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ORIGINAL <br /> <br /> AGREEMENT <br /> <br /> WOMEN'S ACTION TO GAIN ECONOMIC SECURITY (WAGES) <br /> <br /> .THIS AGREEMENT, made and entered into this <br /> <br />between the CITY OF REDWOOD CITY, a municipal corporation of the State of California ("City") and <br />Women's Action to Gain Economic Security (WAGES), a California nonprofit organization ("Contractor"); <br /> <br /> WlTNESSETH: <br /> <br /> WHEREAS, Contractor provides support and assistance to Iow-income women as they form and <br />develop their own business cooperatives; and <br /> <br /> WHEREAS, Contractor has requested financial assistance in order to conduct the program for <br />residents of City during the fiscal year commencing July 1, 2001, and ending June 30, 2002; and <br /> <br /> WHEREAS, City has reviewed said request and desires to allocate to Contractor the sum of <br />$5,000.00; <br /> <br /> NOW, THEREFORE, the parties hereto do hereby agree as follows: <br /> <br /> 1. FINANCIAL ASSISTANCE. City shall allocate to Contractor the sum of $5,000.00 for <br />exclusive use by Contractor during the fiscal year commencing July 1, 2001, and ending June 30, 2002, <br />solely for the purposes described in paragraph 2. <br /> <br /> 2. USE OF FUNDS. Contractor shall use the funds provided pursuant to paragraph 1 solely <br />for the Program purposes described in Exhibit "A" (Contract Objectives) attached hereto and by this <br />reference incorporated herein. <br /> <br /> 3. CHANGES TO PROGRAM. No changes in the Program described in this agreement which <br />are funded by the financial assistance provided under paragraph 1 shall be made without the prior written <br />consent of City. <br /> <br /> 4. PAYMENTS. Contractor shall keep detailed and accurate records of all expenditures made <br />and expenses incurred which are funded under this agreement. Payments of funds allocated pursuant to <br /> <br />Agrnt-0120 <br />C:lSharedlRedwoodlCouncil <br />FXS-dr <br />08/02/01 <br /> <br /> <br />