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AGREEMENT-FUNDS FOR ESTABLISHING AND OPERATING A CHLD CARE FACILITY IN THE SOUTH GREENWOOD AREA OF CLEARWATER " I I AGREEMENT THIS AGREEMENT entered into this CJd day of ~ 1985, be- tween the City of Clearwater, Florida (hereinafter referred to as City) and COMMUNITY PRIDE CHILD CARE CENTER of CLEARWATER, INC., (hereinafter re- ferred to as the "PSA" and provides as follows: WHEREAS, the City has successfully applied for a CDBG Grant from the U.S. Department of Housing & Urban Development to provide funds, inter alia, to the "PSA" for Child Care Services in Clearwater. NOW THEREFORE, in consideration of the mutual covenants and agree- ments hereinafter stated the parties hereto agree as follows: I. The City shall provide to the "PSA" solely from its CDBG funds the maximum sum of Thirteen Thousand Nine Hundred Dollars ($13,900) subject to and in accordance with the provisions of this agreement and in express re- liance on the warranty of the "PSA" that such funds will be used exclusively for the following project in Clearwater, Florida: Funds for establishing and operating a child care facility in the South Greenwood Area of Clearwater . . . . . . $13,900.00 and that all expenditures of said funds will be in accordance with the / provisions of the Housing and Community Development Act of 1974, as amend- ed, and all rules and regulations pertaining thereto. II. As funds are required by the "PSA" for the purposes provided here- in, the "PSA" may present to the City written requests for the amounts of CDBG Funds required. Each such request shall contain the certification that all applicable federal, state and local laws, regulations and ordinances have been complied with in committing said funds. Upon receiving any such requests in proper form, the City shall duly requisition from the United States Department of Housing and Urban Development the amount so requested and when such amount is credited to the City's CDBG Funds, the City shall pay that amount to the "PSA". III. None of said funds nor any other Community Development Funds shall be used for personnel, administrative or other operating costs of the "PSA". IV. All records pertaining to this project shall be retained by the "PSA" for such period as required by applicable laws and regulations and CPCC 10/1/85 ,/ ",r':.,c".{f, , .'. , ,~~ ~' ."1- - --- ,-. .. .r I I ~ may thereafter be destroyed only with the prior written approval of the City. All records shall be available for audit by representatives of the City and other agencies responsible for compliance with applicable laws and regulations. IN WITNESS WHEREOF, the City and the "PSA" have executed this agreement as of the date first above written. counter~gpe~ : l/r .;.,.. ;; 1 ~. By: Approved as to form and correctness: v Attest: -/ e-A-L<-IJ ~~~:;&.j.~- -".::.:.'-'_,~ity, crer~,."':-:''': .,:- City Seal: ,/:, f;~ ~J: COMMUNITY PRIDE CHILD CARE CENTER OF CLEARWATER, INC. Byl\ ~ Pl. ~.:V Title: Witnesses as to the "PSA" ATTEST: ~. se~~ L !J;{Uk CPCC 10/1/85