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CDBG, and the Grant Application, as defined below (together, the "NSP2 <br /> Requirements <br /> F. In conformance with the NSP2 Requirements, by December 1, 2009, the Lead <br /> Member is required to enter into a separate agreement with each Member that sets out (i) <br /> the responsibilities of the Member under the NSP2 Program, (ii) the manner in which <br /> NSP2 funds are to be allocated to the Member, (3) timetables within which the Member's <br /> activities are to be completed, and (4) the Member's obligation to comply with applicable <br /> NSP2 Requirements. This Agreement is intended to satisfy that NSP2 Requirement with <br /> respect to the City. Contemporaneously with the execution of this Agreement, the Lead <br /> Member is entering into substantially similar agreements with the other Members. <br /> G. Pursuant to the Consortium Agreement, the County, as Lead Member, is obligated <br /> to form a steering committee, consisting of one representative from each Member (the <br /> "Steering Committee The purpose of the Steering Committee is to enable the <br /> Members to cooperatively carry out the NSP2 Program and to facilitate the commitment <br /> of Consortium Funds (as defined below) in a timely manner. The Members intend to <br /> cause the Steering Committee to meet at least once per month during the first year <br /> following the HUD Award Date (as defined below), and quarterly thereafter. <br /> H. The Parties acknowledge that if Consortium Funds are not awarded by HUD, this <br /> Agreement will be terminated and will have no force or effect. <br /> In consideration of the mutual promises and agreements set forth below, the <br /> parties agree as follows: <br /> ARTICLE 1. <br /> DEFINITIONS AND EXHIBITS <br /> Section 1.1 Definitions. <br /> The following capitalized terms have the following meanings: <br /> (a) "ARRA" has the meaning given in Recital A. <br /> (b) "Agreement" means this Consortium funding agreement <br /> (c) "CDBG" has the meaning given in Recital A. <br /> (d) "City" means the City of Pleasanton. <br /> (e) "Consortium" has the meaning given in Recital C. <br /> (t) "Consortium Agreement" has the meaning given in Recital C. <br /> (g) "Consortium Funds" means NSP2 funds granted to the Consortium <br /> by HUD. <br /> Alameda County and City of Pleasanton <br />