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(` <br /> `-- --;\ <br /> SILICON VALLEY <br /> Y <br /> ommunit foundation' <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 /> This Memorandum of Understanding is dated November 2, 2015, and is entered into by and between the City of <br /> 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 /> CITY OF LEANDRO: <br /> By: CIA <br /> Nam : hris Zapata <br /> Title: City Manager <br /> Acknowledged by KEYSER MARSTON <br /> ASSOCIATES: <br /> ` . <br /> By: <br /> Printed Name: David Doezema <br /> Title: Principal <br /> SILICO 4 LLEY C MM TY FOUNDATION <br /> By: ot <br /> Printed Name: Erica Wood <br /> Title: Chief Community Impact Officer <br /> 2440 West El Camino Real,Suite 300 I Mountain View,California 94040-1498 I tel: 650.450.5400 I fax:650.450.5401 I www.siliconvalleycf.org <br />