Agmt20 San Francisco Bay Area Water Emergency Transportation Authority RWC Ferry Project MOU Port-City-WETA

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Redwood City Ferry Facility and Service Project REV: 02-05-20 VR E ih/ City and Port are collectively referred to herein as "Redwood City". Redwood City and WETA may be individually referred to herein as a "Party," and collectively as the "Parties." 4. WETA On June 4, 2015 the WETA Board of Directors adopted a System System Expansion Policy attached hereto as Exhibit A and incorporated herein Expansion ("System Expansion Policy") to serve as a framework for evaluating the Policy feasibility of new ferry projects. This Policy is applicable to the proposed Project and it is the intent of Redwood City and WETA to explore the feasibility of developing a ferry terminal facility in the City of Redwood City. 5. Project WETA's 2016 WETA Strategic Plan indicates the desire to construct a Definition terminal and operate a ferry service in Redwood City. The Parties agree to work collaboratively to pursue public ferry service in Redwood City. The project is conceptually defined as a ferry terminal located in the eastern portion of the Port of Redwood City complex. The terminal will be capable of landing WETA vessels at a berthing facility consistent with WETA operational and design standards. In addition, the terminal facility will include upland property that provides automobile parking, bike and transit facilities and other features consistent with WETA terminals. The new ferry terminal will be capable of connecting to other terminals throughout the WETA system, including San Francisco, Oakland and the East Bay, special event terminals and future terminals currently in the planning or construction phase. 6. Partnering The City of Redwood City and WETA agree to work diligently and in good faith to actively evaluate the possibility of future ferry service at a Redwood City Ferry Terminal located in the Port of Redwood City by, among other things, working cooperatively in areas such as funding and grants, community and stakeholder relations, environmental analysis and financial feasibility. Federal, state, regional or local funding for transit capital and operations may become available during the term of this MOU. Should the parties determine that the project is feasible and decide to move forward with project development, Redwood City and WETA will work in partnership and coordinate closely to actively pursue capital and operating subsidy sources for the Redwood City ferry service. WETA and Redwood City agree to work collaboratively to support one another in seeking and securing ferry grant funds (e.g. San Mateo County Measure A, regional transportation measures, federal discretionary funds, etc.) to support the Planning, Design, Construction, or Operation Phases for Redwood City ferry service, the latter of which includes ongoing operation and maintenance of vessels and facilities. Such support may include, but not REV: 02-05-20 VR E ih/