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<br />o <br /> <br />Attachment 2 <br /> <br />7E <br />Page 7 <br /> <br />MEMORANDUM OF UNDERSTANDING <br /> <br />THIS MEMORANDUM OF UNDERSTANDING is between Target Corporation and The <br />Redevelopment Agency of the City of Redwood City. <br /> <br />1. Event Name <br /> <br />The summer concert series to be held in downtown Redwood City at the Courthouse <br />plaza shall be call~ Target Music on the Plaza. <br /> <br />2. Events Dates <br /> <br />The concerts will take place on the following dates: <br /> <br />Sunday, June 8 <br />Sunday, July 13 <br />Sunday, August 10 <br />Sunday, September 14 <br /> <br />(Hip Hop theme) <br />(Latino theme) <br />(pacific Islander theme) <br />( Caribbean theme) <br /> <br />Each event shall begin at Noon and end at 4:00pm and shall include additional <br />family type of activities in the Courthouse Plaza location. <br /> <br />In addition, a Target managed activity shall be identified for each event, whereby, <br />local Target employees shall volunteer their services. <br /> <br />3. Sponsorship <br /> <br />The Redevelopment Agency of the City of Redwood City hereby grants the <br />exclusive title sponsorship of "Target Music on the Plaza" on the following dates <br />(as outlined above). The Program will be referred to as "Target Music on the <br />Plaza" in all advertising, promotional or other materials prepared by or for the <br />Redevelopment Agency of the City of Redwood City. All materials must be sent to <br />Target in advance for final approval. <br /> <br />a) As title sponsor of "Target Music on the Plaza''. Target shall receive the <br />sponsorship benefits outlined in Schedule A. (see attached) <br /> <br />4. Sponsorship Fee <br />