The Murphy Veterans Tribute Project is a funding agreement between Collin County, TX, and the Murphy Tribute Association. The project involves the construction of a tribute in the City of Murphy, Collin County, Texas. The County agrees to fund a portion of the total cost, up to $109,218. The Association is responsible for arranging the construction of the project and providing quarterly progress reports. The project must remain open and accessible to all County residents. Key aspects of the contract include:
• The County's funding assistance is limited to $109,218.
• The Association is responsible for arranging the construction of the project.
• The Association must provide quarterly progress reports and an itemized final accounting of expenditures.
• The project must remain open and accessible to all County residents.
• The County and the Association agree to indemnify each other against claims and losses.