Agmt19 YMCA of Sillicon Valley Master Project Agmt.

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ORIGINAL MASTER PROJECT AGREEMENT THIS MASTER PROJECT AGREEMENT (this "Agreement") is made and entered into effective as of December 16, 2019 (the "Effective Date") by and between THE CITY OF REDWOOD CITY, a charter city and California municipal corporation ("City") and THE YMCA OF SILICON VALLEY, a California non-profit corporation ("YMCA -SV"). City and YMCA -SV are sometimes referred to herein, individually, as a "Party" and, collectively, as the "Parties"): RECITALS A. City owns certain real property containing approximately 5.4 acres (the "Project Site") within Red Morton Park, located at 1455 Madison Avenue, Redwood City. The Project Site currently contains the Veterans Memorial Building Senior Center (the "Existing VMSC"), Senior Center Annex, Herkner Pool, Gift Shop/Administration Building, NFL Alumni Building, and surface parking. A Map of the Project Site is attached hereto as Exhibit "A" and incorporated herein by reference. The Project Site consists of Assessor Parcel Numbers (APN) 058-186-040, 058-196-040 and 058-184-040. B. The improvements on the Project Site are heavily used but are outdated and in deteriorating condition. Over the last few years, the City has undertaken a master planning effort, including community meetings, and user studies to ascertain what types of replacement facilities would best meet the community's changing needs. C. Concurrently, the YMCA -SV has been undertaking its own planning efforts as it has become increasingly difficult to accommodate the growing demand for its programs at the existing facilities on Hudson Street in Redwood City. D. The Parties entered into an Exclusive Negotiating Agreement ("ENA"), dated July 22, 2016, in order to negotiate the terms of a recreational and wellness complex on the Project Site to provide replacement City facilities for the VMSC (the "New VMB/SC"), new YMCA facilities, and common areas including parking, walkways and other pedestrian areas, landscaping and internal ingress/egress roads, and provide for the sharing of certain costs. E. Pursuant to the ENA, the City commissioned the preparation of an Environmental Report ("EIR") for the Project, in compliance with the requirements of the California Environmental Quality Act (Pub. Res. Code § 21000 et seq.). The Draft EIR was circulated for public comment, and the Final EIR was certified by the City Council on December 16, 2019. The City and YMCA -SV shared the costs of the preparation of the Draft and Final EIR equally. F. The Parties desire to establish a long-term, collaborative relationship to develop and maintain recreational and wellness facilities to serve both of their constituencies and to achieve certain economies of scale by locating both of their facilities on the Project Site. The Parties further desire to memorialize their mutual goals, responsibilities and other components of the collaborative arrangement described herein. ATTY/AGR/2019.316/YMCA MASTER PROJECT AGREEMENT