEMENT made and entered into on -the 7th day of January, 1965, by and between the CITY OF REDLANDS, a municipal corporation, hereinafter called the "City", and the REDLANDS CHAMBER OF COMMERCE, a California Corporation, hereinafter called "Chamber of Commerce". WITNESSETH: WHEREAS, in consideration of the premises aforesaid, all laws governing such matters, and -the several and mutual promises and agreements hereinafter contained, the parties hereto do covenant and agree on this 7th day of January, 1965, as follows: 1. City agrees to transfer funds in the amount of Ten Thousand ($10,000) Dollars for the express support and financial contribution to the REGIONAL ECONOMIC DEVELOPMENT COUNCIL, (REDCO) for the purpose of promoting economic growth and development in the Redlands, Loma Linda, Colton, Rialto, San Bernardino area. The financial contribution to REDCO shall be no less than Ten Thousand ($10,000) Dollars, Five Thousand ($5,000) Dollars payable forth- with and Five Thousand ($5,000) Dollars payable on March 1, 1965, provided that lesser contri- bution may be permitted by motion of the City Council and in no event shall such contribution be made unless and until the Cities of Colton, Rialto and San Bernardino have contributed to said Council (REDCO) those sums of monies pledged by said cities in accordance with the schedule dated October 20, 1964 on file in the office of the City Manager of the City. The Chamber of Commerce and REDCO shall execute an agreement which shall provide that each shall comply with any requirement established by the City concerning use of said sum. 2. Chamber of Commerce shall submit a written report 'to the Mayor and City council at the end of the fiscal year 1964-65 or earlier or at such other times as may be required by the Mayor and city Council showing an accounting of such funds transferred to the Chamber of Commerce by the City. IN WITNESS WHEREOF, the City of Redlands, pursuant to -the action of its City Council, has authorized this Agreement to be executed by its City Manager and attested by its City Clerk and the said Chamber of Commerce has caused the Agreement to be exe- cuted by its proper officers. CITY OF REDLANDS B City Diana a er REDLANDS CHAKBER��COMMERCE ATTEST: City/clerk APPROVED .AS TO FORM: Lsl Edward F. Taylor City Attorney AGREEKEINU This AGREEMENT made and entered into this dav E ``=$TE x WHEREAS, tho city council Of the CKYf Aedlands has found and determined that it will for the cOnvenience, benefit and advantage A the city, and of its inhabitants, t e a contract to utilizeChamber of Commerce for the l purpoae Of Publicizing and advertising the City, and WHEREAS, such contract, in cOnsidaration of theservices Per%=d .may the Chamber Of COMW=0, designates the Z Commerce as the official agency of the City for the performance of such services, and WNERBAS, the City agrees to transfer funds to the Chamber of Commerce .for the services described herein inim sum of $10,00000 which shall be aijocated:E N CH, THEREFORE, in consideration of the aforesaid and the several and mutual promises andagreements hereinafter contained, the parties hereto do covenant and agree as follovs: w The Chamber of commerQe agrees to present RZDC0,S financial requirements to the City Council, provide necessary budget and expenditure data and reports, i PartialSUPPOrt Of its tivi i in accordance with this agreement a REDCO agreezto requestsuch funds from the Chamber f COmmerce, provide budget and 09penditure in- formation to support such requests, periodic re- portsc ivit, an annualrt i audit Of REDCO finances and tO cooperate with the Chambererc in an eViciantram to promote onomic growth in the Radlanda, Loma Linda, Colton, Rialto and Sao Bernardino area. The Chamber ol Commerce and REDCO agree to comply with all provisions A law, including city ordinances and special, requirements established by the City la REDLANDS CHAMBER OF COMMERCE REGIONAL By By f