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HomeMy WebLinkAboutExhibit CPork - Foundation April 21, 2015 Ms, Meg Daly Founder and President Friends of the Underline 55 Merrick Way Suite 202B Coral Gables, FL 33134 Dear Meg: Board of Directors Raul A. Garcia, President Dick Anderson, Vice President James DiBernardo, Secretary Malra Dlaz-Glusti, Treasurer Karen Evans lvonne Fernandez Jack*Kardys Lisa Martinez Grant Miller John Squitero Please accept this letter as instruction from the Parks Foundation of Miami -Dade (Parks Foundation) to The Friends of the Underline (Friends) regarding a grant of '6200,000 from the City of Miami to be directed to the design and vision of the Underline in Miami Dade County, The City of Miami will provide a $200,000 grant to the Parks Foundation in May 2015 to be directed to Friends, This grant is to be used for the following: All of the funds will be directed to the planning and design of the Underline and specifically used to cover the expenses associated with the firm James Corner Field Operations, which was selected by Friends to execute this function. A report on how all funds are spent (including an itemized budget detailing expenses) is to be provided, with a progress report and copies of any drawings, on May 1, 2016 to theā€¢ Parks Foundation and copied to the City of Miami, attention: City Manager, Specific language from the City of Miarni grant includes the following and must be followed: e There must be an executed contract between the Friends and JameComer Field Operations before any of the grant funds can be issued or spent, A copy of the contract is to be provided to the Parks Foundation upon the execution of this agreement, 0 The Friends will share the plans that have been created with Parks Foundation within 12 months of receiving the grant as an update on how the City's funds Page 2, Friends of the Underline Agreement have been expended. A copy of the plans will also be sent to the City Miami: Attention City Manager. The Parks Foundation will make one payment of $200,000 to Friends upon receipt of this executed agreement and a copy of the contract between Friends and James Corner Field Operations, )3661A. Garcia, C.P.A. /Board President Park Foundation Meg Daly Founder and President Friends of the Underline