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
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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.
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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
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AUGUSTA, GEORGIA
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State of Georgia •
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