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City of San Leandro <br />Meeting Date: June 15, 2015 <br />Staff Report <br />Agenda Section:File Number:15-325 CONSENT CALENDAR <br />Agenda Number:8.D. <br />TO:City Council <br />FROM:Chris Zapata <br />City Manager <br />BY:Keith Cooke <br />Engineering & Transportation Director <br />FINANCE REVIEW:David Baum <br />Finance Director <br />TITLE:Staff Report for a Resolution Authorizing the City Manager to Enter the City <br />into a Master Programs Funding Agreement with the Alameda County <br />Transportation Commission for the Distribution and Receipt of Measure BB <br />Transportation Sales Tax Revenue <br />SUMMARY AND RECOMMENDATIONS <br />Staff recommends that the City Council approve and authorize the City Manager to enter the <br />City into a 1-year Master Programs Funding Agreement (MPFA) with the Alameda County <br />Transportation Commission (Alameda CTC). The new agreement will serve as the contract for <br />distribution and receipt of Measure BB transportation sales tax revenues. <br />BACKGROUND <br />On November 4, 2014, the voters of Alameda County, pursuant to the provisions of the Local <br />Transportation Authority and Improvement Act, California Public Utilities Code Section 180000 <br />et seq., approved Measure BB, thereby authorizing Alameda CTC to administer the proceeds <br />from the extension of an existing one-half of one percent transaction and use tax scheduled to <br />terminate on March 31, 2022, and the augmentation of the tax by one-half of one percent. <br />The duration of the tax will be 30 years from the initial year of collection, which begins April 1, <br />2015, with said tax to terminate/expire on March 31, 2045. The tax proceeds will be used to <br />pay for the investments outlined in the 2014 Alameda County Transportation Expenditure <br />Plan (β€œ2014 TEP”), as it may be amended. <br />Measure BB requires that the City enter into a Master Programs Funding Agreement (MPFA) <br />with the Alameda CTC in order to distribute Measure BB funds. This Agreement delineates <br />the requirements of the Direct Local Distribution (DLD) funds; funds which are allocated <br />directly to local jurisdictions and transit operators, as authorized by Measure BB and detailed <br />in the 2014 TEP. <br />Page 1 City of San Leandro Printed on 6/9/2015