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CONTRACT No. 16-1001326 <br /> MEMORANDUM OF UNDERSTANDING <br /> BETWEEN THE <br /> SAN BERNARDINO COUNTY TRANSPORTATION AUTHORITY <br /> AND THE CITY OF REDLANDS <br /> FOR THE DEVELOPMENT OF <br /> ALABAMA STREET PROJECT NEAR INTERSTATE 10 <br /> BETWEEN ORANGE TREE LANE AND INDUSTRIAL PARK AVENUE <br /> I. PARTIES AND TERM <br /> A. This Memorandum of Understanding ("MOU") is entered by and between the <br /> SAN BERNARDINO COUNTY TRANSPORTATION AUTHORITY ("SANBAG") and the <br /> CITY OF REDLANDS ("PROJECT SPONSOR") (together, the "PARTIES") on the Effective <br /> Date defined later herein. <br /> B. The Term of this MOU will commence on the Effective Date and, unless earlier terminated as <br /> provided in Section V, Paragraph D of this MOU, terminate upon the date a notice of <br /> completion is recorded for the Alabama Street at I-10 Interchange Project ("PROJECT") or <br /> September 30, 2021, whichever is earlier. <br /> II. RECITALS <br /> A. WHEREAS, the PROJECT is included in and is eligible to receive funds from the Measure I <br /> 2010-2040 Valley Freeway Interchange Program. <br /> B. WHEREAS, the PARTIES desire to proceed with development of the PROJECT. <br /> C. WHEREAS, the PARTIES are entering into this MOU for the purpose of documenting the <br /> terms and conditions of cooperation between the PARTIES required to complete the PROJECT <br /> with respect to cost, funding, schedule, and scope, as detailed in Exhibit A, attached hereto and <br /> incorporated herein by this reference. <br /> D. WHEREAS, PARTIES agree that the proposed improvements will serve as the I-10 Alabama <br /> Interchange, identified as priority No. 6 within the Freeway Interchange Program, the SANBAG <br /> 10-Year Delivery Plan and SANBAG Development Mitigation Nexus Study. <br /> E. WHEREAS, a conceptual layout of the PROJECT is shown in Exhibit B, attached hereto and <br /> incorporated herein by this reference. <br /> 16-1001326 A-1 <br />