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RecDoc 2013-166544
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RecDoc 2013-166544
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Last modified
1/2/2014 12:42:17 PM
Creation date
1/2/2014 12:39:28 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Stanford in Redwood City
Doc Num
2013-166544
Rec Date
12/10/2013
APN
054-141-230, 054-150-140, 154-150-120, 054-150-150
Address
35 Acres site 450 Broadway, 101, 550 Broadway, Broadway/Douglas, FS 11
Parties
Board of Trustees Stanford University
Document Relationships
RecDoc 2017-037383
(Message)
Path:
\City Clerk\Recorded Docs CC&Rs\Recorded Docs 2013-2020 Additional sub folders\Recorded Documents 2013-2023 (additional sub folders)\Maintenance Agreement
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opportunity costs. In no event can dates be cancelled or rescheduled upon less than 60 days <br /> notice. <br /> d. Marketing Materials. In order to assist the City in soliciting attendees, the <br /> GSB will develop and produce up to 500 total copies of written materials, such as a brochure or <br /> flyer, as well as web-based content to describe each one-year Entrepreneurship Boot Camp. City <br /> will be responsible for publicizing the program and disseminating the marketing materials. <br /> e. Initial Bud�et Allocation. Because the Entrepreneurship Boot Camp is a <br /> customized program, with sessions attended exclusively by the City's selected participants, the <br /> GSB's annual cost of providing the program is fixed and will not vary if fewer than 40 <br /> participants attend the sessions during a one-year cycle. The initial budget allocated to this <br /> program is $500,000 per year for the five years following commencement of the <br /> Entrepreneurship Boot Camp program, for a total amount of$2,500,000. <br /> f. Effect of Fees Char�ed to Participants andlor Reallocation of Bud e� ted <br /> Amounts. The City Manager may choose to require program participants to pay a fee to attend <br /> the Entrepreneurship Boot Camp. If the City Manager requires participants to pay such a fee, the <br /> participants will remit payment directly to the GSB. The GSB will hold such payments in a non- <br /> interest bearing account established to supplement the Entrepreneurship Boot Camp program's <br /> budget allocation. By mutual agreement, the City Manager and Developer also may elect to <br /> reallocate to the Entrepreneurship Boot Camp program budget all or any portion of the unused <br /> amounts allocated to other programs described in this Exhibit C. <br /> g. Extension of Program Beyond the Initial Five-Year Period. The GSB will <br /> continue to provide the Entrepreneurship Boot Camp program until the budget allocated to this <br /> program has been expended (the initial budget allocation plus any supplemental amount <br /> collected from attendees and any amount reallocated to this program from other programs). <br /> After the initial five-year period, the GSB may increase the annual cost for the program in an <br /> amount that is consistent with the retail price that the GSB charges for substantially similar <br /> custom programs. When the remaining budgeted amount for the program is less than the annual <br /> cost for the program, the remaining budgeted amount will be reallocated to a different program <br /> described in this Exhibit C. <br /> 2. Manag,ement Pro�ram for City Employees. The GSB will provide, at no cost to <br /> City, two management training programs customized for mid-level and senior City employees <br /> ("Management Program"). The content of and schedule for the Management Program will be <br /> determined by the GSB after consultation with the City Manager, or his or her designee. <br /> Example topics include Critical Analytical Thinking, Innovation, Negotiation, Leadership, <br /> Finance, and Communications. <br /> a. Selection of Participants. The City Manager or his or her designee will <br /> select (i) up to 12 senior level employees to attend a Management Program of up to 5 total days <br /> in duration and (ii) up to 40 mid-level employees to attend a separate Management Program of <br /> up to 5 total days in duration. <br /> EXHIBIT C <br /> 2 <br /> ATTY/AGR/2013.134/STANFORD DEVELOPMENT AGREEMENT <br /> REV: 08-14-13 PT <br />
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