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AGREEMENT BETWEEN EAST BAY DISCHARGERS AUTHORITY <br />AND THE CITY OF SAN LEANDRO FOR TREASURER AND <br />CONTROLLER SERVICES <br />This Agreement ("Agreement") is made and entered into as of the 1st day of January, <br />2008, by and between East Bay Dischargers Authority ("EBDA")and the City of San Leandro <br />("the City") <br />Recitals <br />WHEREAS, Sections 7(h) and (i) of the EBDA Joint Powers Agreement permit EBDA <br />to designate one of its member agencies to serve as Treasurer and Controller of EBDA; and <br />WHEREAS, the parties agree that it is in the best interests of each member agency that <br />the current system of independent oversight of investments and disbursements be strengthened <br />through the use of the accounting and treasury management services of the City; and <br />WHEREAS, the City is one of the five member agencies of EBDA which would <br />specifically benefit from this Agreement; and <br />WHEREAS, the City has personnel capable of serving in the capacity of Treasurer and <br />Controller for EBDA; and <br />WHEREAS, EBDA and the City hereby agree as follows: <br />1) The City's City Manager, or his designee, shall serve as Treasurer and <br />Controller of EBDA. The responsibilities and duties to be performed as Treasurer and <br />Controller are those specified in Sections 7(h) and (i) of the EBDA Joint Powers Agreement <br />dated February 15, 2007 and as later described in any amendment thereto. In addition, City <br />shall perform all duties in conformance with EBDA's Financial Management System Policy <br />and Procedures Manual. <br />