Agmt14 San Mateo County Library JPA FY 14/15

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DUPLICATE O�I��o�r-��.�. AGREEMENT BETWEEN SAN MATEO COUNTY LIBRARY JOINT POWERS AUTHORITY AND CITY OF REDWOOD CITY THIS AGREEMENT,entered into this �day of ,2014,by and between the SAN MATEO COUNTY LIBRARY JOINT P�C)WERS AU ORIT ,hereinafter called°JPA,"and CITY OF REDWOOD CITY,hereinafter called"City"; WITNESSETH: WHEREAS, the County of San Mateo and the City of Redwood City have previously entered into a"Common Use/Shared Facility License Agreement" dated June 6, 1995 (hereinafter referred to as the "License Agreement");and WHEREAS,that License Agreement calls for the City of Redwood City to operate the Fair Oaks Library at the Middlefield Road facility,with the County contributing annually to the costs of that Library;and WHEREAS, the initial term of the License Agreement is to"continue in effect as long as both parcels are used for community serving facilities, but in any event the term of the Agreement shall be no longer than (30) years from"June 6, 1995,and WHEREAS,under the License Agreement the County contribution to the Fair Oaks Library was set at a base of $94,600 effective FY 1995-96, with increases or decreases each fiscal year set at the same rate as the change in the County Library's base property tax for the previous year;and WHEREAS, the County and the Cities served by the County Library entered into a Joint Powers Authority Agreement relating to library services in 1999; and WHEREAS, in July 2000 the JPA agreed to assume the County's obligation under the License Agreement to contribute to the operating costs of the Fair Oaks Library;and WHEREAS, the JPA Agreement indicated the JPA's intent to continue to support the Fair Oaks Library in recognition that it serves residents of the Fair Oaks unincorporated areas and, by this agreement, to establish a new base rate for annual contributions; NOW,THEREFORE,IT IS HEREBY AGREED: 1.PAYMENT OF OPERATING COSTS In consideration of the City's continuing to assume responsibility for operation of the Fair Oaks Library, the Library JPA will contribute funding to the operation of the Fair Oaks Library as follows. For the base year of 2013-14, under the terms of the expiring Agreement, the JPA has paid $290,637. For FY 2014-15, the base contribution shall be increased or decreased each fiscal year at the same percentage rate as the change in JPA's property tax revenue from the previous year. Said contributions shall be made from the JPA to the City on a quarterly basis. 2.TERM The term of this Agreement shall commence upon the execution of this Agreement by all parties and continue in effect through fiscal year 2014-15. ATTY/AGR/2014.109/AGR BTWN SAN MATEO COUNTY LIBRARY JOINT POWERS AUTHORITY&RWC REV:06-20-14 PT Page 1 of 2