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I" <br /> C�RIGINI�L <br /> AGREEMENT <br /> RENAISSANCE ENTREPRENEURSHIP CENTER <br /> (Redwood City Entrepreneurship Training Program) <br /> THIS AGREEMENT, made and entered into this day of <br /> 2014, by and between the CITY OF REDWOOD CITY, a charter <br /> city and municipal corporation of the State of California ("City") and <br /> RENAISSANCE ENTREPRENEURSHIP CENTER, a California nonprofit <br /> organization ("Contractor"; collectively the "Parties"). <br /> WITNESSETH: <br /> WHEREAS, Contractor provides certain services through programs, <br /> including the program described in Exhibits "A" ("Program & Quantitative Goals"), <br /> and "B" ("Program Budget"), attached hereto and made a part hereof; and <br /> WHEREAS, Contractor has requested financial assistance in order to <br /> conduct the program described in Exhibit A for residents of City during the fiscal <br /> year commencing July 1, 2014, and ending June 30, 2015 (the "Fiscal Year"); <br /> and <br /> NOW, THEREFORE, the Parties hereby agree as follows: <br /> 1. FINANCIAL ASSISTANCE. City will allocate to Contractor the sum <br /> of Fifty Thousand and No/100 Dollars ($50,000) for exclusive use by Contractor <br /> during the fiscal year commencing July 1, 2014, and ending June 30, 2015, <br /> solely for the purposes described in Paragraph 2. <br /> 2. USE OF FUNDS. Contractor will use the funds provided pursuant to <br /> Paragraph 1 solely for the Project objectives described in Exhibit A and Exhibit B, <br /> attached hereto and by this reference incorporated herein. <br /> REV:11-03-14 VR&RL <br /> Page 1 of 15 <br /> ATTY/AGR.2014.226/RENAISSANCE CENTER/ENTREPRENEURSHIP PROGRAM <br />