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AC Contract No. 1992-02BETWEEN THE KODIAK ISLAND BOROUGH and KODIAK LONGLINE VESSEL OWNERS ASSOCIATION THIS AGREEMENT is executed between the Kodiak Island Borough (hereinafter called the "Borough"), and KOIDAK LONGLINE VESSEL OWNERS' ASSOCIATION (hereinafter called the "GRANTEE"). WITNESSETH that: WHEREAS, the Borough has appropriated funds for the purpose of promoting opposition to the Individual Fishing Quota system; and WHEREAS, the GRANTEE is willing to undertake the performance of this grant under the terms of this Agreement. NOW, THEREFORE, the parties hereto agree as follows: ARTICLE I. GRANT PURPOSE. The purpose of the grant is to provide a monetary contribution for Fiscal Year 1991-92. ARTICLE II. GRANT CONDITIONS. The GRANTEE: 1. Will allow, on request from the Borough, an audit by the Borough of the uses made of the grant funds. All records must be kept for a period of three (3) years. 2. Will return to the Borough all grant funds received for operations, construction, or purchase of the public facilities if the Borough, upon reviewing the documentation provided and other evidence, determines that substantial, ongoing work on the project has not begun before June 1, 1992. 3. Will submit a year-end "grant report" (Exhibit "A") which will include the financial and progress status of this activity. This form is to be submitted by June 30, 1992 with copies of all expenditure documentation to: Mayors Office, Kodiak Island Borough, 710 Mill Bay Road, Kodiak, Alaska, 99615. ARTICLE III. TERMS OF PAYMENT. The total amount of the grant is $2,500.00 and shall be paid to the GRANTEE in advance, within ten (10) days of the effective date of this Agreement. ARTICLE IV. ADDITIONAL CONTRACT PROVISIONS. The effective date of this grant is the date the Agreement is signed by the Borough. this agreement. IN WITNESS WHEREOF, the parties have executed KODIAK ISLAND BOROUGH S,X------ 2N, 1 l � I Je me M. Selby, May Dated: l2�py Attest: (-DDyvrv, � Borough Clerk KODIAK LONGLINE VESSEL OWNERS' ASSOCIATION P.O. Box 135, Kodiak, AK 99615 Executive Director Dated: / , --2 -x - 9 a- Longliners Agreement Page 2 of 2 EXHIBIT A Organization: Kodiak Longline Vessel Owners' Association Grant Amount: $2,500.00 Grant Used For: Opposition to Individual Fishing Quota System The purpose of the grant is to provide a monetary contribution for Fiscal Year 1991-92 for opposition to the Individual Fishing Quota system. Amount Expended Year -to -Date: $ Balance: $ NOTE: REPORT DUE JUNE 30, 1992. PLEASE ATTACH COPIES OF ALL EXPENDITURE DOCUMENTATION (i.e., invoices, purchase orders, checks, etc.) ACTIVITIES ACCOMPLISHED: Submitted by: (signature) Title: Submit to: Mayor Kodiak Island Borough 710 Mill Bay Road Kodiak, AK 99615 Phone: 486-9300