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(08/11/03) <br />AGREEMENT <br />Human Investmen; Project <br />THIS AGREEMENT, made and entered into this le day of August, 2003, by and <br />between the CITY OF REDWOOD CITY, a municipal corporation of the State of California ( "City") <br />and Human Investment Project, a California nonprofit organization ( "Contractor"); <br />WITNESSETH: <br />WHEREAS, Contractor provides assistance to improve the housing conditions and life <br />skills of those with special needs — single parents, children, elderly, disabled, the homeless and <br />those at risk of becoming homeless; and <br />WHEREAS, Contractor has requested financial assistance in order to conduct the <br />program for residents of City during the fiscal year commencing July 1, 2003, and ending June <br />30, 2004; and <br />WHEREAS, City has reviewed said request and desires to allocate to Contractor the sum <br />of Twelve Thousand and No /100 Dollars ($12,000); <br />NOW, THEREFORE, the parties hereto do hereby agree as follows: <br />FINANCIAL ASSISTANCE. City shall allocate to Contractor the sum of Twelve <br />Thousand and No /100 Dollars ($12,000) for exclusive use by Contractor during the fiscal year <br />commencing July 1, 2003, and ending June 30, 2004, 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 />3. CHANGES TO PROGRAM. No changes in the Program described in this <br />agreement which are funded by the financial assistance provided under paragraph 1 shall be <br />made without the prior written consent of City. <br />