HomeMy WebLinkAboutCB RANCH ENTERPRISES; 2007-05-01; (10)c o
Citv of Carlsbad
Planning Department
May 1,2007
CB Ranch Enterprises
Chris Calkins
5600 Avenida Encinas, Suite 100
Carlsbad CA 92008
SUBJECT: AGRICULTURAL CONVERSION MITIGATION FEE GRANT
FUNDING AGREEMENT
I am pleased to inform you that the Carlsbad City Council approved the Agricultural
Conversion Mitigation Fee Ad Hoc Citizens Committee's recommendation that you/your
organization receive $316,500.00 in Agricultural Conversion Mitigation Fee Grant funding.
The grant funding is to be used for the following purpose(s): a greenhouse with benches
and related materials to initiate a trial production of Cymbidium Orchids (a potential
crop for the Flower Fields) as described in your Grant Proposal No. AGP 06-05 -
Cymbidium Project, excluding the costs of plants and "potting-up".
This letter is to serve as a Letter of Agreement. The grant funds will be awarded in phases
and upon the achievement of milestones according to the attached project schedule. Any
project that is awarded funds will be required to meet agreed-upon milestones. (Some
projects will be a single-phase project.) If you need to make changes in your grant proposal
project or schedule, please contact the Planning Department. Please have both of the people
who signed the grant application sign this agreement and retum it in the enclosed envelope.
City staff will then forward the letter to the Mayor for signature. Once the agreement has
been signed by the applicants and the mayor, we will begin the initial release of funds
according to the approved milestone/funding schedule. If the fiinds are not spent for this
specific purpose, they must be retumed to the City. In addition, failure to satisfy the agreed-
upon milestones will result in project reconsideration and possible cessation of funding.
Grant recipients are required to recognize on all printed material that the project is funded in
part or in full by the City of Carlsbad.
A fmal report on how the funds were spent and what the project accomplished must be filed
with the City of Carlsbad once the funds are spent or within one year of receipt of the money,
whichever comes first. In addition, you agree to maintain original records (i.e., receipts) for
at least five years from the date on which you receive your final grant funds and make
them available to the City should they request to audit them.
1635 Faraday Avenue • Carlsbad, CA 92008-7314 • (760) 602-4600 • FAX (760) 602-8559 • vwvw.ci.carlsbad.ca.us
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Agricultural ConversionMitigation Fee Grant Funding Agreemem
May 1,2007
Page 2
Thank you for your participation in the Agricultural Conversion Mitigation Fee Grant
process. Should you have any questions, please feel free to call Scott Donnell at 602-4618.
Smcerely,
DON NEU
Planning Director
I/We hereby agree to all of the above.
Date ' YMayoK^^tai/dh A. "Bud" Le.
Date
Date