Contract 2022-012AAGREEMENT BETWEEN
THE CITY OF CLERMONT COMMUNITY REDEVELOPMENT AGENCY
AND CLERMONT DOWNTOWN PARTNERSHIP, INC.
DOWNTOWN PARKING FUNDING
THIS AGREEMENT is entered into by and between City of Clermont Community
Redevelopment Agency, hereinafter the "CRA" and the Clermont Downtown Partnership, Inc., a
Florida Not -For -Profit Corporation, whose address is 692 W. Montrose Street, Clermont, FL
34711, hereinafter referred to as "CDP."
WHEREAS, the CRA has agreed to provide funding to CDP for the CDP's use in
acquiring and maintaining public parking on private property, within the downtown area; and
WHEREAS, CDP has agreed to negotiate and pay for the leasing of private property for
public parking purposes.
NOW, THEREFORE, IN CONSIDERATION of the mutual terms, understandings,
conditions, promises and covenants set forth herein, the parties agree as follows:
1. Recitals. The foregoing recitals are true and correct and incorporated herein by
reference.
2. Parking. CRA agrees to reimburse CDP in the amount of ONE THOUSAND
DOLLARS ($1,000.00) for each month that CDP has secured for the unlimited use of the general
public parking on the private property referred to in Exhibit "A", attached hereto and incorporated
herein. In the event that the parking area is only available for a portion of a specific month, CRA
shall reimburse CDP for a prorated portion of the above amount based on the number of days that
the parking area was available for public use.
3. Funding. CDP shall provide invoices to CRA no more frequently than once per
month for the funding amount set forth herein. All invoices shall be in a format and contain such
information as may be reasonably requested by CRA and shall be subject to review and approval
by CRA acting through its assigned staff. All accepted and approved invoices shall be paid within
thirty (30) days of the date of receipt by the CRA.
4. Reporting Requirements. Upon request of CRA, CDP shall provide CRA with a
status report, including, but not limited to, information regarding use of the parking area.
5. Term. The term of this Agreement shall remain in effect unless terminated by
either party with or without cause and upon thirty (30) days prior written notice.
6. General Provisions.
A. Notices. All notices shall be in writing and sent by United States mail, certified
or registered, with return receipt requested and postage prepaid, or by nationally recognized overnight
courier service to the address of the party set forth below. Any such notice shall be deemed given
when received by the party to whom it is intended.
Licensee: 692 W. Montrose Street
Suite D
Clermont, FL 34711
Attn.: Keith Mullins, Registered Agent
City: City Manager
City of Clermont
685 West Montrose Street
Clermont, FL 34711
Each party may change its mailing address by giving to the other party, by hand delivery,
United States registered or certified mail, notice of election to change such address.
B. Modification. No modification, amendment, or alteration of the terms or conditions
contained herein shall be effective unless contained in a written document executed by the parties
hereto, with the same formality, and of equal dignity herewith.
C. Severance. The invalidity or unenforceability of any particular provision of this
Agreement shall not affect the other provisions hereof, and this Agreement shall be construed in
all respects as if such invalid or unenforceable provisions were omitted.
D. Scope of Agreement. This Agreement is intended by the parties to be the final
expression of their Agreement, and it constitutes the full and entire understanding between the
parties with respect to the subject hereof, notwithstanding any representations, statements or
agreements to the contrary. This Agreement supersedes and replaces the Previous Agreements
between the parties.
E. Entire A gr�. eern t. This Agreement, together with any exhibits or attachments
hereto constitutes the entire agreement between the parties and incorporates all discussions
between the parties. This Agreement may not be amended or modified except by a writing signed
by the party to be charged.
IN WITNESS WHEREOF, the parties have executed this agreement on the dates set forth
below for the purposes set forth herein.
Attest:
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BY: C
Tracy Ackroyd Howe, City Clerk
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Clermont Downtown Partnership, Inc.
Ki berly Grog President
Date:
City of Clermont Community
Redevelopment Agency
Tim Murry, C irm
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Date: - Z-Z—