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Agmt 2002 Alameda County Transportation Improvement Authority ACTIA (3)
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Agmt 2002 Alameda County Transportation Improvement Authority ACTIA (3)
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5/18/2012 4:24:30 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
7/1/2002
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Reso 2002-096
(Approved by)
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\City Clerk\City Council\Resolutions\2002
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ACTIA 2002 -26 <br /> (28) To publish, at least annually, an article either in the SPONSOR's newsletter or in <br /> ACTIA's quarterly newsletter, highlighting PROJECTS in which funds received by SPONSOR <br /> from ACTIA are being used. <br /> (29) That upon request from ACTIA through SPONSOR's administrative officer or <br /> designated staff, to render a report or answer any and all inquiries in regard to its receipt, <br /> compliance audit findings, and usage of its funds before ACTIA's Governing Board, the Citizens <br /> Watchdog Committee (CWC) and /or Citizens Advisory Committee (CAC). <br /> (30) That in the event PROJECTS are not completed, to repay ACTIA any funds expended by <br /> ACTIA above its proportionate share of eligible costs for the PROJECTS as in EXHIBIT "D ", <br /> Appendix C, "Policy Regarding ACTIA Funds Spent or Allocated to Projects that are Later <br /> Removed from the Plan ". Payment to ACTIA shall be made with interest based on the current <br /> County Investment Pool rate, and shall be made within five (5) years of the time a project is <br /> deleted from the PLAN. In the event that such payments are not made, ACTIA will withhold all <br /> other funds clue SPONSOR from ACTIA until such debt has been eliminated. In the event that a <br /> project is not completed due solely to a shortfall in the ACTIA revenues proposed for that <br /> project, this article (30) will not apply. <br /> SECTION 11 <br /> ACTIA AGREES: <br /> (1) That increased costs in individual PHASES of PROJECTS will be eligible for <br /> reimbursement if the SPONSOR provides a funding plan indicating that funds from other <br /> PHASES or other sources are available to assure that the delivery of the PROJECTS will not be <br /> jeopardized due to the increase in that PHASE. <br /> (2) Allocated ACTIA funds may be expended in total prior to expenditure of SPONSOR <br /> funds subject to the conditions included in this AGREEMENT. <br /> (3) To program funds for reimbursement to SPONSOR in the ACTIA Annual Strategic Plan <br /> as close as possible to the years detailed in the SPECIFIC AGREEMENT. <br /> Final 5/16/02 Page 9 <br />
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