Common Contracts
1 similar Memorandum of Understanding contracts
Memorandum of UnderstandingMemorandum of Understanding • April 18th, 2017 • California
The parties entered into a Memorandum of Understanding as of October 25, 2005 ("2005 MOU") that required GGB and SMART to enter into an agreement for the funding of construction of improvements to the San Rafael Transportation Center ("SRTC"). This 2017 MOU is entered into to satisfy this requirement of the 2005 MOU by providing the mechanism to fund and construct interim improvements to the SRTC, which are suboptimal as compared to the existing SRTC, and by providing the mechanism to insure that the funding is ultimately provided for the construction of the permanent SRTC improvements.
