Agmt 2003 Alameda County Transportation Improvement Authority ACTIA

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ACTIA 2003-16 WHEREAS, PAPCO will similarly establish a plan for the utilization of funds designated in the Plan for paratransit coordination and gaps in service, subject to the review and approval of the ACTIA Board, WHEREAS, CITY and ACTIA desire to enter into an agreement pursuant to which ACTIA will agrees to distribute CITY's share of paratransit funds to CITY on a monthly basis (as funds are received by ACTIA from the Board of Equalization) per the Board approved PAPCO agreement and paratransit~plans to during the period from July 1, 2003 through June 30 2007. NOW, THEREFORE, it is mutually agreed by and between the parties as follows: ACTIA agrees that it shall: 1. Within five working days of actual receipt of the monthly Measure B sales tax revenues from the State Board of Equalization, remit to CITY an amount calculated by applying the subarea allocation figures, set forth in Exhibit A attached hereto and by this reference incorporated herein, and the applicable allocation figures, as determined by PAPCO and approved by the ACTIA Board, to the net revenues received, subject to the terms of this Agreement. 2. Within five working days of actual receipt of the monthly Measure B sales tax revenues from the State Board of Equalization, remit to CITY the amount, if any of paratransit funds due the CITY for its share of funds for paratransit coordination and gaps in service based on the applicable allocation figures, as determined by PAPCO and approved by the ACTIA Board, subject to the terms of this Agreement. 3. Provide an annual projection of CITY's share of Measure B sales tax revenues for paratransit funding on a cash basis of reporting. 4. Report the amount of Measure B Program revenues passed through to each CITY for paratransit funding for the fiscal year and for the total Program to date, on a cash basis. 5. Provide notice to CITY of any and all expenditures made by CITY which are not in compliance with this Agreement, the Plan, 2000 Measure B, or the performance measures included in the local plan developed by CITY pursuant to this Agreement, promptly after such expenditures come to ACTIA's attention. 6. Provide plan, budget and reporting templates to CITY in electronic format. The CITY agrees that it shall: 1. Use the funds distributed to CITY pursuant to this Agreement for non-mandated paratransit services aimed at improving the mobility of seniors and persons with disabilities. 2. Continue the utilization of an appropriate system of accounts to keep separate accounting and reporting for funds received pursuant to this Agreement. The accounting system shall provide adequate internal controls and audit trails to facilitate an annual compliance audit for lasa~e and application of such fiords. 2 011455.0001 \610617.3