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b. Project Dispute Resolution. With regard to any dispute associated with this agreement, before any party may file an action or claim against the other party, the parties shall meet and attempt in good faith to resolve any such disputes. Nothing in this section shall in any way be interpreted as requiring that the parties reach agreement with regard to those matters being addressed, nor shall the outcome of these meetings be binding in any way on the parties unless expressly agreed to in writing by the parties to such meetings. 6. Funding Commitments and Opportunities for Reimbursement. a. The Parties will share equally in the design costs associated with the master planning process and the Phase I improvements. b. The City will waive all fees and expenses associated with zoning, entitlements and permitting for the Project. c. The City will commit a minimum of Five Million Dollars ($5,000.000) in Fiscal Year 16-17 toward the Project, which includes the appropriation of One Million Dollars ($1,000,000.00) from that certain Development Agreement between the City and Stanford University. d. The City will pay the costs incurred in connection with the environmental review requirements associated with the development of the Project pursuant to the California Environmental Quality Act and City regulations, hereby defined as "CEQA Costs." In the event the Project is finally approved by the lead agency and all relevant appeal periods have been exhausted ("Project Approval"), the YMCA-SV will reimburse the City for Fifty Percent (50%) of all the CEQA Costs. As prescribed in Section 4.c., above, the City will be solely responsible for the oversight of the CEQA consultant's budget, and the YMCA-SV will provide comments and input on the scope of work. The Parties will periodically meet to inform YMCA-SV of the progress of the CEQA process. e. The cost of Project-related road improvement needed for mitigation of traffic impacts caused by the Project and/or needed for ingress/egress to the Project site, if any, shall be shared equally by both Parties. If the City opts to make general road improvements around the Project site that are unrelated to mitigation or ingress/egress for the Project, such improvements shall be completed and paid for by the City. f. Each Party will be responsible for the accounting, management and collection of contributions made to the Project, throughout the Predevelopment, Entitlement, Design and Construction processes. 7. Future Agreements. The Parties seek to exclusively negotiate future written agreements necessary to effectuate their partnership, as follows: a. Ground Lease. The Parties will negotiate in good faith a 49-year Ground Lease (plus one, 5-year Lease extensions) for that certain portion of the Property where the YMCA ATTY/AGR/2016.125/RWC-YMCA EXCLUSIVE NEGOTIATING AGREEMENT REV: 07-18-16 VR Page 5 of 12