JPA ECONOMIC DEVELOPMENT - Laserfiche WebLink

AGREEMENT: Alameda County shall assume a significant coordination role in implementing the countywide Alameda County Economic Development Program. An Economic Development Advisory Board consisting of public, private and non-profit agency representatives, specified in "Exhibit B" incorporated herein by reference, shall oversee and direct the work of the program. The parties shall direct appropriate City and County staff to fully participate in the special councils, committees, task forces and technical advisory groups to be convened on a permanent or ad hoc basis to advise and assist the Advisory Board and program staff, including the Alameda County Planning Council, City and County Economic Development Directors and ad hoc regulatory coordination technical advisory groups as described in the Implementation and Financing Plan. The parties shall share in meeting costs allocated to the 14 Cities and the County for participation in the program in accordance with the Schedule of Annual Cost Sharing incorporated herein and described by reference as "Exhibit C." The County of Alameda shall contribute an annual amount of $212,598 to the program for four years. The 14 Cities shall contribute a total of $214,837 annually for four years to the program in the proportions stated in Exhibit C. The indicated amounts for the Cities are based on a per capita distribution. A separate fund shall be established for the sole and exclusive purpose of receiving financial contributions for the Alameda County Economic Development Program. The County Auditor-Controller shall oversee disbursements, which must be authorized by the signature of the County Administrator. A strict accounting of funds and report of all receipts and disbursements shall be made. Upon completion of the purposes of this Agreement, any surplus money on hand shall be returned in proportion to the contributions made. Each party shall contribute one-half its annual share of allocated costs by September 15, lggo, and the remaining one-half of its share by July 1 of each fiscal year that the program is in operation. In accordance with the Implementation and Financing Plan, the Alameda County Board of Supervisors (Board of Supervisors) shall enter into a contract with the Alameda County Superintendent of Schools to administer the Workforce Project. The Board of Supervisors may also enter into other contracts to carry out the stated objectives of the program. The Board of Supervisors shall require its contractors to provide a hold harmless and indemnity guarantee for the benefit of all parties to this agreement.