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MEMORANDUM OF AGREEMENT <br /> <br />This Memorandum of Agreement (MOA) is made by and entered into this ____ day of November, 2015 (the Effective <br />Date) between the City of La Porte, a home-rule municipality under the laws of the State of Texas (the City) and the <br />Fairmont Park Homeowners Association (FPHOA) <br />Cooperation Project, as defined herein. The terms acceptable to both Parties to begin the Community Cooperation <br />Project are as follows: <br />The City and FPHOA agree that the Community Cooperation Project shall consist of procurement and installation of <br /> <br />Procurement and installation of three (3) picnic tables, three (3) trash cans, three (3) benches, and three (3) <br /> <br />barbecue pits. <br />along Collingswood Dr. <br /> <br />The City shall be responsible for the construction and installation of the Improvements. The City agrees to fund a sum <br />not to exceed $5,000.00 for construction and installation of the Improvements. In no instance shall <br />exceed $5,000. The City shall be responsible for all future maintenance of the Improvements and agrees to fund the all <br />costs associated with same. <br /> and provision of electrical service, <br />FPHOA agrees to pay the City a sum of 5,000.00, to be applied to the cost of construction and installation of the <br />Improvements. In addition, FPHOA shall provide its share of the funding for the Improvements within 30 calendar days <br />of the Effective Date of this MOA. If FPHOA <br />City reserves the right to terminate the agreement immediately. Should additional funds be necessary to complete the <br />Improvements, the FPHOA agrees to consider either funding the additional amount or reducing the scope of <br />Improvements. Any modification in scope shall be formalized with an amendment to this Agreement. <br />This MOA constitutes the complete understanding between the parties in order to begin the procurement and <br />installation process for the Improvements. <br />For the City of La Porte: <br />_______________________ ______________________ <br />Corby D. Alexander Attest: Patrice Fogarty, City Secretary <br />City Manager <br />For the Fairmont Park Homeowners Association: <br />_______________________ <br />Jo Ann Pitzer, President <br /> <br />