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<br /> OR\G\N~L <br /> (08/25/97) <br /> AGREEMENT <br /> Friends For Youth, Inc. <br /> Lf'\' <br /> THIS AGREEMENT, made and entered into this / day of <br /> ~ ' 1997, by and between the CITY OF REDWOOD CITY, a municipal <br />corporation of the State of California ("City") and Friends For Youth, Inc., a California <br />nonprofit organization ("Contractor"); <br /> WIT N E SSE T H: <br /> WHEREAS, Contractor provides serves to at risk youth by creating and cultivating long <br />term, one to one friendships with adult volunteer mentors; and <br /> WHEREAS, Contractor has requested financial assistance in order to conduct the program <br />for residents of City during the fiscal year commencing July 1, 1997, and ending June 30, <br />1998; and <br /> WHEREAS, City has reviewed said request and desires to allocate to Contractor the sum of <br />Five Thousand and No/100 Dollars ($5,000); <br /> NOW, THEREFORE, the parties hereto do hereby agree as follows: <br /> 1 . FINANCIAL ASSISTANCE. City shall allocate to Contractor the sum of Five Thousand <br />and No/100 Dollars ($5,000) for exclusive use by Contractor during the fiscal year <br />commencing July 1, 1997, and ending June 30, 1998, solely for the purposes described in <br />paragraph 2. <br /> 2. USE OF FUNDS. Contractor shall use the funds provided pursuant to paragraph 1 <br />solely for the Program purposes described in Exhibit "A" (Contract Objectives) attached hereto <br />and by this reference incorporated herein. <br />