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MOU-Auto Mall Sign Page 2 of4 <br />May 2004 <br />Exhibit 2. The Signs, which phrase refers to Sign A and Sign B, shall be constructed, installed, and <br />maintained by SLAMDA pursuant to the terms of this MOU. <br />SECTION 3. Fabrication, Installation, and Maintenance. SLAMDA is solely responsible for <br />fabricating, installing, and maintaining the Signs, and obtaining all City and/or other public agency <br />permits and/or approvals required for the construction, installation, and maintenance of the Signs. <br />The Signs must be maintained in good to excellent condition, as determined by the Agency in its sole <br />and absolute discretion through the term, hereinafter described, of this MOU. <br />SECTION 4. Staff Support. SLAMDA is a fully independent contractor and shall provide all <br />necessary staff support far its activities. Neither the Agency nor the City of San Leandro shall be <br />responsible for providing staff support to SLAMDA, although the parties acknowledge and agree <br />that SLAMDA may consult City and Agency staff on an occasional basis. <br />SECTION 5. Fundin .The Agency agrees to reimburse SLAMDA for the direct costs it incurs for <br />the fabrication and installation of the Signs up to an amount not to exceed $33,300.00. Within 30 <br />days after installation of the Signs on the site, SLAMDA shall prepare and submit no more than <br />three, and no less than one invoice(s) and receipts to the Agency detailing the costs of the <br />construction and installation of the Signs. Agency staff agrees to review the invoice(s) and <br />documentation submitted to it and provide SLAMDA with payment by check within 30 days if, in <br />the Agency's sole and absolute discretion, the Agency finds that the costs are reimbursable under the <br />terms and conditions of this Agreement. The Agency will not reimburse SLAMDA for any costs <br />associated with maintenance of the Signs throughout the term of this Agreement. It is expressly <br />understood that the Agency will not reimburse any costs for installation or maintenance of <br />landscaping associated with the Signs. It is expressly understood that the Agency will not reimburse <br />any overhead costs, including insurance charges, incurred by SLAMDA during the term. <br />If during the term of this Agreement, Sign A suffers major structural damage such that <br />representatives of the Agency and SLAMDA agree it shall be removed because it is a hazard to the <br />public and/or a blight to the community, SLAMDA shall be solely responsible for removing Sign A <br />and/or fabricating, installing, and maintaining a replacement sign similar in all respects to its <br />predecessor. The Agency shall reimburse SLAMDA for up to fifty percent (50%) of the direct costs <br />of fabrication and installation of the replacement sign up to a maximum Agency contribution of <br />$15,000 per single occurrence. <br />SECTION 6. Placement of Franchises on Sign A. SLAMDA will provide a panel equivalent in size <br />and design to all other panels on the western face of Sign A for each new-automobile franchise on <br />the Marina Boulevard Auto Mall, which extends on Marina Boulevard between I-880 and San <br />Leandro Boulevard. Placement of each panel relative to others on the Sign is at the discretion of <br />SLAMDA and the Agency will not adjudicate disputes between dealerships as to positioning or <br />placement. Each panel of Sign A shall contain a minimal amount of text (primary brand sold at each <br />franchise), no more than two words, and a directional arrow. Payment for creating new panels <br />required by amving and changing new automobile dealerships will be assessed by SLAMDA to the <br />dealership requesting the panel be fabricated or changed, and the amount may not exceed direct costs <br />to SLANIDA. The parties acknowledge that the Agency recommends that SLAMDA should adopt <br />by unanimous vote a policy for placement of dealerships on the panels on Sign A. <br />