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HomeMy WebLinkAboutC2008-463 - 12/9/2008 - ApprovedGIFT AGREEMENT BETWEEN THE CITY OF CORPUS CHRISTI AND THE FRIENDS OF CORPUS CHRISTI PUBLIC LIBRARIES COMPUTERS FOR THE NORTHWEST BRANCH LIBRARY This agreement ("Agreement") is made by and between the City of Corpus Christi ("City"), a home rule municipal corporation organized under the laws of the State of Texas, and the Friends of Corpus Christi Public Libraries ("Friends"), a 501 (c) (3) organization which solely exists to benefit the City's public libraries. For and in consideration of the covenants, undertakings, and consideration stated in this Agreement, the parties mutually agree as follows: (1) The City accepts a gift ("Gift") from the Friends in the amount of $5,000.00, which will be used solely and exclusively for computers for the Northwest Branch Library. (2) Any portion of the Gift not disbursed by the City by July 31, 2009 will be reimbursed to the Friends. (3) This Agreement cannot be assigned, modified, or amended unless both parties mutually consent to the assignment, modification, or amendment. Additionally, any assignment, modification, or amendment must be made in writing and executed by representatives of each party. (4) This Agreement will be interpreted in accordance with the laws of the State of Texas. 2008-463 12/09/08 Res. 027964 Friends of CC Public Libraries Exe m duplica , each o which shall be considered an original, on this the __ !~ day of , 2008. ATTEST: CITY OF CORPUS CHRISTI Armando Chapa ~ ge R. Escobar City Secretary \ ~ ~"~ "" ~" 'p ity Manager Approved as to form: I~IUY`C,1-lb{.r ~0 , 2008. FRIENDS OF CORPUS CHRISTI PUBLIC LIBRARIES dT CiItlNCIL Y tte A Assistant City Attorney for the City Attorney O~ Michael A. Howell, Treasurer "Date