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HomeMy WebLinkAboutMEMORANDUM OF UNDERSTANDING AND CONVENTION & VISTORS BUREAU . + . MEMORANDUM OF UNDERSTANDING This Memorandum of Understanding (hereinafter "Memorandum") made this � day of ��,�,,,�- , 2012, 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 Pariy of the Second Part. WHEREAS, the Augusta Convention & Visitors Bureau is the overseeing entity of T'he 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 Augusta owned medians and to install an irrigation improvement system on Alexander Drive between Riverwatch Parkway and Washington Road; 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, the parties desire to provide for installation of an irrigation improvement system the parties hereby agree as follows: (a) LINDERSTANDING Augusta, Georgia and ACVB do hereby agree to the following: l. The ACVB is facilitating landscape improvements to Alexander Drive (between Riverwatch Parkway and Washington Road). The total estimated cost of improvements is $135,000.00 (one hundred and thiriy-five thousand dollars). All Page 1 of 4 , � , project management and administration shall be performed by ACVB; while maintenance to said area will be provided for by private parties 2. The total estimated cost of a Calsense (or equal) irrigation system installation is $49, 500.00 (forty-nine thousand and five hundred). 3. Augusta shall contribute funding not to exceed $135,000.00 (one hundred and thirty-five thousand dollars) of its own funds toward the total cost of improvements using funding sources as follows: SPLOST VI Garden City Beautification Incentive. 4. Augusta's contribution shall be paid in two equal installments of $67,500.00 (sixty-seven thousand and five hundred dollars), the first after Augusta's approval, acceptance and execution of this MOU, and the second after the completion of the installation of the imgation system. Inspections by Augusta representative shall be performed to insure proper completion for both installments. 5. The ACVB shall arrange to plan, coordinate and commence construction of the improvements, at its own expense, at any time after execution of this agreement and with full knowledge that any and all permits required by Augusta are in place and be reimbursed for the same under the conditions as outlined in number four (4) above. 6. Upon coinpletion of the improvements, the scheduled improvements and/or new facilities shall Uecome permanent fixtures to the property owned by Augusta and the ACVB shall have no ownership in same. (b) TIME/TERMINATION This Memorandum will remain in effect, only so long as the aforesaid conditions remain in effect. (c) MISCELLANEOUS 1. This Memorandum of Understanding shall be controlled by and construed in accordance with the laws of the State of Georgia. Page 2 of 4 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 Director 2027 Lumpkin Road Augusta, Georgia 3090G TO AUGUSTA CONVENTION & VISITORS BUREAU: Barry White President & CEO 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 WIT'NESS 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. SIGNATURES ON THE FOLLOWING PAGE Page 3 of 4 AUGUSTA, GEORGIA � By: �-�-c��� WITN SS r �?�vi�l��. Copenhaver-- �-- ��� .. Mayor { . lo�C�/��z � $ �� � ���'� Attest: �� �� � �� � � (i �G7e;c%!�%cv � Lena J. , o er � . ; �`, As Its '�C1ex,k"d��ommi�sion ; NOTA q�l� fi .'�r / R^' Richt7� L ,�t���`'.,eorgia f2 � � ��, My �o�$ni�}Sn'E�'e� Q i / - ��'-�'� : / �s�� �/8� o .a� C�� ; (SEAL) . ��1���e�:::«:'v '�`.: � ��y� `= ���` AUGUSTA CONVENTION & VISITORS BUREAU _� By. WITNESS As Its� � � �' � � F NOTARYP �G�`cv4r'v�� County, State of Georgia • My Commission Expires: � �y Page 4 of 4