The contract is an Intergovernmental Agreement between the Town of Fountain Hills and the Salt River Pima-Maricopa Indian Community, where the Community will provide $50,000 to the Town for a tourism collaboration in support of the annual "Music Fest" event. The agreement outlines the rights and responsibilities of both parties and includes provisions for payment, use of funds, and termination.
• The agreement is for a period of one year, starting from the date of signature.
• The Town of Fountain Hills will use the funds for the express purpose of supporting the "Music Fest" event.
• The Salt River Pima-Maricopa Indian Community reserves the right to inspect and audit the Town's records related to the transaction.
• The agreement includes provisions for indemnification and severability.
• The agreement is subject to cancellation by the Town pursuant to Arizona Revised Statutes.