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<br />MEMORANDUM OF UNDERSTANDING <br /> between City of San Leandro and Silicon Valley Community Foundation <br />regarding Silicon Valley/Alameda County Nexus Study Participation <br /> <br />This Memorandum of Understanding is dated 2015, and is entered into by and between the <br />City of San Leandro (“City”) and the Silicon Valley Community Foundation (“SVCF”). <br />The City wishes to participate in the Silicon Valley/Alameda County Nexus Study, a county-wide collaborative <br />effort. The purpose of the nexus study is to demonstrate the relationship between new housing or jobs and the <br />need for affordable housing in the community. The nexus study will provide the basis for a jurisdiction’s <br />affordable housing requirements (impact fees) and will document the permissible and recommended fee levels for <br />each jurisdiction for both residential and commercial development. <br />The City agrees to pay to Silicon Valley Community Foundation the maximum sum of $32,000 as its fair share of <br />the costs of the nexus study. In exchange for the City’s financial contribution, the City will receive an affordable <br />housing nexus study with a feasibility study specifically tailored to local market conditions for residential <br />development and a commercial linkage nexus study with a review of non-residential total development costs <br />specifically tailored to local market conditions for commercial development, as described in the attached scope of <br />work from Keyser Marston Associates. The City understands that the City’s financial contribution may be used to <br />develop support material for the nexus study, such as staff reports and presentations. <br />IN WITNESS WHEREOF, the parties have entered into this Agreement as of the date set forth above. <br /> <br />CITY OF SAN LEANDRO: <br />By: _________________________________ <br />Printed Name: Chris Zapata <br />Title: City Manager <br /> <br />Acknowledged by KEYSER MARSTON <br />ASSOCIATES: <br />By: ____________________________________ <br />Printed Name: David Doezema <br />Title: Principal <br /> <br />SILICON VALLEY COMMUNITY FOUNDATION <br />By: _____________________________________ <br />Printed Name: Erica Wood <br />Title: Chief Community Impact Officer <br /> <br />