Laserfiche WebLink
Joint Powers Agreement — City of Fremont and City of San Leandro <br />Animal Shelter Services <br />Pa of 6 <br />distribution of the Participating City Population. All population statistics shall be <br />obtained by Fremont from the State of California human population statistics. <br />3A. The Annual San Leandro Land Utilization Payment and Annual San Leandro Facility <br />Construction Payment shall be paid on the first day of the year, in advance, so long as <br />this agreement is in force and effect. <br />4. Early Termination. If 'San Leandro elects to withdraw from this agreement before the <br />expiration of the initial five year term, San Leandro will pay an amount equal to 90% of the <br />rie:t present value of all remaining annual payments under the Annual San Leandro Land <br />Utilization Payment and Annual San Leandro Facility Construction Payment. This <br />percentage will be applied to the payments based on the population ratio in effect at the date <br />of'withdrawal, computed using a 9.75% interest rate. <br />