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<br /> Co.1 ~r4 <br /> b. To provide oversight to the work of ongoing collaborative efforts <br /> and programs within the City that are working toward quality of life <br /> improvements. <br /> 2. Term. This Agreement shall be binc;;ng upon execution by all Parties. <br /> Unless earlier terminated, this Agreement will be effêGtive from July 1, 2003 until June <br /> 30, 2004. The Parties may extend this Agreement by written amendment. <br /> On behalf of the City, the City Manager may execute amendments to the <br /> Agreement to extend it for four (4) additional one (1) year periods or parts thereof in an <br /> amount not to exceed twenty-five thousand dollars ($25,000) per Agreement year. Such <br /> extensions will be based upon a satisfactory review of Redwood City 2020's <br /> performance, City needs, and appropriation of funds by the City Council. <br /> 3. Structure of Redwood City 2020. <br /> a. Operations Committee. The Redwood City 2020 Operations <br /> Committee is hereby established and shall be composed of senior staff from <br /> each of the funding partners of Redwood City 2020 - the City, County, <br /> Elementary School District, High School District, and the Gardner Center. <br /> b. Coordinatina Council. The Redwood City 2020 Coordinating <br /> Council is hereby established and shall be composed of one representative from <br /> each of the funding partner's governing boards (and one alternate member from <br /> each of these boards). <br /> c. The Operations Committee and the Coordinating Council shall <br /> follow the structure described in Exhibit A (Governance and Committee <br /> Structure), which is attached hereto and incorporated herein by reference. <br /> 5. Redwood City 2020 Staff. It is understood that Redwood City 2020 will <br /> require the services of an Executive Director and related support staff for its day to day <br /> operations. The Operations Committee will designate the City to contract for the <br /> Executive Director, Administrative Secretary and necessary staff on behalf of the <br /> Committee. The City will serve as fiscal agent for the employees and related expenses. <br /> 6. Fundina. Each of the Parties shall contribute at least twenty-two <br /> thousand, five hundred dollars ($22,500) annually to support the work of Redwood City <br /> 2020. The City, County, Elementary School District and High School District <br /> acknowledge that they have deposited said amount for Fiscal Year 2003-2004. The <br /> Gardner Center acknowledges that they have deposited twenty-five thousand dollars <br /> ($25,000) for Fiscal Year 2003/2004. <br /> a. As Fiscal Agent, the City is authorized to receive money on behalf <br /> of Redwood City 2020 and deposit same into a special deposit account in the <br /> City's General Fund. The money received on behalf of Redwood City 2020 shall <br /> AttylAgrlRC2020 Master Agreement <br /> 040104 2 <br />