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SUPPLEMENTAL MATERIAL <br /> Item 11 Attachment 2 - Revised MOU Provided to the City Council <br /> After Distribution of Packet <br /> MEMORANDUM OF UNDERSTANDING "5/30 <br /> ? /3 J.a <br /> BETWEEN Date • / / <br /> THE CITY OF PLEASANTON AND THREE VALLEYS COMMUNITY FOUNDATION <br /> This MEMORANDUM OF UNDERSTANDING ("MOU") is entered into this xxth day <br /> of xxxxx, 2022, between the CITY OF PLEASANTON ("City"), a municipal corporation <br /> ("City"), and Three Valleys Community Foundation("3VCF"), a non-profit 501(c)(3) <br /> corporation whose address is 5960 Inglewood Drive, Suite 201, Pleasanton, CA 94588, and <br /> whose telephone number is xxx-xxx-xxxx ("3VCF"). <br /> RECITALS <br /> a. 3VCF provides a community benefit by supporting local nonprofits through . <br /> increasing local giving to create a region that provides an opportunity for a full and <br /> rewarding life for Pleasanton residents. <br /> b. The City is granting funds for 3VCF to provide this community benefit. <br /> NOW, THEREFORE, in consideration of the promises herein, the parties agree as <br /> follows: <br /> 1. Terms. This MOU shall commence on the date written above and shall expire on June <br /> 30, 2025. <br /> • <br /> 2. Services. Subject to the terms and conditions set forth in this Agreement, 3VCF shall <br /> provide to City the services described in Exhibit A. <br /> 3. Compensation. The City shall pay 3VCF for services rendered pursuant to this <br /> Agreement as described more particularly in Exhibit A. The payments shall be made on <br /> an annual basis upon receipt and approval of 3VCF's invoice. Total compensation for <br /> services and reimbursement for costs shall not exceed $50,000.00 <br /> a. Upon receipt of 3VCF invoice the City shall make payment within thirty(30)days of <br /> receipt. <br /> 4. Indemnity and Hold Harmless. 3VCF shall defend, indemnify, and hold harmless, <br /> the City and its officers, agents and employees from and against all claims, losses, <br /> damage, injury, and liability for damages arising from, or alleged to have arisen from, <br /> errors, omissions,negligent or wrongful acts of 3VCF in the performance of its services <br /> under this Agreement, regardless of whether the City has reviewed or approved the <br /> work or services which has given rise to the claim, loss, damage, injury or liability for <br /> damages. This indemnification shall extend for a reasonable period of time after <br /> completion of the project as well as during the period of actual performance of services <br /> under this Agreement. The City's acceptance of the insurance certificates required <br /> under this Agreement does not relieve the 3VCF from its obligation under this paragraph. <br /> 1 <br />