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AgdaPkt 2008-08-25 Joint City Council, HHCC and Redevelopment
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AgdaPkt 2008-08-25 Joint City Council, HHCC and Redevelopment
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8/28/2008 8:29:00 AM
Creation date
8/21/2008 4:00:03 PM
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CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
8/25/2008
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<br />6.18 <br />Page 16 <br /> <br />Exhibit B <br /> <br />AGREEMENT BETWEEN COUNTY OF SAN MATEO, <br />THE CITY OF REDWOOD CITY AND REDWOOD CITY SCHOOL DISTRICT <br />(Redwood City Community Schools) <br /> <br />PAYMENT SCHEDULE <br />July 1, 2008 through June 30, 2010 <br /> <br />I. PAYMENTS <br /> <br />In full consideration of the term pursuant to this Agreement, and subject to the provisions <br />of funding in paragraph 12.A of this Agreement herein, payment shall be made upon <br />receipt of District's invoice on or after July 2008 as follows: <br /> <br />A. County shall pay Redwood City School District one payment of ONE HUNDRED <br />THIRTEEN THOUSAND SIX HlJNDRED SEVENTY SIX DOLLARS ($113,676). <br /> <br />B. City will pay Redwood City School District one payment of ONE HUNDRED <br />THOUSAND DOLLARS ($100,000). <br /> <br />C. Ftmds for FY 2009-10 will be negotiated and reflected in a form of an amendment to <br />the Agreement. <br /> <br />14 <br />
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