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Mr.Keith Alexander, City of Decatur—May 12,2009—Page 3 <br /> AGREEMENT FOR FINANCIAL SUPPORT <br /> Upon acceptance by the City, this letter shall constitute an agreement between the City of <br /> Decatur and the Agricultural Watershed Institute. <br /> The City agrees to provide $25,000 in financial support to AWI during the period from May <br /> 2009 through Apri12010. Twelve monthly payments of$2,08333 each will be made by the City <br /> beginning in May 2009. This agreement may be terminated by either party provided that 5 <br /> calendar days written notice has been received by the other party. <br /> During the term of this agreement AWI agrees to maintain the insurance coverages stated in the <br /> attached Certificate of Liability Insurance and name the City of Decatur as an additional insured <br /> on all such coverages. <br /> AWI agrees to perform work as described herein. AWI further agrees to meet at least twice <br /> during the term of this agreement with Keith Alexander and John Smith (or other representatives <br /> that may be designated by the City) to review AWI research and educational activities and <br /> discuss future directions and City priorities. Quarterly progress reports including financial <br /> summaries will be submitted to the City no later than 15 business days after July 3l, October 31, <br /> and January 3l. An annual report including an annual financial summary will be submitted to <br /> the City no later than 15 business days following April 30. It is understood and agreed by the <br /> parties that the City financial support to AWI will be leveraged by including it as match and <br /> indirect support on current and future grant-funded projects. <br /> Very truly yours, <br /> THE AGRICULTURAL WATERSHED INSTITUTE <br /> Stephen F. ohn <br /> Executive Direc r <br /> Attest:� Date: S'- l�- �S <br /> T. . h augh, III, Board Chairman <br /> ACCEPTED Y CITY OF E UR: <br /> 6 <br /> By� Date: ' '� <br /> Micha Elr , Ma or C� <br /> Y <br /> Attest: �-- <br />