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unless an exception is requested in writing and approved by the Alameda CTC Board. If an <br />undesignated fund reserve is established by RECIPIENT, it must be done as part of the Annual <br />Program Compliance Reporting process as defined in Article 4.A.3. <br />RECIPIENT shall report the range of potential uses for the reserve <br />fields in its annual audit and compliance report. <br />C. Rescission of Funds Policy: If RECIPIENT does not meet the timeliness <br />requirements set forth in Sections A and B, Alameda CTC may determine that RECIPIENT does <br />not need the unspent funds. In such case, unless the RECIPIENT requests and Alameda CTC <br />approves an extension to the applicable deadline for the Capital Fund Reserve as described in <br />Article 3, B, 1, RECIPIENT must return unspent funds and all interest earned thereon to <br />Alameda CTC. All such funds returned to Alameda CTC shall be placed into an account for <br />reallocation to the same programmatic type for transportation improvements in the county. <br />D. Other Expenditure Restrictions: <br />Transportation Purposes Only: RECIPIENT shall use all Measure B <br />and VRF funds solely for transportation purposes as defined by the authorizing ballot measures. <br />Any jurisdiction that violates this provision must fully reimburse all misspent funds, including all <br />interest earned thereon. <br />2. Non - Substitution of Funds: RECIPIENT shall use Measure B, pursuant <br />to PUC 180000 et seq., and VRF funds to supplement and not replace existing property taxes <br />used for transportation purposes. <br />