Agmt07 CDBG Rebuilding Together Peninsula

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ORIGINAL AGREEMENT Rebuilding Together Peninsula (National Rebuilding Day 2008) THIS AGREEMENT, made and entered into this /tJIA day of Ce.r~h , by and between the CITY OF REDWOOD CITY, a charter city and municipal corporation of the State of California ("City") and Rebuilding Together Peninsula, a California nonprofit organization ("Contractor"; collectively the "Parties"). WIT N E SSE T H: WHEREAS, Contractor desires to renovate/improve certain facilities under the program known as the National Rebuilding Day 2008 Program and provide certain outreach services (the "Project) to individuals who are residents of the City; and WHEREAS, Contractor has requested financial assistance in order to finance, in whole or in part, the Project that will benefit residents of City during the fiscal year commencing July 1,2007, and ending June 30,2008 (the "Fiscal Year"); and WHEREAS, City has reviewed Contractor's request and the Project and desires to allocate a certain sum of money from its Community Development Block Grant funds for the Project. NOW, THEREFORE, the Parties hereby agree as follows: 1. FINANCIAL ASSISTANCE. City will allocate to Contractor the sum of Twenty Thousand and No/100 Dollars ($20,000) for exclusive use by Contractor during the fiscal year commencing July 1, 2007, and ending June 30, 2008, solely for the purposes described in Paragraph 2. 2. USE OF FUNDS: ENVIRONMENTAL REVIEW. (a) Contractor will use the funds provided pursuant to Paragraph 1 solely for the Project purposes described in Exhibit A ("Programs") and Exhibit B ("Quantitative Goals"), attached hereto and by this reference incorporated herein; (b) prior to the commencement of the Project, Contractor shall complete the Environmental Review for the Project, and, in connection therewith, ATTY/AGR/2007.081 092107 1