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HomeMy WebLinkAboutC2011-287 - 8/30/2011 - ApprovedGIFT AGREEMENT RENOVATIONS TO THE GREENWOOD BRANCH LIBRARY This Gift 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 Corpus Christi Public Library Foundation, Inc. ( "Foundation "), a 501(c)(3) organization which exists solely 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 hereby accepts a gift in the amount of $37,100 ( "Gift ") from the Foundation. (2) The City shall use the Gift solely and exclusively to fund the following bid items included in the Greenwood Branch Library Remodeling and Improvements Project No. 4377: • Additive Alternate `C' Rocket Activity Millwork — $5,600. • Additive Alternate 'U : Space Shuttle Activity Millwork — $10,000. + Additive Alternate `E' : Rocket Arbor Millwork— $10,000. • Additive Alternate `F' Book Shelving Millwork — $11,500. Any portion of the Gift not disbursed on the bid items listed above by the City on or before October 31, 2012 will be returned to the Foundation. (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 a representative of each party. (4) This Agreement will be interpreted in accordance with the laws of the State of Texas. [THE REST OF THIS PAGE INTENTIONALLY LEFT BLANK] 2011 -287 M2011 -195 08/30/11 CC Public Library Foundation INDEXED ( �-- Executed ' duplica #e each of which shall be considered an original, on this the + day of , 2411. ATTEST: Armando Chapa City Secretary CITY OF CORPUS CHRISTI Oscar R. Martinez Assistant City Manager Approved as to form: ky , 2011. Brian Nary ez Assistant City Attorney for the City Attorney AC CORPUS CHRISTI PUBLIC LIBRARY FOUNDATION, INC. By: C au e • Paige Minn, President By: (5) ws�-f "- Suzel A. Mendieta, Vice President