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6.B. -Pa e8of13 <br />redwood City Ferry Facility and Service Project <br />Phase 1 Feasibility Phase, if any, will be managed by WETA with <br />assistance and participation by Redwood City. <br />9. Contracting I City has contracted for professional services to conduct the Feasibility <br />Study. <br />10. Funding The Feasibility Study is funded through SMCTA's Measure A program <br />along with a local match provided by the City. The SMCTA has an <br />agreement with the City of Redwood City but is not a part of this MOU or <br />any separate agreement with WETA. <br />11. Feasibility It is anticipated that the Feasibility Study will conclude with a determination <br />Determination , by Redwood City and WETA regarding the feasibility of ferry service to and <br />from Redwood City. If, upon completion of the Feasibility Study, either <br />Redwood City or WETA determines that ferry service to and from <br />Redwood City is infeasible or that it no longer desires to proceed with <br />further work on the proposed Project, this MOU shall automatically <br />terminate and the Parties shall have no further obligations under this MOU. <br />12. Business Plan <br />and Next <br />Steps <br />REV: 02-05-20 VR <br />At the conclusion of the Phase 1 Feasibility phase, the Parties, subject to <br />identification of sufficient funding, may elect to develop a Business Plan. <br />SMCTA, requires Redwood City to develop a Business Plan in order to <br />receive future Measure A funding for construction of a ferry terminal. The <br />Business Plan will address the Parties' respective roles and efforts related <br />to building ferry ridership. The Business Plan will be subject to the <br />concurrent approvals by the City Council, Port Commission and the WETA <br />Board. <br />WETA acknowledges that the Business Plan is required for the City to <br />obtain necessary Measure A funding from SMCTA, and agrees to provide <br />input in connection with development of such plan. <br />If the Business Plan is accepted by SMCTA and the Parties agree to <br />proceed to the Planning phase of the Project, the Parties will amend this <br />MOU or enter into a new agreement defining specific roles and <br />responsibilities, including funding, for subsequent Project phases. <br />RE <br />W/ <br />22 <br />