Exhibit CC 10-15-13 Item #9 DA Addendum to Item 3.14 10/ISll3 :4�1
Within 60 days after the Effective Date of the Development Agreement,Apple will
pay the City$1 million dollars to fund a transportation study of Wolfe Road between
Homestead and Stevens Creek. The study may include, potentially:
• physical improvements including widening of the Wolfe Road
overcrossing at I-280 and associated interchange improvements
(which may include a Caltrans Project Study Report)
• adaptive signal technology
• TSM/TDM options
• Multi-modal solutions
Subject to the outcome of the study, the parties shall cooperate in good faith to
determine the scope of issues and funding options, potentially including a
Community Facilities District pursuant to the Mello-Roos Act, a reimbursement
agreement, a multi-party funding agreement or similar mechanisms to fund
implementation of the selected solutions, if any.
The parties expressly acknowledge and agree that the City reserves full and
complete discretion with respect to legally required findings that must be made in
connection with the above study or funding mechanisms. Nothing in this agreement
will prejudge or commit the City regarding findings and determinations that would
have to be made with respect to the study or funding mechanisms.