Reso 2017-2714 - Laserfiche WebLink

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WHEREAS, the land, maintenance and operational costs of the proposed Skatepark will be provided by the County, pursuant to a separate agreement with Sunny Isles Beach; and WHEREAS, on June 13, 2017, the Town Commission of Surfside adopted Resolution No. 17-2433, authorizing this MOU with Sunny Isles Beach to support the Skatepark, and authoring the appropriation and disbursement of an expenditure of up to $50,000 to the Skatepark Contribution Account No. 301-4400-572-8110 to Sunny Isles Beach and to be disbursed upon execution of this MOU; and WHEREAS,it is in the best interest of the Parties to enter into this MOU to support the Skatepark,and to evidence the payment to Sunny Isles Beach of Surfside's contribution towards the cost of the Skatepark, in cooperation with the County and the Participating Municipalities. NOW, THEREFORE, in consideration of the mutual agreements and covenants contained therein and for other good and valuable consideration,the receipt and sufficiency of which hereby are acknowledged, it is mutually agreed and covenanted, under seal, by and between the Parties to this MOU, as follows: TERM 1. Recitals Incorporated. The above recitals are true and correct and incorporated herein by reference. 2. Surfside Contribution to Skatepark. Within three (3) days of execution of this MOU by the Parties, Surfside shall make payment and disbursement to Sunny Isles Beach in the amount of $50,000.00 (Fifty Thousand Dollars) for the Skatepark Contribution, to be deposited in an account created by Sunny Isles Beach ("the "Surfside Contribution"). The Surfside Contribution shall be used solely for costs in connection with the design and construction of the Skatepark, in coordination with the County and the Participating Municipalities. During the term of this MOU, Sunny Isles Beach agrees to administer and disburse the Surfside Contribution only in furtherance of the design, permitting,construction and other benefits directly related to the Skatepark. Surfside agrees there are no refunds after the purchase of equipment for the Skatepark unless a refund is provided to Sunny Isles Beach by the vendor/contractor. Surfside further agrees that all funds for the Skatepark must be transferred to Sunny Isles Beach prior to its purchase of equipment for the Skatepark. 3. Acceptance and Acknowledgement by Sunny Isles. Sunny Isles Beach hereby accepts the Surfside Contribution and agrees to utilize said funds consistent with Paragraph 2 above. Sunny Isles Beach shall further accept contributions from the other Participating Municipalities. Each one of the Participating Municipalities shall contribute an amount not to exceed $50,000.00 (Fifty Thousand Dollars) towards the Skatepark. Sunny Isles Beach agrees to contribute the balance of the funds necessary and towards 2 U;'City Attomey\CONTRACT ADMINISTRATION Unterlocal Agieements\MOU with Sunny Isles-Skatepark v4 to v5-Clean.docx