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Title VI of the Civil Rights Act, as applicable. All projects and programs funded in this Plan will be required to conform to the requirements of these regulations, as applicable. All projects that go through environmental review analyses will select the most efficient and effective project alternative and technology for implementation to meet the objective of the project, and will have clearly defined project descriptions, limits and locations as a result of the environmental process. 16. Complete Streets: It is the policy of Alameda CTC that all transportation investment decisions shall consider the needs of all types of transportation and all users. All investments will conform to Complete Streets requirements and Alameda County guidelines to ensure that all transportation types and users are considered in the expenditure of funds so that there are appropriate investments that fit the function and context of facilities that will be constructed. 17. Local Contracting and Good Jobs: Alameda CTC will develop a policy supporting the hiring of local contractors, businesses and residents from Alameda County as applicable in the expenditure of these funds. 18. New Agencies: New cities or new entities (such as new transit agencies) that come into existence in Alameda County during the life of the Plan may be considered as eligible recipients of funds through a Plan amendment. PROJECT FINANCING GUIDELINES AND MANAGING REVENUE FLUCTUATIONS 19. Fiduciary Duty: By augmenting and extending the transportation sales tax, Alameda CTC is given the fiduciary duty of administering the proceeds of this tax for the benefit of the residents and businesses of Alameda County. Funds may be accumulated by Alameda CTC or by recipient agencies over a period of time to pay for larger and longer-term projects pursuant to the policies adopted by Alameda CTC. All interest income generated by these proceeds will be used for the purposes outlined in this Plan and will be subject to audits. 20. Project and Program Financing: Alameda CTC will have the authority to bond for the purposes of expediting the delivery of transportation projects and programs. The bonds will be repaid with the proceeds of this sales tax. The costs associated with bonding, including interest payments, will be borne only by the capital projects or any programs included in the Plan that utilize bond proceeds. The costs and risks associated with bonding will be presented in Alameda CTC's strategic plan and will be subject to public comment before any bond sale is approved. 21. Programming of Funds: Actual revenues may, at times, be higher than expected in this Plan due to changes in receipts and additional funds may become available due to increased opportunities for leveraging or project costs less than expected. Revenue may be lower than expected as the economy fluctuates. Estimates of actual revenue will be calculated annually by Alameda CTC during its annual budget process. Any excess revenue will be programmed in a manner that will accelerate the implementation of the projects and programs described in this Plan, at the direction of the Alameda CTC Commission. 22. Fund Allocations: Should a planned project become undeliverable, infeasible or unfundable due to circumstances unforeseen at the time this Plan was created, or should a project not require all funds programmed for that project or have excess funding, funding for that project will be reallocated to another project or program of the same type, such as Transit, Streets, Highways, Community Development Investments, or Bicycle and Pedestrian Safety, at the discretion of Alameda CTC. 23. Leveraging Funds: Leveraging or matching of outside funding sources is strongly encouraged. Any additional transportation sales tax revenues made available through their replacement by matching funds will be spent based on the principles outlined for fund allocations described above.