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HomeMy WebLinkAboutAUGUSTA CONVENTION & VISITORS BUREAU MEMORANDUM OF UNDERSTANDING �" + . . , MEMORANDUM OF UNDERSTANDING � This Memorandum of Understanding (hereinafter "Memorandum") made this � _ day of �Q� , 2011, by and between AUGUSTA, GEORGIA, as a political subdivision of the State of Georgia (hereinafter referred to as "Augusta, Georgia" or "Augusta"), as Party of the First Part, and AUGUSTA CONVENTION & VISITORS BUREAU, (hereinafter referred to as "ACVB') as Party of the Second Part. WHEREAS, the ACVB is the overseeing entity of The Garden City Improvement Fund; WHEREAS, the specific purpose of the Garden City Improvement Fund is to foster economic development in the City of Augusta through community and beautification improvements; and WHEREAS, the ACVB has determined that it would be of benefit to the citizens of Augusta, Georgia that funds from the Garden City Improvement Fund be used to provide landscape enhancements to city owned medians on Saint Sebastian Way, (between Walton Way and Reynolds Street; including adjacent sections of Broad Street and Greene Street), Greene Street (between Broad Street and St. Sebastian Way), Walton Way (between 13�` Street and 15�' Street), and on the new Medical District/Downtown exit ramp of Riverwatch Parkway. WHEREAS, Augusta has determined it would be of benefit to the citizens of Augusta, Georgia to contribute funding for the completion of this beautification project, NOW, THEREFORE, as a desire of ACVB and Augusta to properly coordinate the completion of these landscape enhancements, the parties hereby agree as follows: UNDERSTANDING Augusta, Georgia and ACVB do hereby agree to the following: 1. The ACVB is facilitating landscape improvements to Saint Sebastian Way, (between Walton Way and Reynolds Street; including adjacent sections of Broad Street and Greene Street), Crreene Street (between Broad Street and St. Sebastian Way), Walton Way (between 13'� Street and 15�' Street), and on the new Medical Page 1 of 4 r , , . . ° , . . , (b) MISCELLANEOUS l. This Memorandum of Understanding shall be controlled by and construed in accordance with the laws of the State of Georgia. 2. Any notice given under this Memorandum shall be deemed given when provided in writing to the following persons: TO AUGUSTA, GA: The Augusta, Georgia Commission Attn: Administrator Fred Russell Room 801, Municipal Building 530 Greene Street Augusta, Georgia 30901 With a copy to: Augusta Recreation, Parks, and Facilities Department � . ` Attn: Tom Beck, Director � � PO Box 5605 Augusta, Georgia 30906 ., 3 ,, a ,`. R , y � TO AUGUSTA CONVENTION & VISITORS BUREAU: . ,� � Jennifer Bowen ` ' . Vice President of Product Development Augusta Convention & Visitors Bureau P.O. Box 1331 Augusta, GA 30903 This Memorandum of Understanding is the entire agreement between the parties, and may not be amended, except by a writing executed by both parties. IN WITNESS WHEREOF, Augusta and the Augusta Convention & Visitors Bureau have executed signed, sealed and delivered this Memorandum of Understanding as of the day and year first above written. AUGUSTA, GEORGIA ;� �� / B ��,�, ,� Y• �JrI WITNES David S. Co nhaver � Mayor � Page 3 of 4