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HomeMy WebLinkAboutOUTSIDE AGENCY AGREEMENT_ BETWEEN AUGUSTA, GA AND AUGUSTA GEORGIA LAND BANK This AGREEMENT is made and entered this 1St day of January, 2019 between the consolidated government of Augusta, Georgia, a political subdivision of the State of Georgia (hereinafter referred to as "Augusta"), acting by and through the Augusta, Georgia Commission, and Augusta Georgia Land Bank, (hereinafter referred to as the "Organization"). The Augusta, Georgia Commission desires to contract with the above named Organization and to provide funds to the Organization in exchange for the projects, services and benefits to be provided by the Organization to Augusta as provided herein. In accordance with this agreement, the amount of$141,400.00 is now available for use by the Organization, according to the General Fund Budget adopted on November 20th 2018. For and in consideration of the mutual covenants and agreements between the parties, it is agreed as follows: Augusta agrees to appropriate the following sums to the Organization for the following purposes: 1. _Operating Expenses $141,400.00 2. 3. The Organization agrees to use such funds that it may receive, pursuant to this Agreement, solely and exclusively for the above described purposes. For each specific project, the Organization shall provide a Project Budget, attached hereto and incorporated as part of this agreement. As further consideration of the disbursement of said funds, the Organization shall observe all conditions that the law imposes on the use of said funds, which shall include, but not be limited to, the following: 1. The Organization shall provide Augusta with a narrative description of the program and a detailed program budget. The budget should include all funding sources that the Organization anticipates receiving. 2. The Organization shall provide the following information as part of the narrative: a. Mission Statement b. Performance Budget Overview c. Budget Request d. Summary Page 1 of 2 3. The Organization shall complete the following forms as part of the budgeting process: a. Budget Preparation Checklist b. Agency/ Joint Funding Budget Request(Form AJ) c. Agency/Joint Funding Budget Request Payroll Costs (Form AJ-1) d. Copy of Agencies most recent financial statements. 4. The Organization shall have an annual audit performed by an independent CPA Firm or an annual review performed by an independent CPA Firm if funding is equal to or less than $25,000. The Organization should specify Augusta, Georgia as a funding source. The Organization shall provide Augusta a copy of the audited financial statements within 30 days of delivery of the audit by the CPA Firm. Said reports shall be delivered to Augusta Finance Department, Municipal Building, 535 Telfair Street Suite 800, Augusta, GA 30901 to the attention of Ms. Donna Williams, Finance Director or her Designee. 5. The Organization shall also submit a completed form W-9 to the Augusta Finance Department. 6. The Organization shaIi provide their E-Verify number. AUGUSTA, EORGIA COMMISSION 4 g 2/2Dirq M. 'or 0 7tt [ ATTEST: �1 B y: • Clerk of Commission ORGANIZATION: AGENCY ctia\NO k f\41\ (print name) As its L,kliv A x.) `SA ...! ATTES ;�.NOj-,��',��+'1 Ol C As its uck � Ql 140 i0......... Page 2 of 2