AGREEMENT-FUNDS-REHABILITATION-EMERGENCY HOUSING
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THIS AGREEHENT is entered into this)lf day of h, ~ ,19 f I
between the City of Clearwater, Florida (hereinafter referred. to as City) and
Quest Inn, Inc., (hereinafter referred to as Quest Inn) and provides as follows:
l~IEREAS, the City has successfully applied for a Community Development
Block r.rant from the U. S. Department of Housing and Urban Developmen~ to provide
funds, inter alia, for the rehabilitation of an emereency housing facility operated
by Quest Inn within Cleanvater, Florida, and
'iHEREAS, the City is willing to fund such repairs and improv~ments as a
joint undertaking ~..dth Pinellas County" Florida, whereby the City lvill fund. $26,800
and Pinellas County will fund $51,343.73 of the cost thereof, and
WHEREAS, the City and Pinellas County have expended $2,300 from these
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funds to secure an architectural report providing an-existing facility survey,
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project development schedule and project budget.
NOW, THEREFORE,' in consideration of the mutual covenants and agreements
hereinafter st~ted the parties hereto agree as follows:
I.
The City shall provide to Quest Inn, solely from its Community
Development'Funds, the maximum sum of $26,094.52, and an additional sum, not to
exceed $49,749.21, solely from the Community Development Funds of Pinellas County,
Florida, for a total sum of $75,843.73, subject to and-fn accordance with the
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provisions of this agreement and in express reliance on the warranty of Quest Inn
that such funds will be used exclusively for the repair, rehabilitation, and
improvement of the emergency housing facility at North Fort Harrison Avenue,
Clearwater, Florida, and that all expenditures of said funds will be in accordance
with the provisions of the Housing and Community Development Act of 1974, as
amended, and all rules and regulations pertaining thereto.
II. As funds are required by Quest Inn for the purposes provided herein,
Quest Inn may present to the City written requests for the amounts of Community
Development Funds required. Each such request shall contain the certification
that all applicable federal, state and local laws, regulations and ordinances
Development Funds, the City shall pay over that amount to Quest Inn.
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III. None of said funds nor any other Community Development Funds shall be
used for personnel, adMinistrative or other operating costs of Quest Inn.
IV. All records pertaining to this project shall be retained by Quest Inn
for such period as required by applicable laws and regulations and may thereafter
be destroyed only with the prior written approval of the City and Pinellas County,
Florida. All records shall be available for audit by representatives of the City
and Pinellas County, Florida and other agencies responsible for compliance with
applicable lffi~s and regulations.
IN WITNESS '{HEREOF, the City and 0uest Inn have executed this agreement
as of the date first above written.
Seal:
QUEST INN, INC.
By:
Attest:
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Witnesses as to Quest Inn:
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Witnesses as to City:
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Attest: - otL L ~t~',,:_ -.)
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count.rSigne~~
Hayor-Commissioner
Approved as to
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