The contract is an intergovernmental agreement between the Town of Fountain Hills and the Salt River Pima-Maricopa Indian Community (SRPMIC) for the distribution of a portion of the SRPMIC's annual contribution. The SRPMIC will provide $30,000 to the Town of Fountain Hills for the town's tourism program. The agreement outlines the responsibilities of both parties, including the use of funds, record-keeping, and indemnification. Key points of the agreement include:
• The SRPMIC will provide $30,000 to the Town of Fountain Hills for the town's tourism program.
• The Town of Fountain Hills will use the contribution only for the express purpose contained in the agreement.
• The SRPMIC reserves the right to inspect any and all records maintained by the Town of Fountain Hills with respect to this transaction.
• The agreement will terminate when the contribution has been received and fully used by the Town of Fountain Hills.