AGREEMENT TO FUND PURCHASE OF A MOBILE HOME AND CONSTRUCTION ACTIVITIES FROM 7/8/89 TO 9/30/90
-,I
I
AGE E MEN T
THIS AGREEMENT is made and entered into th i s d..L day of 7761/,
1989, by and between the CITY OF CLEARWATER, FLORIDA, a municipal corporation
hereinafter referred to as "City", and the HOMELESS EMERGENCY PROJECT, INC.,
1120 North Betty Lane, Clearwater, Florida, 34615, hereinafter referred to as
"Project" .
WIT N E S S E.T H:
WHEREAS, the Project has placeed 12 mobile homes at 1260 Engman Street in
Clearwater for the purpose of providing temporary shelter for homeless
individual in Clearwater and Pinellas County; and
WHEREAS, the Project has constructed all improvements with private funds;
and
\tJHEREAS, the Project has requested and the City has agreed to provide
financial assistance to pay the transportation impact fees for the site;
NOW THEREFORE, in consideration of the premises and of the covenants and
agreements between the parties, it is mutually agreed as follows:
1. The Project shall be responsible for the operation and
maintenance of a shelter for the homeless at no cost to the City.
2. The City shall loan the Project $4,932 at no interest with such
funds to be used to pay the required transportation impact fees.
3. The total loan of $4,932 shall be repaid to the City by the
Project in fi ve equal annual payments of $986.40 per yea r, without interest.
Payment shall be made on or before the 15th day of November of each year with
the first payment due on November 15,1990, and the final payment due on
November 15, 1994.
IN WITNESS WHEREOF, the parties hereto have set their hands and seal the
date first above written.
CITY OF CLEARWATER, FLORIDA
~
By:
-zf1 A'.~
Ron'H. Rabun
City Manager
L-. /..
'hf-'9 E . Goudeau
City-Clerk
Counte rs i gned
Rita Garvey
Mayor-Commissione
Attest:
-<' "
L-~ ( ) . r( "./ ~ c~"
('.: ,.! :'..! I ./ /' : ~- (..~< r)
2' ('- / ':J ..!
J
.~
~
~
Approved as to form and correctness:
At~
.W~~
. ' Secreta ry
-'"
t~i tnesse s :
~~ W, A,"c/cru, 7
j{~~
I
1
HOMELESS EMERGENCY PROJECT, INC.
By:
({filj~~
Otis Green
Pres i dent
- - - -- --- --------. _n__'__ .---___..____________-=----_,________ __'___.__,__________-____,__~____ n______