HomeMy WebLinkAboutBlue Cross of Idaho Community Health Academy Grant Foundation for Health, Inc. Docusign Envelope ID:22F87D1F-540C-40FB-95F5-7342627E17FC
Blue Foundation
Cross of Idaho I for Health, Inc.
GRANT AGREEMENT
Blue Cross of Idaho Foundation for Health,Inc.(the"Foundation")is pleased to award City of Meridian(the"Grantee")with
a Foundation Grant(the"Grant"). The Grant is awarded subject to the terms and conditions stated in this Grant and any exhibits
or attachments thereto. Please read the terms and conditions of the Grant carefully before signing this document as the Grantee's
signature constitutes the Grantee's agreement and acceptance in full of all terms and conditions contained herein.
1. AMOUNT AND ADMINISTRATION OF AWARD
Subject to the terms and conditions set out in the Grant,the Foundation is pleased to award Grantee with a conditional Grant
of up to Twenty Thousand Dollars($20,000),which shall include any interest or income arising therefrom(the"Maximum
Grant Amount"). The Grant is conditional upon the proper execution of this Grant agreement by an authorized representative
of Grantee.
2. PURPOSE AND USE OF GRANT FUNDS
The Grantee shall utilize Grant funds exclusively for the one of the following purposes:charitable,educational,scientific or
literary purpose(or some approved variation)as more fully described in section 170(c)(2)(B)of the Internal Revenue Code.
Specifically, Grantee's purpose of all Grant funding from the Foundation is to support park and pedestrian improvements
within the city of Meridian. The Grantee agrees that Grant funds shall not be disbursed to any unrelat4 third-party
organizations,entities,or vendors without the express,written approval of the Foundation. The Grantee agrees to make its
books and/or records pertaining to the Grant available to the Foundation at reasonable times.
3. INDEMNIFICATION
In consideration for the issuance of Grant funds,the Grantee agrees to indemnify, defend and hold the Foundation and its
directors,officers,employees,agents,parent company and affiliates harmless from and against all allegations,claims,actions,
suits, demands, damages, liabilities, obligations, losses, settlements, judgments, costs and expenses (including without
limitation reasonable attorneys'fees and costs)which arise out of or relate to the Grant,or result from any act or omission of
Grantee arising from projects funded through or related to the Grant to the extent permitted by Idaho law.
4. GRANT TERMINATION
It is expressly agreed that any use by the Grantee of the Grant proceeds for any purpose other than those specified above or
if in the Foundation's sole judgment,the Grantee becomes unable to carry out the purposes of the Grant,or ceases to be an
appropriate means of accomplishing the purpose of the Grant,the Foundation may terminate the Grant at any time at its sole
option. In the event of termination under this section,any outstanding Grant amount payable shall be cancelled.
Now THEREFORE,the parties have read, understand and accept the terms and conditions stated in this Grant agreement. The
individuals signing this Grant agreement represent and warrant that they are duly authorized to be bound by its terms.The parties
do hereby execute this Grant agreement effective on the date that the BCI Foundation signs the Grant agreement.
City of Meridian Blue Cross of Idaho Foundation for Health,Inc.
("Gran "Authoriz�o R pressntative)
(af-
By: _ By:—�_ /
Title: Robert E. son,Mayor City of Meridian Title:
Date: 12-10-2024 Effective Date: 12/ �Z' ?i�
Attest:
8.15.2022 Chris Joh on,Ci ""'' 12-10-2024