Res 1999-112 - Laserfiche WebLink

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27. LETTER AGREEMENT CC(Q)~Y This Letter Agreement is between the Lower Colorado River Authority ("LCRA") and City of San Marcos Parks and Recreation Department ("Recipient "). LCRA hereby agrees to grant to Recipient twenty-five thousand dollars and no/100 ($25,000.00) ("grant money") for the purpose of completing the San Marcos River Nature Trail System ("Project"). Recipient agrees to use the grant money solely for Project purposes. If Recipient uses any grant money for any purposes other than the Project, Recipient shall return the amount used for the other purposes to LCRA immediately upon demand. Recipient agrees to complete the Project within twelve (12) months of the date the grant money ;s awarded. If the Project is not completed within. twelve months, Recipient shall return the unexpended grant money to LCRA immediately upon demand. Upon completion of the Project, Recipient agrees to provide LCRA with a picture and a letter or signed statement stating that the Project has been completed. Recipient shall not use property purchased in whole or in part with grant money for a purpose other than that stated in the Project grant application, except with prior approval of LCRA. If Recipient uses such property without LCRA approval, Recipient agrees that it shall refund to LCRA the full amount of the grant. Recipient shall maintain accurate records of all costs, payments, and related data as may be required by LCRA to verify proper use of the grant money for the Project. Recipient shall maintain such records for at least six months after completion of the Project, and shall make the records available to LCRA for inspection upon written notice. Recipient shall comply with all federal, state and local laws, ordinances, and regulations in connection with the Project. Recipient shall also be responsible for obtaining all necessary permits, licenses, and any other such approvals required for the Project. Recipient will clearly make public identification at the Project site that LCRA is a sponsor of the project. LCRA shall have the right to enter upon and photograph the Project site at any reasonable time for the purpose of inspection including but not limited to walk throughs, on site evaluation, and end of project evaluations. Recipient agrees to indemnify and hold LCRA and its directors, officers, employees, wholesale customers, and agents harmless from damages, claims, demands, suits, causes of action, judgments, costs and expenses including reasonable attomey's fees and expenses resulting from 1) damage to property of any person, firm, corporation or governmental agency, including property of LCRA, and/or 2) death of, or injury to, any person or persons, including employees of LCRA, arising out of, and to the extent caused