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Alameda CTC Agreement No. A16-0064 <br />G. On November 4, 2014, the voters of Alameda County, pursuant to the Act, approved <br />Measure BB, thereby authorizing ALAMEDA CTC to administer the proceeds from the extension of the <br />existing Measure B one-half of one percent transaction that is scheduled to terminate on March 31, 2022, and <br />the augmentation of the tax by one-half of one percent. <br />H. The duration of the Measure BB sales tax will be 30 years from the initial year of collection, <br />which begins April 1, 2015, with said tax to terminate/expire on March 31, 2045. The tax proceeds will be <br />used to pay for the investments outlined in Alameda County's 30 -Year Transportation Expenditure Plan <br />("Measure BB Expenditure Plan"), as it may be amended. <br />I. This AGREEMENT delineates the requirements of the Measure B/Measure BB/VRF Direct <br />Local Distribution ("DLD") funds that are directly allocated to local jurisdictions and transit operators, as <br />authorized by the Measure B Expenditure Plan, the VRF Expenditure Plan, and the Measure BB Expenditure <br />Plan. Discretionary funds identified in these expenditure plans are not the subject of this AGREEMENT, and <br />RECIPIENT will be required to enter into a separate agreement for those funds. <br />J. This AGREEMENT was originally approved by the governing body of the ALAMEDA CTC on <br />February 25, 2016. <br />NOW, THEREFORE, it is mutually agreed by and between the parties as follows: <br />ARTICLE I: FUNDING ALLOCATIONS <br />1. This AGREEMENT authorizes the ALAMEDA CTC to allocate the DLD funds derived from <br />Measure B, Measure BB, and VRF receipts as described in their respective voter -approved expenditure plans <br />and as summarized in Table A: DLD Investment Summary and described below for different fund types. <br />Table A: DLD Investment Summary <br />DLD Program <br />Fund Program <br />Bicycle and Pedestrian Program <br />Measure B and Measure BB <br />Local Streets and Roads Program <br />Measure B, Measure BB, and VRF <br />Mass Transit Program <br />Measure B and Measure BB <br />Paratransit Program <br />Measure B and Measure BB <br />2. All DLD distributions pursuant to this AGREEMENT shall be effective as of July 1, 2016. <br />A. BICYCLE AND PEDESTRIAN PROGRAM <br />1. ALAMEDA CTC will distribute Measure B and Measure BB DLD funds pursuant to a <br />formula weighted 100 percent by the jurisdiction's population within the subarea. RECIPIENT's allocations <br />are subject to change based on variations in annual population figures. <br />Page 2 of 16 <br />