Laserfiche WebLink
EXHIBIT 1 <br /> MEMORANDUM OF UNDERSTANDING FOR THE CITIES OF <br /> FOUNTAIN VALLEY, GARDEN GROVE, AND SANTA ANA <br /> FOR THE <br /> LITTLE SAIGON DISTRICT <br /> This MEMORANDUM OF UNDERSTANDING ("Agreement") is dated as of October <br /> 2025 ("Effective Date"), and entered into by and among the Cities of Fountain Valley, a <br /> municipal corporation ("FV"), Garden Grove, a municipal corporation ("GG"), and Santa Ana, a <br /> charter city and municipal corporation ("SNA"), each of which is organized and existing under <br /> California law (cumulatively the "Parties," and at times individually a "Party"), with reference to <br /> and in consideration of the following: <br /> WHEREAS, the Parties recognize the value and importance of regional collaboration to <br /> support economic revitalization,job creation,and the cultural preservation of Vietnamese-American <br /> communities within their jurisdiction; and <br /> WHEREAS,the Parties propose to establish a multi jurisdictional effort to enhance cultural <br /> tourism through multiple means, including but not limited to, supporting the formation of a multi- <br /> jurisdictional business improvement district under Streets and Highways Code §§ 36500 et seq in <br /> the Parties' respective Vietnamese business communities, and stimulate job growth and small <br /> business development across the Parties'jurisdiction; and <br /> WHEREAS, the Parties have been awarded a grant from the Orange County Business <br /> Council (OCBC), acting in their capacity as the California Jobs First (CJF) Regional Convener for <br /> Orange County, which will assist in understanding the opportunity to establish Little Saigon as a <br /> premiere statewide destination for cultural tourism that celebrates diversity and boosts the regional <br /> economy(the "Program"); and <br /> WHEREAS, GG will act as the lead agency responsible for overseeing administrative <br /> functions related to grant management,procurement, and consultant oversight; and <br /> WHEREAS, the Parties desire to forinalize their roles, contributions, and cooperative <br /> efforts under this Agreement to implement the Program in a coordinated, equitable, and efficient <br /> manner; <br /> WHEREAS, each Party has caused this Agreement to be duly approved by its respective <br /> governing body, and by so doing,has found and determined that this Agreement furthers the health, <br /> safety, and general welfare of their respective residents and businesses. <br /> NOW THEREFORE, in consideration of the mutual covenants and conditions contained <br /> herein, and other good and valuable consideration, the receipt and adequacy of which are hereby <br /> acknowledged, the Parties agree as follows: <br /> 1 <br />